There is a new Ghana that is emerging with a sense of urgency and purpose. We have set our sights on becoming self-reliant and moving beyond aid, and we need you our investors as partners on this journey.
Africa is a promising continent for trade and investment, and Ghana is leading the way. With the African Continental Free Trade Area in place, Ghana is poised to be the gateway to the African market. We have world-class industries in ICT, manufacturing, mining, energy, agriculture, and financial services, and our aggressive industrialization drive is creating a business-friendly environment for entrepreneurs to thrive.
Ghana’s strategic location as the “Centre of the World” makes it a prime location for firms looking for quick access to the African market and beyond. Our policies are well-coordinated to ensure that entrepreneurs, both local and foreign, benefit from rewarding returns.
We were once leaders of sub-Saharan Africa’s political liberation, and now we are leading the economic transformation. Ghana is the beacon of the continent’s burgeoning economies, and there is no better time to invest in our limitless opportunities.
I invite you to explore and invest in Ghana, where you will be part of a nation on the rise, and an integral player in shaping Africa’s future.
Welcome to Ghana, where the possibilities are endless!
Welcome to Ghana, a dynamic and diverse nation located on the west coast of Africa. Home to over 32 million people, Ghana is a land of rich culture, abundant resources, and endless possibilities.
The nation’s natural wealth is widely recognized, and the country is a major producer of gold, cocoa, oil, and timber. In fact, Ghana is the second-largest cocoa producer in the world, and the largest gold producer in Africa. Additionally, the country has significant reserves of bauxite, manganese, and other minerals.
In addition to its rich resource wealth, Ghana is widely recognized as one of the most politically stable countries in Africa, with a democratic system that has remained consistent for over three decades. Its unwavering commitment to democratic values and principles continues to reinforce its position as a beacon of stability on the continent, attracting businesses and tourists seeking the safety and security it provides.
Ghana’s economy is one of the most diversified on the continent, with a strong agricultural sector, thriving manufacturing industry, and growing services sector. The government has also made significant efforts to promote tourism and attract foreign investment, which has resulted in a range of exciting opportunities for businesses and individuals looking to expand their horizons.
As the headquarters of the African Continental Free Trade Area, Ghana is ideally positioned to serve as a gateway to Africa’s rapidly growing market. The country’s strategic location, combined with recent economic reforms aimed at promoting private sector growth and foreign investment, make Ghana one of the most promising economies in sub-Saharan Africa.
Whether you’re looking to establish a new business venture or simply explore the vast array of investment opportunities available in Ghana, you’ll find a warm welcome in this vibrant and diverse West African nation. Come and discover the limitless opportunities that await you in Ghana – a land full of optimism, and fully open for business.
10 Reasons to Invest in Ghana
- Ghana has achieved a stable democracy and adherence to the rule of law since 1992, which has resulted in 30 years of uninterrupted democratic leadership.
- According to the 2022 Global Peace Index, Ghana is ranked as the most peaceful country in West Africa and the second most peaceful in Africa
- With a GDP of USD 77.59 billion (according to the WBG), Ghana boasts the second largest economy in West Africa.
- In 2021, the country’s economic growth is estimated to have reached 4.1%, and it is projected to reach 5.5% in 2022.
- More than half of Ghana’s total population resides in urban centers, which is why the retail market is expected to grow to a value of US$35 billion.
- Ghana currently hosts the Secretariat of the African Continental Free Trade Area (AfCFTA), which is the largest trade bloc in the world in terms of participating countries, encompassing 55 countries and 1.3 billion people with a combined GDP of $3.4 trillion.
- Ghana is a member of the Economic Community of West African States (ECOWAS), one of the most important economic blocs in Africa, with a population of about 370 million and an estimated GDP of US$615 billion.
- Ghana’s geographical location places it closer to the center of the earth than any other country.With an average flying time of 8 hours to Europe and the Americas, Ghana is well-positioned for international trade and commerce.
- The country boasts a world-class international airport that has been recognized as the best in Africa for airport service quality. It has the capacity to serve between 2 and 5 million passengers.
- Ghana is home to the Tema Port, one of the largest seaports in West Africa, with a capacity to handle 3.5 million TEUs.
- Ghana is the leading producer of gold in Africa
- The country is the second-largest producer of cocoa in the worldwith an average production of 900,000 MT per anum
- Ghana is endowed with large commercial deposits of bauxite, iron ore, manganese, lithium, diamonds, and timber, among others.
- The country’s oil and gas reserves are also significant, with a daily oil production of over 189,000 barrels and 0.8 trillion cubic feet of natural gas.
- With 13.5 million hectares of arable land, Ghana has great potential for agricultural development and food production.
- Ghana has one of the highest literacy rates in West Africa, standing at 79% (WBG), which translates into the availability of a skilled and trainable workforce.
- The country offers one of the most competitive minimum wages in the West African sub-region at GHC 12.53/day
- Ghana has simplified the business registration process, making it easier for entrepreneurs & companies to start and operate a business.
- The country is the second-highest recipient of foreign direct investment (FDI) in West Africa, according to the World Investment Report 2022.
- Ghana is the second-most appealing destination for investments in Africa, according to the Deloitte 2022 Africa Investment Attractiveness Index.
- The tax environment in Ghana has improved, making it more attractive for businesses and investors.
- The country is undergoing significant reforms to digitalize its economy, which is expected to boost efficiency and productivity.
- The government has implemented significant changes to improve the ease of doing business and the investment climate, making Ghana an attractive destination for investment.
- Ghana offers tax exemptions on the importation of machinery and equipment for manufacturing.
- The country has established seven special economic zones, providing investors with various attractive incentives and benefits.
- Ghana offers a range of investment opportunities across different segments of the transport sector, including airport infrastructure, construction and upgrading of major highways and railways, and jetty construction for LPG and crude oil vessels.
- The country has a comprehensive agricultural investment program across different sub-sectors, including cocoa processing and value-addition for export, investment in the e-Agriculture Extension program, and aquaculture.
- There are also opportunities for investment in housing and construction, manufacturing, and trade finance services.
- Ghana is also expanding its oil and gas exploration, processing, and marketing sectors, providing lucrative investment opportunities.