Ghana

The banking sector has been seeing a significant amount of merger and acquisition activity since early 2011, including one deal that recent reports suggest has given rise to a new industry leader, in terms of banking assets. Some observers predict further merger activity and view recent capital requirement increases as being aimed at spurring...

As the two largest economies in West Africa, the relationship between Nigeria and Ghana is a crucial one for the region. Trade ties are particularly important, and Nigeria’s high levels of liquidity serve as an important source of capital for Ghana.

THE COMPANY: Tullow Oil (Tullow) is an independent oil and gas exploration and production company. The company is engaged in oil and gas exploration, development and production and the sale of hydrocarbons and related activities.

With a penetration rate of 2-3%, Ghana’s insurance sector is tiny when compared on a global scale. When considered in a regional context, however, it looks more impressive – the penetration rate elsewhere in West Africa is around 1%. Legislative changes are ongoing, which is helping to foster growth, as is the slow but steady adoption of...

The banking industry is heavily dominated in terms of market share by a relatively small number of large banks, made up by a mix of state-backed and foreign-owned entities. The pack has long been led by the majority state-owned Ghana Commercial Bank (GCB), which benefits from a number of advantages that help underpin its position, though mergers and...

In the past year Ghana has hosted two pilot programmes that have turned mobile phones into new distribution channels for microinsurance policies. Two carriers launched these services in conjunction with partners from the insurance sector in early 2011, and they are now being introduced in other countries on the continent. The demand has proved that...