Palm oil production in Ghana has surged in recent decades, thanks to a top-down approach that may offer a preview of how the government wants to improve its agricultural sector. The country has found success in partnering with the private sector on large-scale projects. It has invested in the sector by founding and supporting the Oil Palm Research...
In spite of the sudden surge in available hydrocarbons feedstock, the sizeable pool of locally sourced commodities and the country’s comparatively developed links to neighbouring markets, Ghana’s industrial economy is small and import-reliant. Manufacturing makes only a modest contribution to GDP, with a share far smaller than expected in 2012....
Beverage manufacturing is an example of a diversified and competitive industry. Government policies such as tax breaks to allow for importing agro-processing equipment provide incentives, and the increase in disposable income should translate into significant growth in the coming years. Some firms are already tapping into the export market, showing...
Crucial to the economy, Ghana’s agricultural sector is the country’s largest employer and a significant contributor to its production value. Together with economic growth opportunities, a push for a stronger food security policy has created a drive to modernise farming business in recent years. The aim is to boost yields without sacrificing jobs....
Punching above its weight for several years, Ghana’s transport network compares well with regional counterparts in a similar income bracket. Nonetheless, as the population expands and the government looks to gas production to fuel further industrialisation, the current network will come under increasing pressure. Whilst this will create significant...
The transition from energy “nobody” to an important regional player is reaching a crucial phase in Ghana. Since the discovery of offshore oil in June 2007, the government has made a number of decisions to reach oil production in just 42 months, the quickest turnaround in the history of the modern energy sector. However, the decision-making process...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×