Interview:Kwaku Ofori Asiamah How would you assess Ghana’s potential as a major aviation centre within the subregion? KWAKU OFORI ASIAMAH: The recent expansion of Tamale Airport, the ongoing expansion of Kumasi Airport, and supporting infrastructure such as new terminal buildings and runway extensions have created significant growth opportunities in the sector, which could help Ghana become…
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…
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…
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…
The transport and infrastructure sector has seen significant development over recent years across all segments. Upgrades of airport runways and construction of new terminals have strategically positioned both core and regional airports to accept further international traffic. Road and port modernisation projects are projected to facilitate an increase in the import and export of goods, while landmark…
The transport and infrastructure sector has seen significant development in recent years across all segments, as witnessed in the upgrades made to airport runways and the building of new terminals, as well as port and road modernisation projects. Spending on rail infrastructure is expected to boost freight and passenger capacity for domestic journeys and improve connectivity to neighbouring countries.…
Despite the impact of the Covid-19 pandemic and other external shocks, Ghana’s GDP growth is expected to moderate in 2024 and 2025 thanks to the proactive measures undertaken by the government. One example of such initiatives is the Domestic Debt Exchange Programme, which has helped stabilise the local economy and provide greater fiscal stability. In 2023 the country was the continent’s leadin
− Aviation’s post-pandemic recovery buoyed by a surge in tourism − Emerging markets launch new airlines to boost status as global aviation centres − Historic aircraft deals signal return of investor confidence to sector − New emissions regulations present opportunities for sustainable fuel production With global aviation passenger numbers rebounding, emerging markets…
Interview:Miishe Addy What effect did the Covid-19 pandemic have on trade in Africa, and what trends have emerged since the early months of the health crisis? MIISHE ADDY: During the early months of the pandemic there was a spike in the sale of personal hygiene products and personal protective equipment. Even so, there was a decline in containerised trade volume in 2020. For players in logistics,…
As environmental concerns become increasingly pressing for governments and businesses, the shipping industry is taking steps to reduce its carbon footprint. As part of global sustainability trends, companies around the world are shifting to more environmentally friendly processes in their operations and investment programmes. Shipping firms are no different, and many are working to lower their carbon…
