As the world’s second-largest producer of cocoa after neighbouring Côte d’Ivoire, Ghana watches its production levels and its position in the global market closely. The country’s smallholder farmers produce an estimated 20% of the world’s cocoa, and cocoa accounts for 8-12% of Ghana’s GDP and 40% of its foreign exchange earnings, according to...
Employing over half the national labour force, agriculture has long played a pivotal role in Ghana´s economy, and its key agriculture product, cocoa, is one of the top-three export commodities. After years of slower growth, the sector is poised for a revival, particularly given the strong government and private interest in advancing development through technological innovation. As long as...
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.
2017 proved a momentous year for the Kingdom of Saudi Arabia as the various strategies related to the country’s Vision 2030 and National Transformation Plan 2020 started to take shape.
As the Algerian state looks to tighten spending in the face of declining revenues resulting from the fall in oil prices, plans to curb the country’s import bill have become more pressing than ever. Imports have met with increased scrutiny, and in an attempt to promote local production, a rising number of goods are now subject to quota...
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