With the government’s stated ambition to build an airport in each of the country’s 10 regions and a renewed commitment to re-establish a national airline, Ghana is positioning itself to become a regional and global air traffic hub. In September 2015 the African Development Bank (AfDB) issued a $120m corporate loan to the Ghana Airports Company...
Many factors are increasing pressure on transport infrastructure in Ghana. The urbanisation rate is steadily increasing and is expected to reach 72% by 2035, according to the African Development Fund. The Ministry of Transport (MoT) also reports that the vehicle-to-population ratio grew from 50 vehicles per 1000 people in 2010 to 70 in 2015....
As Greater Accra expands, merging with the industrial port town of Tema, Ghana’s growing urban populations are increasingly experiencing the frustrations of mega-city traffic congestion. For example, the Motor Transport and Traffic Department recorded 2890 road accidents in the first quarter of 2017, compared to 2830 the same period of 2016. A...
How can Ghana maintain its competitiveness as a trans-shipment and transit destination?
With the urbanisation rate and the vehicle-to-population ratio increasing steadily, and exports on the rise, there is growing pressure on transport infrastructure in Ghana. These are indicators of increased economic opportunity, but they also contribute to congestion on the roads, at ports and in the air. The overall growth of the past decade has challenged the sector to keep pace, and...
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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