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Analysis

Ghana's public-private partnerships key to sustainable construction
OBG
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The government has been actively promoting and facilitating private sector participation in infrastructure delivery, crucial for economic growth and development through revenue generation, affordable housing and employment. The private sector has been providing expertise, innovation and efficiency, greatly enhancing the speed and quality of infrastructure projects within Ghana. Therefore, partnerships…

Analysis

Ghana prioritising port infrastructure investment to boost trade
OBG
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Ports play a vital role in the global economy, operating as nodes for international trade and economic development. Ghana has an extensive coastline on the Gulf of Guinea and is a strategic centre of import and export for multiple landlocked neighbours to the north. As such, the country’s port infrastructure forms a significant part of its own and the broader region’s trade and commerce. Underscoring…

Analysis

Emerging markets target electric vehicle manufacturing
OBG
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With electric vehicles (EVs) set to become more accessible to drivers around the world – and solid growth trends attracting public and private investment – several emerging markets are looking to expand their EV manufacturing capacity. EV uptake is essential to the global energy transition, as transport remains the industry with the highest reliance on fossil fuels, producing more than a third…

Analysis

Global shipping adopting cleaner fuel sources to reduce emissions
OBG
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With fossil fuels still powering roughly 99% of global shipping, the sector is seeking to reduce emissions through cleaner fuel sources – including methanol, ammonia and wind – that could soon see increased use. Increased Investment In August 2022 Breakthrough Energy Ventures, a coalition of private investors founded by US tech entrepreneur Bill Gates, helped Danish start-up Blue World Technologies…

Analysis

Ghana's digital payments increasingly adopt artificial intelligence
OBG
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Internet penetration in Ghana has increased due to the ubiquity of mobile devices and the expansion of 4G coverage. The Western Corridor Fibre-optic Backbone project and other government initiatives have been instrumental in bridging the digital gap and enhancing connectivity. These efforts resulted in the digital transformation of numerous industries, including government, finance and agriculture,…

Analysis

Why transition bonds appeal to global industrial players
OBG
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As companies look to shift towards more environmentally sustainable operations, those in fossil fuel or heavy-polluting sectors are increasingly turning to transition bonds – a relatively new class of debt instrument used to fund a company’s s efforts to reduce its environmental impact or lower carbon emissions. They are often issued in large carbon-emitting industries that would not normally qualify…

Analysis

Ghana's digital games generate revenue for public projects and outreach
OBG
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Ghana’s national lottery plays an important role in the country’s economic and social development, with the establishment of a foundation to channel revenue earned from lottery activities into health care and education initiatives one example of the ways in which it has helped support domestic growth. A popular form of entertainment, the lottery industry has undergone significant transformations…

Analysis

Value-added manufacturing key to Ghana’s industrial evolution
OBG
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An export-focused growth strategy has long informed Ghana’s industrialisation agenda. The country’s economic infrastructure is key to this growth strategy, which comprises special economic zones (SEZs), export processing zones (EPZs) and industrial parks. This landscape facilitates the maximisation of limited capital outlay, the provision of a dedicated institutional framework, lower production…

Analysis

Countries developing aquaculture to support food security
OBG
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With per capita fish consumption having doubled in the past six decades, aquaculture is becoming increasingly important when it comes to combatting food insecurity. Recent innovations seek to improve sustainability and productivity while assuaging quality concerns. Venture capitalists invested $39bn in food tech start-ups in 2021, double the amount seen in 2020. While over half of this amount went…

Analysis

Ghana boosting agriculture production and increasing exports
OBG
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Ghana is the second-largest cocoa producer in the world after Côte d’Ivoire, accounting for a global market share of 20%. The crop, which grows primarily in the Ashanti, Brong-Ahafo, Eastern, Western, Western North and Western South regions, is cultivated by families, communities and cooperatives. The cocoa grown in Ghana is mostly processed for export, as the local market for finished cocoa products…