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Drive to develop Ghana's electricity infrastructure ends period of unstable supply
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Ghana has one of the highest electrification rates in sub-Saharan Africa, with more than 70% of rural areas and 95% of urban dwellers having access to electricity. A recent drive to develop the country’s electricity infrastructure has brought to an end a period of unstable supply and raised installed generation capacity to 4780 MW as of the outset of 2019. However, this development brought…

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Higher commodity prices, growing global demand and government policy push up Ghana's mining production figures
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Rising commodity prices and the promise of vast untapped reserves have led to increased interest in Ghana’s mining sector. As production continues along an upward trajectory, government policy aims to leverage the country’s mineral wealth by building up its refining capacity, introducing new legal frameworks, and attracting private sector partners to support the development of infrastructure…

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Efficiency and safety in the mining industry catches up to other sectors with the help of digitalisation
OBG
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Companies in the mining sector have traditionally been slow to adopt new technologies due to the scale and complexity of their operations, as well as the hefty costs that come with change. The uptake of digital tools and solutions has consequently been limited. However, challenging market conditions – driven by weak global demand for certain minerals and persistent excess capacity – are…

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Investment in irrigation and technology supports Ghana's agriculture sector
OBG
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Over the last decade the relative size of the agriculture sector in Ghana, as measured by its contribution to overall economic output, has more than halved, amounting to 15.3% of nominal GDP as of the second quarter of 2019, down from 31.8% in 2009. Nonetheless, the sector retains its strategic importance as a major employer, comprising 44.7% of the labour force. Varying estimates put the percentage…

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Public and private actors tackle water scarcity in the agriculture sector through policy reform, technology adoption and infrastructure investment
OBG
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Global food demand is expected to increase by anywhere between 59% to 98% by 2050. However, global freshwater resources are already overstretched due to climate change and soaring population growth, and it is unclear how agricultural production will keep pace with these challenges. In recent years climate-induced water shortages in urban areas have brought water scarcity to the forefront of…

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Online shopping set to expand in emerging markets around the world
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While e-commerce has become well established in more developed markets, the segment has been slower to take off in emerging economies. Online purchasing has been held down in these markets by financing, purchasing and logistics challenges. Nevertheless, online sales are growing rapidly in many developing countries in spite of these obstacles. Some governments are changing frameworks to boost…

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Support for small and medium-sized enterprises increasingly recognised as key to sustainable growth globally
OBG
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Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of has been crucial to economic diversification and resilience, particularly in countries…

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Ghanaian government implements initiatives to boost local manufacturing and industrial development
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Ghana’s industrial sector has emerged as a significant driver of growth in recent years as the country leverages its abundant natural resources to diversify the economy and attract investment. Industrial development and import substitution underscore major projects and initiatives throughout the sector, and the government has simultaneously implemented business reforms and fiscal measures…

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The ever-expanding digital economy creates widespread ICT opportunities in the developing world
OBG
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More and more commercial transactions are moving online and the so-called digital economy continues to expand its reach into every facet of the traditional analogue economy. For businesses this means they have access to new channels to reach existing clients as well as new opportunities to expand market share with a competitive digital offering. For consumers the ever-expanding digital economy…

Overview

Daniel Asare-Kyei, CEO, Esoko; Curtis Vanderpuije, CEO, ExpressPay; and Daniel Marfo, General Manager, Zipline Ghana: Interview
OBG
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Interview: Daniel Asare-Kyei ; Curtis Vanderpuije ; and Daniel Marfo Which segments of the economy are most likely to benefit from emerging technologies? DANIEL MARFO: Technology could potentially revolutionise health care. This is urgently needed, especially in Ghana. Ghanaians have only recently embraced social media and mobile money. As a result, they have become more open to making technology…