BUSINESS IN GHANA

Ghana is often touted as the Gateway to West Africa. This is due to the fact that the country is the only one in the sub region that has had a stable democracy for more than 30 years. With peaceful elections and successful change of governments.

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Ghana has all the requirements needed to establish a stable economy and grow businesses. However as is the case with most African countries, Ghana is still in the developmental phase of its growth.

Majority of Ghanaians are involved in small scale businesses which do not involve bulk investment, thus most of the big business establishment are mostly foreign owned or a joint venture between Ghanaians and foreign investors.

The Economy of Ghana has gone through tremendous changes over the years. The economy was previously centered around the Agricultural industry, mainly with the export of Cocoa, Timber and other Agricultural produce.


It then shifted to the Mining industry as Ghana has huge reserves of Gold, diamond, bauxite and other minerals. Just recently Ghana started producing crude oil, thus the economy has been highly diversified among these industries thus making it very stable.


Most big businesses in Ghana are private owned enterprises and there are a lot of successful foreign investors in Ghana as there is no government interference.

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The big Industry players in Ghana are as follows:

TELECOMINICATIONS

BANKING 

TRANSPORT 

MANUFACTURING INDUSTRIES 

GENERAL TRADING


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