What are the key competitive advantages of Ghana as a manufacturing base for West Africa?
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Articles & Analysis | Industrialisation and diversification efforts in Ghana target value-added exports from The Report: Ghana 2018
Industry is at the centre of government plans to transform the economy from one reliant on its resource base to one driven by value-added exports. The current administration – which, among other things, is seeking to establish a factory in every one of the country’s more than 200 districts – has discussed moving away from a dependence on cocoa...
Articles & Analysis | Ghanaian government to improves access to credit for industrial companies from The Report: Ghana 2018
The cost and availability of credit is one of the central problems facing Ghana’s industrial sector. Across various segments, a lack of funds and high interest rates have constrained growth for a number of years. However, while many challenges persist, the current administration has made improving the domestic borrowing environment a top...
Articles & Analysis | Economic improvements in Ghana increase competitiveness of industrial exports from The Report: Ghana 2018
After grappling with a range of macroeconomic headwinds in the past several years, Ghana is beginning to recover, experiencing an increase in commodity revenues, currency stabilisation and an improving fiscal situation. However, lingering effects continue to complicate the outlook for industrial producers.
Chapter | Industry & Retail from The Report: Ghana 2018
Industry is at the centre of government plans to transform the economy from one reliant on its resource base to one driven by value-added exports. The current administration has laid out a series of plans to achieve these goals and build strong value chains around key industries, announcing a number of policies designed to support the industrial agenda and expand production. The performance of...
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.