Ghana Industry Articles & Analysis

Chapter | Industry & Retail from The Report: Ghana 2019

Building on years of robust growth in the sector, Ghana has launched a multifaceted programme to increase its industrial capacity and output. This wave of new initiatives is designed to strengthen the investment environment and boost the value-added component of the country’s manufactured exports. In 2017 manufacturing contributed $6.1bn to GDP, some 12% of the total. Moreover, the combination of...

Ghana continues to be one of the most stable countries in sub-Saharan Africa and has developed substantially over the years. Now one of Africa’s fastest-growing economies, the country is starting to move away from traditional resource dependency. However, it faces the challenge of ensuring the widest benefit from that expansion, given its growing and increasingly urbanised population.

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Ghana is set to expand its research, development and innovation potential after US tech giant Google launched a dedicated artificial intelligence (AI) centre in Accra, the company’s first in Africa.

 

The combination of a buoyant economy and demographic shifts such as rapid population growth and rising urbanisation levels are driving new trends in the Ghanaian retail sector. International brands and mall developers are becoming increasingly present, and the scope for the expansion of modern retail is considerable, following a decade where...

 

E-commerce is now well established in developed markets, where the majority of adults make at least occasional purchases online. However, levels of activity on the whole remain relatively low in emerging countries, as these markets are restrained by a wide range of challenges, among them less-developed financial and logistical infrastructure...

 

What factors have led to Ghana’s improved ranking in the World Bank’s ease of doing business index?

 

Long famed for its vibrant traditional prints, the Ghanaian apparel industry has experienced volatility in recent years, with exports falling to a historic low in 2016. Nevertheless, as a result of government efforts to support the revitalisation of the segment and the take-off of a number of key firms, the segment appears to be on the road to...

 

One of the most ambitious elements of the government’s industrial development strategy is the One District, One Factory (1D1F) scheme that was launched in 2017. As its name suggests, the programme seeks to establish a factory in each of Ghana’s 254 districts. The initiative emphasises job creation, as well as leveraging the country’s existing...