Between 1985 and 2016 industry contributed an average of about 19% to GDP, and in 2017 this increased, raising the sector’s contribution to around 25% of GDP. The country’s industrial offering is diverse and includes products in the automotive, electronics, textile, offshoring, pharmaceuticals, aerospace, chemicals and electronics segments. The sector will continue to play an integral role in...
Industry
Displaying 415 - 420 of 2337
Chapter | Industry & Retail from The Report: Morocco 2019
A number of key developments in the country are expected to support economic growth in the coming years. A rapidly improving business environment and infrastructural base, the gradual liberalisation of the local currency and increased investment into export-oriented industries are all set to raise living standards and drive the emergence of a large national middle class.
Articles & Analysis | The world gears up for the next industrial revolution from The Report: Ghana 2019
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...
Articles & Analysis | Online shopping continues to grow in emerging markets, despite challenges from The Report: Ghana 2019
E-commerce is now well established in developed markets, where the majority of adults make at least occasional purchases online. However, levels of activity on the whole remain relatively low in emerging countries, as these markets are restrained by a wide range of challenges, among them less-developed financial and logistical infrastructure...
Articles & Analysis | Ghanaian government provides incentives for building value-added processing facilities from The Report: Ghana 2019
One of the most ambitious elements of the government’s industrial development strategy is the One District, One Factory (1D1F) scheme that was launched in 2017. As its name suggests, the programme seeks to establish a factory in each of Ghana’s 254 districts. The initiative emphasises job creation, as well as leveraging the country’s existing...
Interviews & Viewpoints | Michael Okyere Baafi, Executive Secretary, Ghana Free Zones Authority: Interview from The Report: Ghana 2019
What factors have led to Ghana’s improved ranking in the World Bank’s ease of doing business index?