While Ghana fares relatively well in terms of basic telecoms indicators, private operators and public bodies are working to improve and expand coverage. However, the challenges involved in rolling out infrastructure for mobile networks are considerable, and range from difficulties in obtaining planning rights to high maintenance costs.
While Ghana’s IT sector is growing rapidly, and the government is emphasising its importance to the future health of the economy, it currently suffers from a shortage of qualified labour. As such, the government and the private sector are turning their attention to human resources development.
The push for financial inclusion is continuing apace in Ghana with plans for the implementation of mobile money interoperability. Financial inclusion has been growing healthily in the country, thanks largely to the success of its mobile money system. In 2011 just 29% of the population was banked. By 2014 the figure had reached 41%, according...
Ghana was one of the first countries in Africa to liberalise and deregulate its telecoms industry. The sector is well established, and has a high penetration rate in voice and data services, bringing a range of content to consumers and posting steady growth. Both private operators and public bodies are pushing forward on geographic coverage and network expansion, while service improvement has...
Since assuming power in January 2017 the administration of President Nana Akufo-Addo has moved to rein in fiscal spending, industrialise rural regions and improve the business environment in order to jump-start economic growth. The government has brought down the fiscal deficit and freed up capital spending for priority projects, and Ghana’s economic prospects appear strong for 2018.
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