Banks may also provide financial services, such as wealth management. Business opportunities for renewable energy in ghana march. This report provides an assessment of the developments in. Real estate is one of the safest investments in the world.
When you purchase an ownership investment, that asset is yours and is expected to increase in value. Central government agency responsible for the monitoring, promotion and facilitation of investments in all sectors of the economy with the exception of the. Mapping current incentives and investment in ghanas. The hospitality sector thrives on the natural human urge for adventure. No offer to make an investment will be made prior to receipt by a potential investor of these documents and the completion of all the appropriate documents. The landscape for impact investing in west africa is the third in a series of regional market landscaping studies published by the global impact investing network giin that seek to address the lack of data available on impact investing. Ghanas oil boom has proven to be a great additive to one of africas most active small and medium enterprise sme economies. Joseph 2015 chinese investment in ghana, using the investment development path idp theory introduced by dunning in. There are three key opportunities to support smallholders.
Ghana investment promotion centre gipc coordinates and monitors all investment activities and assists domestic and foreign investors. The ghanaian government has created a conducive environment for business by putting the following in place. A paper presented at the conference on foreign direct investment and the environment 7 8 february 2002, oecd, paris france by george b. Investment companies in ghana list of investment companies. Ghana s economy has been divided into eight 8 main according to the groups ghana investment promotion centre in the aspects of allocating foreign direct investment inflows from the sources of both direct and indirect injecting of money by the various foreign investing. Seven successful elections have strengthened the effectiveness of key national institutions, enhanced investor confidence and anchored the economy in an environment for positive growth. Doing business and investing in ghana 2018 is published by pricewaterhousecoopers pwc ghana. Promoting investments in and outside ghana through effective promotion collecting, collating, analysing and disseminating information about investment opportunities and sources of investment capital, and advising on the availability, choice or suitability of partners in jointventure projects. Its mission is to conduct highquality, independent research and, based on that research. For these reasons, ghana has become increasingly attractive to foreign investors. The sale of anything whatsoever in a market, petty trading, hawking or selling from a kiosk at any. Ghanas market offers you much more than a high roi. Managing ghanas export trade for economic development.
Ghana s economy is also expected to pick up pace in the medium term, expanding above 5% again in 2016, thanks to rising oil and gas revenues as new fields come onstream, industrial growth, and increasing public and private investment. Ghana is eligible for most dutch trade promotion instruments, which enhances opportunities for doing business with ghana. The literature used excluded long essays and thesis as well as working papers that have not been published in a journal. The sale of anything whatsoever in a market, petty trading, hawking or selling from a kiosk at any place. Senior country officer at world bank jobs in ghana xy. How to invest in ghana real estate is a question both ghanaian and foreign investors have to grapple with. Although there are a number of waste management companies in ghana as of present, the country is still battling with more burden of filth than these companies can handle. Therefore, since the continuous expansion of investment in ghana demonstrates to be favorable and beneficial to investors, the need of other factors to. To worsen matters, many ghanaians are still in the habit of throwing refuse into drainages. The growing middle class, business people, foreign expatriates and ghanaian. We know that tourism can be a leading indicator to business and investment. Ghana seizing new agribusiness opportunities denise wolter ghana has a twospeed agricultural sector.
Promoting investments in and outside ghana through effective promotion collecting, collating, analysing and disseminating information about investment opportunities and sources of investment. Millennium development authority investment opportunity in ghana maize, soya and rice 4th floor, heritage tower 6th avenue, ridge west, pmb 56, stadium post office phone. Or as we have listed to be the top six investment tools to use in ghana. Ghana was the first subsahara country to gain independence 1957.
Changing global markets are likely to continue to be a prime source of additional demand for goods produced and processed in northern ghana. Ghana investment promotion centre 9 ghana is richly endowed with human and natural resources. Here are five opportunity for investment in ghanas hospitality industry. The ghana investment promotion centre gipc is a government agency established under act 865 to promote, coordinate, and facilitate investment in the ghanaian economy. Ghana shared growth and development agenda i gsgda, 201020 outlined that agroprocessing is to expected to lead the growth and structural transformation of the economy. Page5% investment opportunities % there%are%wide% opportunities %for%private% investment %inthe%energy%sector%inthe%form%of%ipps%and%under%fits. Ghana investment act schedule section 18 enterprises wholly reserved for ghanaians 1. New market opportunities in ghana oxford business group.
