Known as the Gold Coast during British colonial rule, Ghana has been a significant source of the precious metal. In 2017, however, gold mining was overshadowed by news of a major investment agreement intended to develop the country’s substantial bauxite reserves.
With mining activities in place for more than 120 years, Ghana is the most explored country in West Africa. Given that its mountains and forests have been well trodden by geologists, it is unsurprising that greenfield investment has been modest in recent years. This is in contrast with the success of Ghana’s neighbouring countries, which are...
For more than 150 years the mining industry has been one of the key pillars of the Ghanaian economy. While it contributes a modest and – as a result of rising oil, gas and agricultural production – declining proportion of GDP, it remains a major source of government revenue, through taxation and royalty payments, and an indispensable driver of...
For more than 150 years the mining industry has been one of the key pillars of the Ghanaian economy. While it contributes a modest and – as a result of rising oil, gas and agricultural production – declining proportion of GDP, it remains a major source of government revenue, through taxation and royalty payments, and an indispensable driver of employment and infrastructure development....
Ghana’s wealth and potential of hydrocarbons resources have helped it leverage a spike in headline GDP growth and inbound investment. However, in recent years the economy has suffered alongside other oil-producing nations, as global prices have declined in tandem with reduced demand. With continued exploration and new projects coming on-line, the country has its eyes on increased oil...
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