Though home to a diverse set of minerals, it has been the soaring price for gold amidst a weak global economy that has brought about significant increases in production, investment, exploration and revenues. However, minerals such as manganese, bauxite and diamonds are also being explored and excavated, and the country could once again rejoin the...
Renowned for its stability and rapid economic growth fuelled by exporting commodities and foreign direct investment, Ghana hopes to capitalise on its image as a well-managed and peaceful West African state to further develop its tourism industry. The sector is buoyed by an increasing number of business travellers and is continuing to diversify its...
For many, offshore hydrocarbon exploration constitutes perhaps the final frontier in the oil and gas sector. Offshore drilling targets oil and natural gas deposits trapped beneath the ocean floor – or in some cases beneath inland lakes and seas – which are accessed through wellbores in the seabed. It is the most complex and expensive way of...
After experiencing significant growth over the past 12 months, Ghana’s air transport sector potential is beginning to be realised, with volumes up for both the international and domestic markets. However, this success has brought its own challenges in terms of capacity constraints, while more could be done to encourage further growth and fully...
Ghana’s recovery from a dip brought on by the global financial crisis is certainly good news for the logistics sector. With economic growth of 14.5% in 2011, according to the IMF, and as the government plans to use the offshore associated gas finds to bolster economic diversification, the prospects for logistics firms look strong.
Following parliamentary approval of the 2011 Tourism Bill, the transformation of the Ghana Tourism Board into a fully fledged, income-generating authority is a promising step for the sector. Private players and public sector officials are hoping that the radical changes will increase funding and facilitate the implementation of a new orientation...
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