Ghana

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For years, travellers to Accra complained about the quality of accommodation. Room and service standards were often poor, while prices were high, particularly following the discovery of oil, which in turn led to an influx of business travellers. This situation is now beginning to change as a growing number of four- and five-star hotels are opening in the capital in...

Building on its reputation within the West African region as a politically stable and economically vibrant state, Ghana is working to develop its strong tourism industry. The country’s appeal as a destination is already clear to hundreds of thousands of visitors every year, as well as to Ghanaians themselves. From a solid base – tourism is already an important hard...

For many years the real estate market was an often-overlooked component of Ghana’s economy, failing to be as eye-catching to domestic and overseas investors as the better-known success stories in commodities, energy and agriculture. This is beginning to change, however, as capital generated by Ghana’s energy-led aggressive growth from 2010 onwards has both helped attract...

Infrastructure development in Ghana has seen a healthy progression over the past decade, mainly as a result of the Jubilee oil field discovery in 2007. Following Tullow Oil’s initial operations in 2010 demand for construction surged in 2011-12 as the government commenced various large-scale infrastructure projects. There was a particular focus on transport, housing and...

As demand for utilities, housing and overall infrastructure in Ghana rises, new government projects and private developments require an ever-increasing supply of building materials, particularly cement. Local players are expanding production capacity while two new plants are set to begin operations in late 2014 and early 2015. Although challenges remain apparent, such as...

Competitive among local and international players, Ghana’s logistics sector has grown in parallel with the economy and is on course to continue this trend, given rising demand and the government’s efforts to promote foreign investment. However, bureaucracy and human resource shortages remain as key challenges.

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