Ghana

Ghana has experienced some formidable macroeconomic challenges since 2013, characterised by high inflation in excess of 20% per annum; a slowdown in real annual GDP growth to below 4%; a sharp rise in the deficit-to-GDP ratio to above 12%; a debt-to-GDP ratio higher than 60%; a sharp annual depreciation of the Ghanaian cedi in consecutive...

A bill updating the 1993 Securities Industry Law is slowly making its way through the halls of Ghana’s Parliament. The existing law has become out of step with many of the advances of an increasingly global market. The new legislation would seek to tighten regulation, increase transparency, better facilitate cross-border transactions and allow...

Given the open regulatory framework, continued interest from foreign investors and current low penetration rate, there is strong potential for growth in the Ghanaian insurance sector. The industry is working to design and market products for uninsured populations, including the emerging middle class and those in the informal sector. For its...

Ghana’s emerging real estate sector contributes significantly to the development of the economy as far as housing is concerned. The government has helped to establish the Ghana Real Estate Developers Association as an initiative for public and private sector participation in housing investment and delivery. The association was formally...