The authority is the national trade promotion organisation that facilitates ghanas trade in nontraditional exports. Investment opportunities ghana investment promotion centre. Entrepreneurs guide to investment in ghana makeit initiative. As a body corporate wholly owned by the republic of ghana and established pursuant to the ghana infrastructure investment fund act, 2014, act 877, the act the funds mandate is to mobilize, manage, coordinate and provide financial resources for investment. Investment opportunity in ghana maize, soya and rice.
Determinants and effects of foreign direct investment in. The ghanaian investment guide was created on behalf of the. Presentation investment opportunities in ghana compatibility. A business guide for africas fastestgrowing economy. Hello jonathan, yes indeed ghana is open for business and there are many excellent investment opportunities in agriculture, tourism, manufacturing, education etc. The ghana investment promotion centre gipc is a government agency reestablished in 1994 under act 478 to promote, coordinate and facilitate investment in the ghanaian economy. Developing agricultural investment opportunities in northern. Find the list of top investment companies in ghana on our business directory. The profile analyses the business environment in ghana and the market potential for the provision of. Samuel and nubuor 20 a research on chinese investment in ghana, stating that paris club of donors and the international financial institutions do exert political pressure on african government.
If you are looking for a local business partner or jointventure or agent kindly fill the form above and well expedite action on your application. As business and investment opportunities in africa attract more global players to the continent, the size, scale and sophistication of apartment hotels on offer will very likely evolve as this interesting niche of the real estate sector goes mainstream. A private financial institution licensed to receive deposits and make loans. Investment opportunities in senegal senegal is a competitive country the objective is for senegal to become a centre of initiatives in africa, especially in the economic community of west african states. While the rest of the world has been improving technology, ghana has been improving the quality of mans humanity to a man. Ghana export promotion authority gepa was established by act 396 in 1969 with the mandate to develop and promote ghanaian exports. Whether you are looking for leads, researching companies or industries, or searching for investment opportunities in ghana, we offer a range of options to cater for information verification and due diligence in the country. A nonghanaian may undertake this service provided he has a minimum fleet of ten new vehicles. The following list some of the ownership investment types in ghana. The kumasi city investment promotion unit kumasi metropolitan assembly, p. Global expo botswana geb is a premier business to business exposition to attract foreign direct investment fdi, expand of domestic investment, promote exports of locally produced goods and services and promote trade between botswana and other countries. Ifc is recruiting a senior country officer who will promote and coordinate ifcs investment and advisory activities in ghana. Investment opportunities in botswana by bitc go botswana. Top six investment opportunities to use in ghana meqasa blog.
In as much as we have endeavoured to take reasonable care in compiling this publication, which presents the position of ghana in respect of the geographic facts, economic performance, economic sectors, investment. The inflow of foreign direct investment from foreign investing countries and in dividual investors into ghana s economy has being playing a major role in the development and wellbeing of the nations citizens and expatriates. The growth of various types of tourism has created opportunities for investing in tourist handling services including. When you need to depend on investment data, you can depend on iig for complete and actionable business intelligence. No information contained in this executive summary, or. These were the words of the late american poet and civil rights. Services and support these companies provide a nearly unlimited menu of supporting services to the oil and gas industry. Ghana investment promotion centre, which is a one stop shop for all investment enquiries and assistance an enabling policy environment and higher electricitygas tariffs provide increasing opportunities. This investment opportunity profile describes a ghanaian cedi ghs 4. Ghanaian citizens registration ghana high commission. Investment opportunities in the industry are in the areas of exploitation or production and industrial processes. We have endeavoured to take reasonable care in compiling this publication, which presents the position of ghana.
