Legal Framework
From The Report: Ghana 2014
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OBG introduces the reader to the different aspects of the legal system in Ghana, in partnership with AB & David. This section includes a viewpoint from David Ofosu-Dorte, Senior Partner, AB & David, on attracting private capital to fund public sector projects.

Articles from this Chapter

Overview

The framework for investment in Ghana
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The country of Ghana is currently governed by the 1992 Republican Constitution of Ghana, which was approved by referendum and established the country’s multi-party democratic system. As this is Ghana’s fourth republican constitution since it gained independence in 1957, the period since it was passed is described as the country’s “Fourth Republic”. The Legal System Ghana operates a legal system premised on English common law, with the laws of Ghana comprising: • The constitution; • Statutes enacted by Parliament; • Orders, rules and regulations made by any person or authority under a power conferred by the constitution; •…

Viewpoint

David Ofosu-Dorte, Senior Partner, AB & David, on attracting private capital to fund public sector projects
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Over the past 10 years, the government has been pursuing policies aimed at encouraging the private sector to invest resources to provide an accelerated delivery of public infrastructure and services. The government admits it lacks the resources to bridge the gap and needs the private sector to play a major role. Accordingly, in 2011 the government adopted the National Policy on Public-Private Partnership (PPP), pending the passage of a draft PPP bill, defining it as “a contractual arrangement between…

Analysis

Analysing the potential impact of Ghana’s emerging local content laws
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There has been a lot of talk about whether Ghana optimally benefits from the exploitation of its natural resources. The recent oil discovery heightened this debate, with many pointing to Norway as the model Ghana should emulate. The Extractive Industries Transparency Initiative and disturbances in Nigeria’s oilrich Niger Delta have also contributed to interest in the subject. Indeed, when Nigeria passed a local content law after over 50 years of exploiting its hydrocarbons resources, it was obvious…