Ghana

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With mobile internet growing strongly and the government committed to extensive ICT development, Ghana’s IT sector is gaining momentum. Demand for tech services and products is rising from private and public sector bodies, as well as individuals, and the rollout of new in-country cable networks and nascent 4G is boosting connectivity. These...

 

Long one of the fastest-growing and most dynamic parts of the economy, Ghana’s telecoms sector is undergoing a transition towards increased data activity. Rising costs in the 27.9m-person country have forced operators to raise tariffs and intensify their efforts to develop growing streams of revenue, particularly data-intensive services. As...

 

As Ghana’s mobile telecoms market matures and incomes in the country rise, its telecoms companies are increasingly looking to boost mobile data volumes – a lucrative part of the market that is growing at double-digit rates. Data services could help bolster average revenue per user at a time when margins are under pressure from rising costs and...

 

An open economy, growing use of technology, political stability and location make Ghana a favourable centre for ICT development. For some time the country was not fully capitalising on these qualities, but recently its reputation as a start-up centre has risen.

 

As operators have looked to diversify product offerings in recent years, they have shown increasing interest in mobile banking and mobile money. Mobile money has become a way in which technology can allow frontier markets to reduce development disparities and improve financial inclusion. The most successful illustration of this is the M-Pesa...

 

Economic development continues to drive Ghana’s need for expansion and renovation of transport infrastructure. While forecasts for economic growth have been reduced, the IMF still expected its economy to grow at a rate of 4.5% in 2016, compared to 3.9% in 2015. With ongoing offshore activities and an increasing number of construction projects...

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