Ghana

Displaying 139 - 144 of 168

Chapter | Transport from The Report: Ghana 2013

Ghana’s pursuit of middle-income status, bolstered by developments in the oil and gas sector, has put a corresponding strain on its transport networks, particularly at ports and airports. The government has committed to expanding facilities at airports to better meet the demands of a rising number of flights and an increasing amount of passengers. The first step of the proposed improvement works...

Chapter | Utilities from The Report: Ghana 2013

With the economy growing at record rates, the authorities are working to keep pace with rising demand for water, power and sanitation. Compared to many neighbouring countries, Ghana’s utilities are in healthy standing, though the sector has not been without problems. The country’s water and sanitation systems are in need of improvement; only 64% of the population had access to clean water and 15...

Chapter | Agriculture from The Report: Ghana 2013

Often referred to as the backbone of Ghana’s economy, agriculture has traditionally been the largest sector and the biggest employer in the country, bolstered by diverse commodities and strong ties to European markets. However, agriculture’s economic contribution has dwindled as the sector has shown low growth in recent years. Its contribution to GDP fell in 2012, totalling 22.7% of GDP, compared...

Chapter | Energy from The Report: Ghana 2013

Since the discovery of offshore oil in 2007, Ghana has been adapting to the new reality of its hydrocarbons economy. In 2012 production at the Jubilee field increased 15% year-on-year to reach 27.4m barrels of crude oil, the entirety of which was exported for nearly $3bn. Oil production from the Jubilee field will likely plateau at around 140,000 bpd from 2013 to 2023. Gas production is also...

Chapter | Insurance from The Report: Ghana 2013

While insurance penetration is still modest by emerging market standards, headline indicators are improving significantly. Over the past five years, revenue from insurance premiums has averaged 32% growth, with the life segment seeing 38.1% expansion over this same period. Microinsurance is expected to be a major growth driver given the cost-sensitivity of policies. As of 2010, between 160,000...

Chapter | Capital markets from The Report: Ghana 2013

While Ghana benefits from a roster of financial actors, the country’s capital markets are modest compared to continental exchanges in Cairo, Johannesburg, Lagos and Casablanca. The Ghana Stock Exchange (GSE) has just 36 equities and one exchange-traded fund listed on its equities exchange alongside a bond market dominated by government securities. In recent years the requirements for listing have...

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