Wednesday, Aug 23, 2017
GHANA NEWS

Energy in Ghana

Tackling the ‘dumsor’ crisis


Ghana wants to lower its dependence on the Akosombo Dam on the Volta River, which contributes around 60 percent of the country’s energy supply (Credit: ZSM)

President Nana Akufo-Addo came to power in January with a number of important economic challenges to address – amongst them is Ghana’s power... Jun 29, 2017

Energy | Africa | Ghana


Banking in Ghana

Brighter times ahead for Ghana’s banks




The rapid deceleration of economic growth in Ghana in 2015 and 2016, mainly the result of the plunge in prices of gold, cocoa and oil, had a major impact... Jun 28, 2017

Finance | Africa | Ghana


New chapter for Ghana

Economy back on track


Nana Akufo-Addo, President of Ghana

Ghana celebrates the 60th anniversary of its independence in 2017, a year seen as the opening of a new era of sustainable socioeconomic growth under the... May 11, 2017

Government | Africa | Ghana


Agriculture In Africa

Soil wealth: Africa’s potential next growth frontier


Africa has 65% of all the arable land left in the world, which represents huge untapped potential, and around 75% of Africans rely on agriculture for their livelihoods

Despite possessing all of the attributes for agriculture, the African continent continues to spend in the region of $50 billion a year importing food Nov 24, 2015

Agriculture | Africa | Ghana | Ivory Coast | Uganda | Ethiopia


President John Dramani Mahama


H.E. John Dramani Mahama, President of Ghana

Having ascended to the Presidential office in June 2012, following the untimely death of his predecessor John Atta Mills, John Dramani Mahama was officially... Dec 23, 2014

Industry & Trade | Africa | Ghana


Infographic: Ghana’s principal economic indicators




Personal accounts give us a story, numbers tell the facts. These are the principal economic indicators for Ghana. Dec 17, 2014

Others | Africa | Ghana


Innovation and private sector financing are transforming agribusiness in Africa


Africa, with half the world´s agriculturally usable land and vast water resources, has the potential to become a world agricultural power.

Organic farming and ethanol from sugar cane are just some of the innovations that are helping to transform the agricultural sector across Africa. However,... Dec 07, 2014

Agriculture | Africa | Ghana | Uganda


The Power Africa Initiative: Lighting up the darkness


International banking groups, pension fund managers and private equity firms are also wellrepresented on the list of Power Africa’s investment partners.

U.S. President Barack Obama’s initiative aims to boost electricity capacity on the continent by 30,000 MW by 2030. Dec 06, 2014

Energy | Africa | Tanzania | Ethiopia | Kenya | Ghana


Africa's Electricity: Needs are being met with innovative new projects


Africa´s entire installed capacity for electricity generation of 147 GW (Gigawatts) is equivalent to that of Belgium and to what China installs every two years.

A satellite image of the world at night shows a brightly lit Europe covered with starry dots and in sharp contrast, a dark, unlit Africa. Nov 26, 2014

Energy | Africa | Ghana | Tanzania | Uganda


A standout for investors


Ghanaian President John Mahama made an official visit to No.10 Downing Street in June last year

High returns, political stability and a strict regulatory and legal framework make Ghana the standout destination for investment in West Africa Nov 14, 2014

Government | Africa | Ghana


Determined approach to macroeconomic stability


George Blankson, Commissioner General of the Ghana Revenue Authority

Ghana has not shied away from tough decisions to ensure its impressive growth trajectory is not derailed by internal and external shocks Nov 14, 2014

Finance | Africa | Ghana


Financial inclusion and SMEs set to soar


The banking industry is on a quest to bring financial services to the large unbanked population and burgeoning number of small and medium-sized enterprises

Financial and insurance activities are expanding at roughly twice the pace of the overall economy and just 30 per cent of the population are formally banked,... Nov 14, 2014

