A range of game-changing infrastructure projects are set to reshape Ghana’s transport sector over the next half-decade, and 2019 should be a year of redoubled investment by the government. The country’s two main ports continue to expand, the budget for road development has increased by nearly 150%, the long-awaited transformation of the...
The Ministry of Railways Development (MRD) has a budget of GHS636m ($137m) for 2019, up 16.9% from its allocation in 2018. The government is also looking to tap private sources of funding, such as its $2bn deal with China’s Sinohydro, wherein the firm will build vital infrastructure in exchange for bauxite development revenue. The MRD’s...
With the construction industry growing at a lively pace, Ghana’s cement market has continued to expand, encouraging both local producers and importers to make investments for the future.
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
Ghana’s real estate sector has gone through peaks and troughs over the past decade, mirroring the economy’s turn from the oil boom in 2010 to the mid-decade slowdown. The market started to tick upwards in 2018 thanks to a robust economy and the government’s reform programme, and various segments, from highend residential real estate to...
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