In spite of its reputation as a safe, friendly destination – along with strong links to the diaspora and a wide range of cultural, natural and historical sites – Ghana’s tourism sector has yet to reach its potential, prompting the country to embark on an ambitious strategy aimed at increasing visitor numbers five-fold over the next 12 years....
What are the biggest challenges to achieving the goal of attracting 5m tourists by 2027?
As Ghana’s tourism sector has grown, there has been a widespread feeling that one of the biggest challenges it faces is human resources. The authorities are now working to address this by participating in international training programmes and developing a new tourism university to support the sector.
As well as establishing the Ghana Tourism Authority (GTA), Ghana’s Tourism Act granted the organisation significant new scope by setting up the Tourism Development Fund (TDF). The TDF does not replace state funding for tourism but substantially supplements it, and could provide a multiplier effect, with more revenues from tourism providing...
As Ghana’s economy has garnered increasing international attention over the past few years, so has its previously rather overlooked real estate sector. Foreign investors have come in to finance office blocks, malls and residential development, bringing muchneeded modern property onto an undersupplied market. While the economic slowdown in 2014...
Like many emerging markets with fast-growing populations, Ghana faces a housing shortage. It must tackle a crunch between a public sector with limited resources to provide social housing and a private sector that sees little profitably in such developments.
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