Ghana

While Ghana boasts a wide array of long-term advantages for industrial producers, including access to a 300m-person regional market, raw material inputs ranging from metals to cocoa, and competitive labour costs, 2014 was nonetheless particularly challenging for the country’s industrial and manufacturing sector, in large part due to a...

Although formal retail operations have continued to expand in recent years, driven in part by Ghana’s emerging middle class, the sector is still dominated by traditional and informal open-air markets, which continue to make up around twothirds of total sales, according to global management consultancy A.T. Kearney.

In recent years multinational fast-moving consumer goods (FMCG) companies have been turning their attention to the expanding consumer markets in Africa, with beverage companies often in the vanguard. This is certainly visible in Ghana, where research firm BMI forecasts that total household spending will reach $8bn in 2015, with a compound...

Mobile money is a growing segment in Ghana, having been launched in 2009, later than in some African countries. Transactions worth a total of GHC11.6bn ($3.22bn) were made in 2014, up from GHC2.4bn ($666m) in 2013, according to Bank of Ghana (BoG) statistics. The number of transactions soared from 36.8m in 2013 to 106.4m in 2014, while the...

Ghana is a leader in African telecoms market liberalisation, has a relatively high level of mobile penetration and is a regional centre for submarine cables. However, this has not necessarily been reflected by the use of ICT in the day-to-day lives of Ghanaians or in ordinary businesses. For Daniel Glover, general manager of Tecno, the issue...

Across the continent, there is a trend towards sharing and outsourcing network infrastructure, which is capital intensive to build and costly to maintain. Ghana has been a leader in this movement, with major deals struck between mobile operators and infrastructure operators over the past five years.