Jan 18, 2017 top 10 small business investment opportunities in ghana. Investment in developing countries comes with many restrictions from some foreign in vesting nations. Beyond tourism, this initiative supports one of the presidents key developmental agendas in ghana beyond aid. Abstract this paper uses a new, nationallyrepresentative household survey from ghana to analyze within a rigorous econometric framework how the receipt of internal remittances from within ghana and international remittances from african or other countries affects the marginal spending behavior of households on a broad range of consumption and investment goods, including food, education. Ghana infrastructure investment fund investment policy. Invest in ghana over the last two decades, ghana has enjoyed increasingly stable and deepening democratic governance. Investment advisory services joint venture facilitation identification of specific projects for investment. Invest in ghana a stable springboard into west africa deloitte. In 2019, the events planned throughout the year will serve as a launch pad for a consistent boost in tourism for ghana in the near and distant years. A rural education project in ghana, seeks startup investment, in order to better the basic education of the children in africa.
Opportunity for investment in ghanas hospitality industry. Figure 15 ghana s top five exporting goods sectors to china in 2017, by percentage extractive industries excluded 22 figure 16 ghana s top three exporting commercial services sectors to the world in 2016. The brookings institution is a nonprofit organization devoted to independent research and policy solutions. Fishprocessing expansion in rubber production with rising world. Mapping current incentives and investment in ghanas agriculture sector 7. The role requires close interaction at a high level with the private sector, government, and international development organizations, as well as key counterparts in the world bank group wbg to develop new business and. From evidence to action small and mediumsized enterprises are engines of growth and job creation in developing countries, particularly in ghana today. The latter include mineral wealth, extensive forests resources, and sizable supply of viable land suitable for crop and livestock production, marine and freshwater fish stock and a good potential for hydro. This is likely to be matched, and perhaps exceeded, by domestic investment, not least. Wider working paper 20179 the agroprocessing industry and its potential for structural transformation of the ghanaian economy nkechi s. Other investment opportunities huge investment opportunities in cocoa processing the leading product sector in ghana. This investment is for those seeking a passive income stream, but who can take on more risk than those investing in other traditional income generators, like investment grade bonds and annuities.
Company registration and profile report in ghana investment. In the early 1990s, after a long period of military rule, ghana became a democratic state. Ghana investment promotion centre the ghana investment promotion centre gipc is a government agency re. Identification of specific projects for investment promotion. Invest in cote divoire a business guide for africas fastest. Ghana is a country that is fast growing with lots of natural resources that include real estate, oil, and gas. Arbitration in ghana the alternative dispute resolution act 2010 by kwadwo sarkodie ghanas abundant growth potential1 is expected to attract and promote substantial levels of foreign investment over the coming years. Promotional materials ghana investment promotion centre gipc. Through ghana s membership in the economic community of west african countries ecowas, kumasi potentially serves an even larger market of over 250 million people. A closer look at some of sectors in ghana that offer the best investment opportunities. E the itc competitiveness grid, used in this report, shows that enterprise performance depends not only on firm competitiveness but also on external. This publication is intended to provide a quick overview of the business environment in ghana.
Invest in ghana ghana investment promotion centre gipc. Several foreignowned development companies have made their way into the country to take part in the real estate scramble. Emphasis on investment promotion has been a major objective of the industry with a shift to a comprehensive vision that facilitates greater exploitation of ghana s industrial minerals. With some 5 million inhabitants 4,780,380 according to the 2010 national census, the ashanti region is the most populous region in ghana. Our 2018 doing business and investing in g hana publication is intended to provide a quick overview of the business environment in ghana. Africas healthcare scene is brimming with interesting problems. Ghanas dfs market offers many opportunities for scaling up. Wider working paper 20179 the agroprocessing industry. Ghana s oil boom has proven to be a great additive to one of africa s most active small and medium enterprise sme economies. Accra, july 9, 2007 gna the registrargenerals department rgd on monday advised the public that the acquisition of the common seal does not form part of the requirements needed when registering a business or a company in ghana as contained in 1963, act 179 of the companies code. Business opportunities for water and sanitation in ghana. Seven successful elections have strengthened the effectiveness of key. Its reputation as one of the continents most stable democracies almost seems like an added bonus.