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Overview

Public and private funding supports Ghana's aim of becoming a strategically important transport centre for West Africa
OBG
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Significant spending increases in Ghana have seen the country take vital steps to reduce the transport infrastructure backlog and establish itself as a regional logistics centre for West Africa. Several large-scale projects are under way to support industrial development through more efficient connectivity, while recent expansion and modernisation works at various air and seaports are aimed…

Overview

Growth in Ghana's ICT sector supported by expanding mobile money market and improved access to data
OBG
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Ghana has the second-highest data penetration rate in sub-Saharan Africa, the fastest-growing mobile money market on the continent and a burgeoning tech start-up scene. ICT therefore represents one of the most dynamic areas of its economy. Recognising the sector’s potential, the government has stepped up efforts to stimulate market activity and pave the way for the rollout of 4G and 5G technology.…

Overview

A combination of large-scale transport infrastructure investment and vehicle-sharing platforms boost urban mobility
OBG
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Around the globe the urban transport sector is experiencing rapid expansion, driven by economic growth and a global demographic shift towards urbanisation. Politicians, urban planners and private sector actors are working together to find new solutions for reducing congestion and increasing the speed and efficiency of urban transport systems. However, unless proactive steps are taken to plan…

Overview

Infrastructure development and public-private partnerships drive an increase in construction activity in Ghana
OBG
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Ghana’s construction sector is growing, led by the development of affordable housing and critical infrastructure such as roads, railways, ports, hospitals and schools. It has also been bolstered by a steadily growing economy, which has since 2017 outperformed the global economy. Expansion is expected to continue, with a GDP growth rate of 6.8% for 2020. Improvements in land registration and…

Overview

China’s implementation of a new trade network is energising the global construction industry
OBG
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From 206 BCE to 220 CE, China’s Han dynasty fostered a booming trade industry for silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the name given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system, fostering not only economic, but also cultural links…

Overview

Ghana is streamlining permit, land acquisition and registration processes to encourage real estate development
OBG
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There is significant potential in Ghana’s real estate sector as the government implements initiatives aimed at increasing the affordable housing stock and establishing a robust mortgage market. After continued expansion in excess of 3% per year in real terms between 2015 and 2017, a slowdown in 2018 reflected weaker demand across the residential, commercial and retail segments, according…

Overview

Rapid urbanisation and young, growing populations put pressure on emerging markets to solve housing deficits
OBG
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Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world. According to the UN, in 1950, 751m people lived in urban areas; however, by 2018 this number had risen…

Overview

Ghana seeks to transform its tourism offering to attract investment and increase visitor numbers
OBG
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Ghana’s tourism sector is playing an increasingly important role in the country’s development, contributing to both economic growth and job creation. The results of the World Economic Forum’s “Travel and Tourism Competitiveness Report 2019” indicate that Ghana has significant opportunity to build competitiveness through its history, culture and abundance of natural sites, raising…

Overview

Investment in education technology surges as markets around the world recognise its transformative potential
OBG
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In an era marked by profound technological disruption and intense global competition in new frontier industries, emerging markets are striving to improve and adapt their education systems to meet the demands of the modern economy and the needs of their citizens. As such, innovative solutions are being developed to address barriers within traditional education systems. Education technology (edtech)…

Overview

Ghana is increasingly incorporating digital solutions to improve the quality of its health care
OBG
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Progress has been made in expanding the coverage and treatment of infectious disease in Ghana. The rollout of public coverage has been central to these achievements, with the private sector also playing a pivotal role, both in terms of contracts with the government and through the operation of private facilities. A new generation of domestic start-ups has also begun to reshape the sector, utilising…