There were 914 results found for Africa and Industry

There were 914 results found.

Analysis

Electric vehicle demand to drive mineral extraction for batteries
OBG
plus

Emerging markets are taking steps to position themselves in the global value chain for EVs, with several recent projects focused on the decentralised production of batteries for electric vehicles (EVs). At the same time, however, these industrial developments highlight the carbon-intensive nature of extracting the materials needed to produce EVs, though hopes remain that the process can be further…

Analysis

How Ghana can apply new technology to boost extractives
OBG
plus

Ghana is increasingly employing geospatial technologies such as drones and other intelligent technologies in its mining sector. These technologies can streamline operational processes and reduces costs, while also enhancing efficiency and safety. Data analytics processes a wealth of generated data, enabling predictive maintenance and real-time monitoring for informed decision-making. Although many…

Analysis

Ghana's informal retail segment occupies important economic role
OBG
plus

The informal sector plays a pivotal role in sub-Saharan Africa’s economy, and is a significant contributor to both GDP and jobs. It is also the main source of employment for key demographics such as women, who outnumber men in the labour force: a report from the International Labour Organisation found that the informal employment rate in the non-agriculture sector was 63.6% for women in 2019. As…

Overview

Ghanaian retail benefitting from rising disposable income and expansion in e-commerce
OBG
plus

Ghana’s retail sector is navigating various challenges to reach its considerable potential. The ongoing war in Ukraine, volatile commodity prices, a fiscal deficit, rising unemployment and stubborn inflation are among the global and domestic macroeconomic headwinds constraining Ghana’s real GDP growth, limiting household income and spending to basic necessities. Compounding the picture was the…

Overview

Ghana mining advantages include increased gold production and regulatory updates
OBG
plus

Mining is a key strategic industry for Ghana, and in 2022 the country was Africa’s largest gold producer and the 11th largest globally, generating an estimated 3.7m oz. Indeed, gold regularly accounts for nearly half of gross merchandise exports. Ghana also has commercially exploited deposits of manganese, bauxite and diamonds, with these being joined by new lithium project developments. The industry…

Overview

Ghana's sustainability targets drive renewable energy expansion
OBG
plus

The utilities sector is central to Ghana’s industrial and economic development, providing the necessary power to fuel day-to-day activities as well as future growth. The electricity segment delivers supply through a combination of hydropower, thermal and renewable power generation, with a view to meeting growing demand. In parallel, the water and sanitation segment focuses on providing access to…

Overview

Ghana's new ease-of-doing-business measures boost industrial capacity
OBG
plus

Ghana’s industrial strategy has been a reference point in the acceleration of Africa’s industrialisation drive in recent years. Since 2015 industrial subsectors such as manufacturing, and oil and gas have consistently attracted some of Ghana’s largest inflows of foreign direct investment (FDI). Indeed, the country has remained in the top-three FDI destinations in West Africa since 2006. The relative…

Chapter

The Report: Ghana 2024: Utilities
OBG
plus

The utilities sector is expected to experience robust growth over the coming decade alongside positive macroeconomic trends. In 2022 oil comprised one-third of the country’s energy supply, followed by biomass and natural gas, with hydropower and other renewables accounting for less than 6% in total. However, Ghana is aiming for renewable energy sources to account for 10% of its overall energy mix…

Chapter

The Report: Ghana 2024: Mining
OBG
plus

As Africa’s leading producer of gold, the mining sector accounts for a significant portion of the economy. The sector is also a major employer, as it is composed of large-scale mining outfits, and artisanal and small-scale operators. In 2023 the government began to implement reforms on raw materials exports to support in-country, higher-value processing and manufacturing. While the coming years are…

Chapter

The Report: Ghana 2024: Industry & Retail
OBG
plus

Since 2015 industrial subsectors have consistently attracted some of Ghana’s largest inflows of foreign direct investment (FDI), with the country among the top-three in West Africa in terms of FDI since 2006. A proactive industrial policy has helped overcome obstacles such as trade barriers and the availability of industrial land, and the country offers significant development potential to consolidate…

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There were 914 results found for Africa and Industry

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