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
Misrata is playing a central role in the diversification of Libya's economy, focusing on the shipping, manufacturing, automotive, construction, ICT, health care and education sectors. With strategic ports like Tripoli, Benghazi and Misrata, the government aims to make the country an international trade hub through partnerships with private investors for port modernisation. Tax incentives and free
The railway system was established in 1912 during the Italian occupation of the country, but it has remained largely unused since 1965, with a total track length of just over 600 km. The government has been working on plans to revitalise the rail network since 1998. Following various construction projects over the years, progress was halted by the outbreak of conflict in 2011. Libya’s…
The Misurata Free Zone (MFZ), established by government decree in 2000, aims to promote the development of manufacturing, industry and entrepreneurship in the Misrata region, as part of efforts to diversify the broader national economy. As an independent entity operating under the Ministry of Economy, the MFZ seeks to optimise local potential and resources in the context of sustainable growth. Creating…
