Ghana

The Economic Community of West African States (ECOWAS) represents a grand ambition. Dedicated to establishing a single currency and Customs union, with fully integrated economies and open borders, the path ahead for ECOWAS is a challenging one, involving sensitive decisions on issues of economic sovereignty and a significant amount of political...

Risk insured outside Ghana is considered a lost income opportunity, and Ghanaian law and regulations are designed with that in mind. Companies operating in the country are required to insure their risks domestically, or to at least exhaust local capacity before going abroad. However, as economic activity grows in scale and complexity, the size and...

Driven largely by the start of oil production and commodity price increases, the Ghanaian economy has been expanding extremely rapidly in recent years. This growth has been attracting investment and is set to benefit a variety of industries. However, there is widespread consensus that in order to ensure growth remains sustainable and is accompanied...

Investment products attract financing, and Ghana’s capital market has been slowed down by a lack of choice. However, a rise in the amount of available corporate bonds will open new doors for investors and widen the financing options available to local companies. This will aid in making borrowing cheaper by disintermediating deposit-taking...

There are not many attractive options for Ghanaian insurers when it comes to investing – capital markets in the country are small, inactive and provide few choices. However, they are expected to see an improved list of securities and other potential investments in the coming years. As of March 2012 there were 34 companies trading on the Ghana Stock...

THE COMPANY: CAL Bank, formerly CAL Merchant Bank, was incorporated in March 1989 as a private limited liability company. CAL Bank started operations as a local merchant bank in 1990 with the aim of providing international-standard services.