One of the most ambitious elements of the government’s industrial development strategy is the One District, One Factory (1D1F) scheme that was launched in 2017. As its name suggests, the programme seeks to establish a factory in each of Ghana’s 254 districts. The initiative emphasises job creation, as well as leveraging the country’s existing...
E-commerce is now well established in developed markets, where the majority of adults make at least occasional purchases online. However, levels of activity on the whole remain relatively low in emerging countries, as these markets are restrained by a wide range of challenges, among them less-developed financial and logistical infrastructure...
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...
The combination of a buoyant economy and demographic shifts such as rapid population growth and rising urbanisation levels are driving new trends in the Ghanaian retail sector. International brands and mall developers are becoming increasingly present, and the scope for the expansion of modern retail is considerable, following a decade where...
Building on several years of robust growth in the sector, Ghana has launched a multifaceted programme aimed at increasing its industrial capacity and output. This wave of new initiatives is designed to strengthen the investment environment for manufacturing and boost the value-added component of the country’s manufactured exports. While...
With one of the region’s highest levels of mobile data penetration and a thriving start-up scene, Ghana’s ICT sector is one of the most active parts of the economy. The government sees ICT development as central to meeting the country’s goal of entrenching and developing its middle-income status. Just as better transport infrastructure is seen...
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