Air travel is growing rapidly in Ghana, as the country’s population takes to the sky and more tourists and businesspeople visit the country. Plans are under way to develop Ghana’s major airports to keep pace with growing demand, while the government is also seeking a private investor to help re-establish a national airline.
With a history that stretches back to the days of independence when Valco Aluminium – at the time Africa’s largest smelter – Ghana’s metals industry has faced significant challenges recently, although it has benefitted from growth the rest of the country is enjoying. Reliant in past years on domestic demand from the extractive sectors, the bulk of the momentum has more...
Few sectors are as fundamental to supporting long-term economic development as transport. As Ghana’s growth has accelerated in recent years, the government has sought to boost investment in all modes of transport through public and private resources.
In spite of its role as one of Africa’s fastest growing economies, Ghana has yet to fully transition its agriculture and resource commodities base into a vibrant and diversified industrial sector. More than 80% of exports are presently made up of gold, oil and cocoa in raw form, pointing to both an opportunity and a need to undertake more processing domestically....
Long dominated by traditional and largely informal markets, Ghana’s retail landscape is undergoing significant change. As with many African frontier markets, formal retailing is beginning to capture a greater share of spend as an expanding middle class increases consumption and becomes more demanding in terms of convenience and variety. The Ghanaian market, according to...
Facing saturation and elusive growth prospects in more established markets, multinational fast-moving consumer goods (FMCG) companies are turning their attention to sub-Saharan Africa, a growing region that, with some exceptions, has been undersupplied when it comes to branded, mass-produced consumer products. A 2012 report by the global consultancy McKinsey Africa...
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