GHANAGHANA
General information
Full name: The Republic of Ghana
Capital: Accra
Population: 33 mln.
Surface: 238 533 km2
Official language: English
Other languages: Akan, Ewe, Hausa and others.
Currency: Ghanaian cedi (GHS)
Ghana is one of the safest, most stable and most democratic countries of Africa. Its economy, as opposed to many other countries of this region, is based mainly on the services sector. What is important, consumption capacity of the middle class is of great significance. Main products of export are oil, gold and cocoa. As member of the Economic Community of West African States (ECOWAS) with access to the sea, Ghana can serve as an export hub to many countries of this territory. Country’s Industry is tied to the oil sector (e.g. production of basic plastic products). Electricity of Ghana comes mainly from the hydroelectric power stations, however supplies of electricity are still very unstable, thus many investment possibilities exist in sector of renewable energy sources. The main economic goals of the government include development of agriculture, local processing, packaging and energy sector, increase in local production and development of the tourism sector.
Various possibilities lay in the following areas:
- agricultural, processing and building machinery
- packaging
- irrigation systems
- financial services (aimed mainly at the oil and gas sector)
- renovation of 1300km of railways
- property development (residential, industrial and commercial)
- water treatment
- renewable energy
- recycling
- tourism and hospitality
- ICT
- other