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Long one of the fastest-growing and most dynamic parts of the economy, Ghana’s telecoms sector is undergoing a transition towards increased data activity. Rising costs in the 27.9m-person country have forced operators to raise tariffs and intensify their efforts to develop growing streams of revenue, particularly data-intensive services. As...

 

An open economy, growing use of technology, political stability and location make Ghana a favourable centre for ICT development. For some time the country was not fully capitalising on these qualities, but recently its reputation as a start-up centre has risen.

 

As operators have looked to diversify product offerings in recent years, they have shown increasing interest in mobile banking and mobile money. Mobile money has become a way in which technology can allow frontier markets to reduce development disparities and improve financial inclusion. The most successful illustration of this is the M-Pesa...

 

Economic development continues to drive Ghana’s need for expansion and renovation of transport infrastructure. While forecasts for economic growth have been reduced, the IMF still expected its economy to grow at a rate of 4.5% in 2016, compared to 3.9% in 2015. With ongoing offshore activities and an increasing number of construction projects...

 

Increasing efficiency at its ports is key for Ghana’s objective of becoming a regional trade hub. The country currently ranks 154th on the World Bank’s 2017 Doing Business index in the trading across borders category, compared to neighbouring Côte d’ Ivoire at 150th and Togo at 117th. It is estimated that the import clearance process in Ghana...

 

Private investment has been key to transportation infrastructure in Ghana for over a decade, but implementation of public-private partnerships (PPPs) and related legislation has been slow to materialise. In 2011 the World Bank reported Ghana faced an infrastructure deficit that required $1.5bn in investment per year over the next decade. Aware...

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