Ghana Industry

Displaying 43 - 48 of 121

 

A defining characteristic of President Nana Akufo-Addo’s industrial policy is decentralisation. The new administration is hoping to drive economic growth and employment by encouraging the development of industry in every region of the country.

 

As the economy grew following the discovery of domestic oil in 2007, expectations of increased consumer spending soon followed. Ghana has much to offer retailers: by regional standards, it offers a relatively affluent consumer base in a stable environment; furthermore, the formal retail supply is limited, providing opportunities for growth....

 

What are the key competitive advantages of Ghana as a manufacturing base for West Africa?

 

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...

 

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...

 

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.

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