Grâce à une réserve de projets ambitieux visant à favoriser la croissance dans différents secteurs de l’économie, le Gabon est parvenu à tenir le cap face aux faibles prix du pétrole enregistrés sur une longue période en 2016 et entend mettre en œuvre, au cours des 12 prochains mois, de vastes réformes afin d’appuyer ses efforts de diversification économique.
Which sectors of Ghana’s economy offer the greatest opportunities for foreign investors?
Like many sub-Saharan African countries, Ghana faces the challenge of formalising a very substantial informal sector that operates primarily outside of the government’s purview. According to the Ghana Statistical Service (GSS), 46.1% of the labour force was employed in the agriculture sector in 2013. Outside of agriculture, 77.7% of the labour...
While currencies across Africa slid against the dollar over 2015, the cedi was among the worst performing, falling by 19.6%. After a volatile summer, Ghana’s currency began to stabilise in the third quarter of 2015, ending the year at GHS3.82:$1. This held through the first half of 2016, with the cedi trading in the range of 3.78-4.06 to the...
As part of the three-year fiscal consolidation programme with the IMF that began in 2015, Ghana is looking to accomplish three overarching goals: ensure macroeconomic stability and debt sustainability; promote growth, development and job creation; and maintain social spending to protect the vulnerable. To meet these goals, the Ministry of...
For several years Ghana was one of the leading lights of the “Africa rising” narrative, with double-digit growth rates that ranked at one point among the highest in the world. The discovery of oil, bumper crops of cocoa and an influx of new investment sustained a robust expansion of GDP.
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