Ghana

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As Ghana’s tourism sector has grown, there has been a widespread feeling that one of the biggest challenges it faces is human resources. The authorities are now working to address this by participating in international training programmes and developing a new tourism university to support the sector.

 

As well as establishing the Ghana Tourism Authority (GTA), Ghana’s Tourism Act granted the organisation significant new scope by setting up the Tourism Development Fund (TDF). The TDF does not replace state funding for tourism but substantially supplements it, and could provide a multiplier effect, with more revenues from tourism providing...

 

As Ghana’s economy has garnered increasing international attention over the past few years, so has its previously rather overlooked real estate sector. Foreign investors have come in to finance office blocks, malls and residential development, bringing muchneeded modern property onto an undersupplied market. While the economic slowdown in 2014...

 

Like many emerging markets with fast-growing populations, Ghana faces a housing shortage. It must tackle a crunch between a public sector with limited resources to provide social housing and a private sector that sees little profitably in such developments.

 

Growing year-on-year as a contributor to the economy, Ghana’s construction sector is increasingly dynamic and led by private sector participants. While parts of the real estate market have slowed in recent years, demand for low-cost housing remains as strong as ever. Government investment is a major driver of the sector’s momentum, with a...

 

Access to electricity supplies remains the biggest concern for industries in Ghana, according to those involved in the sector. “The major concern is energy supply. The impact of power outages is huge for businesses, and the inconsistencies in the load management schedule makes planning very difficult,” John Defor, a policy research officer at...

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