In just the past few years, Ghana’s economy has undergone major transformations and has been shaped by a number of encouraging trends, including a rising per capita income, increased capital spending, higher commodities prices and an improved government fiscus. The economy grew by 14.4% in real terms in 2011, the highest rate of growth recorded worldwide that year. Much of this was due to the...
Ghana
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Chapter | Country Profile from The Report: Ghana 2012
This chapter takes a look at Ghana’s history, trade relations and its impact on the regional and global stage. This chapter contains interviews with Mahatir Mohammad, former Prime Minister of Malaysia; Stephen O’Brien, UK Under-Secretary of State for International Development; and viewpoints from President President John Dramani Mahama and Fernando Pimentel, Brazilian Minister of Development,...
Economic update | Ghana: Steadying the ship
28 Aug 2012
A smooth transition from former President John Atta Mills, who unexpectedly passed away last month, to new President John Dramani Mahama will help reassure investors about the continued steady performance of the country’s economy, but mild pressure from short-term risks may necessitate some adept changes to monetary and fiscal policy.
Economic update | Ghana: Heath care expanded
14 Aug 2012
Heath care development has been a priority for Ghana for many decades, and the government is now looking to concentrate on the poorest segments of the population and tackle infectious disease rates.
Economic update | Ghana: Constructing new settlements
30 Jul 2012
The government is placing renewed attention on tackling the housing deficit, with an emphasis on private sector investment, better urban planning and more low-cost homes. Two recently launched projects that dovetail with these aims could point the way for construction development.
Africa has undergone an economic transformation over the past decade. While there is wide variation among the continent’s markets, its frontier economies have been among the fastest-growing worldwide, in a trend that will likely continue over the next decade. That growth is unlocking opportunities in sectors new and old – one of the reasons why Africa offers one of the highest rates of return of developing regions.