When the Diamond Cement plant in Aflao on Ghana’s eastern border was struck by lightning in April 2012, few could have predicted the extent of its impact on Ghana’s construction market. The nearly month-long shutdown that followed led to cement price increases of as much as 85% and industry layoffs by contractors struggling to cope. Although...
Despite its long and distinguished history, Ghana’s mining sector encountered a number of difficulties in the post-independence era and began to thrive only once liberalisation policies were passed in the mid-1980s. The Minerals and Mining Law of 1986 set the tone for renewed private investment, with generous terms set out for capital allowance and...
One of the chief obstacles to propelling progress in Ghana’s agricultural sector is land distribution. Obtaining proof of individual ownership is difficult and most lands are not owned by people but by groups or tribes, often with competing claims. The country lacks a proper registry, along with titles, which has often offered complications to...
Industrial activity in Ghana is supported through the work of a range of ministries, agencies and parastatal groups. Among these, two organisations have been designated as the leading promotional bodies: The Ghana Investment Promotion Centre is tasked with facilitating investment into industrial activity geared toward the domestic market, and the...
Though home to a diverse set of minerals, it has been the soaring price for gold amidst a weak global economy that has brought about significant increases in production, investment, exploration and revenues. However, minerals such as manganese, bauxite and diamonds are also being explored and excavated, and the country could once again rejoin the...
Renowned for its stability and rapid economic growth fuelled by exporting commodities and foreign direct investment, Ghana hopes to capitalise on its image as a well-managed and peaceful West African state to further develop its tourism industry. The sector is buoyed by an increasing number of business travellers and is continuing to diversify its...
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