Finance | Africa | Ghana


Building for a lifetime, lasting through generations

Mr Ibrahim Bah
Managing Director of Regimanuel Gray Limited

In this interview with The Worldfolio, Ibrahim Bah, Managing Director of Regimanuel Gray... Aug 10, 2017


Diversifying and expanding geographically

Mr Alwan Hitti
Chairman of Hitti Group

In this interview with The Worldfolio, Alwan Hitti, Chairman of Hitti Group, discusses the... Aug 09, 2017


‘We see crisis as solid roots to success’

Mr Ghassan Yared
CEO of Forewin Group

In this interview with The Worldfolio, Ghassan Yared, CEO of Forewin Group, discusses the... Aug 08, 2017


Passionate about Africa

Mr. Alhassan Andani
Chief Executive of Stanbic Bank Ghana

In this interview with The Worldfolio, Mr. Alhassan Andani, Managing Director of Stanbic... Aug 07, 2017


Committed to Ghana’s growth

Mr. Henry Oroh
Managing Director of Zenith Bank Ghana

In this interview with The Worldfolio, Mr. Henry Oroh, Managing Director of Zenith Bank... Aug 04, 2017


Heavily investing in digitalisation

Mr. John Awuah
CEO of Universal Merchant Bank

In this interview with The Worldfolio, Mr. John Awuah, CEO of Universal Merchant Bank, discusses... Aug 02, 2017


Building a bank that can compete with the best in the world

Mr Anselm Ray Sowah
Managing Director of GCB Bank

In this interview with The Worldfolio, Mr. Anselm Ray Sowah, Managing Director of GCB Bank,... Aug 01, 2017


The foremost bank supporting SMEs

Mrs. Abiola Bawuah
Managing Director and CEO of UBA Bank Ghana

In this interview with The Worldfolio, Abiola Bawuah, Managing Director and CEO of UBA Bank... Aug 01, 2017


Great hope and potential for Ghana’s future

H.E. Jon Benjamin
Former UK High Commissioner to Ghana

In this interview with Upper Reach, Jon Benjamin, former UK High Commissioner to Ghana,... Jul 07, 2017


Boosting trade between UK and Ghana

Tony Burkson
CEO of the UK Ghana Chamber of Commerce (UKGCC)

In this interview with The Worldfolio, Tony Burkson, CEO of the UK Ghana Chamber of Commerce... Jul 03, 2017


‘Moving from up-front tax to back-room tax’

Mr. Emmanuel Kofi Nti
Commissioner General of Ghana Revenue Authority

In this interview with The Worldfolio, Emmanuel Kofi Nti, Commissioner General of the Ghana... Jun 28, 2017


Moving from hydro to a hybrid power generation system

Mr. Fred Oware
CEO of BUI Power Authority (BPA)

In this interview with Upper Reach, Fred Oware, CEO of Bui Power Authority, discusses the... Jun 24, 2017


Securing access to power

Hon. Boakye Agyarko
Minister of Energy

In this interview with The Worldfolio, Boakye Agyarko, Ghana´s Minister of Energy,... Jun 23, 2017


‘See Ghana, Eat Ghana, Wear Ghana’

Hon. Catherine Abelema Afeku
Minister for Tourism, Arts and Culture of Ghana

In this interview with The Worldfolio, Catherine Abelema Afeku, Ghana´s... Jun 23, 2017


Accelerating growth through a vibrant telecom sector

Hon. Ursula G. Owusu-Ekuful
Minister for Communications

In this interview with The Worldfolio, Ghana’s Minister of Communications, Ursula... Jun 22, 2017


‘Planting for Food and Jobs’

Hon. Dr. Owusu Afriyie Akoto
Minister for Food and Agriculture

In this interview with The Worldfolio, Dr. Owusu Afriyie Akoto, Ghana’s Minister of... Jun 22, 2017


GNPC sees its future as an independent operator

Alex Mould
CEO, Ghana National Petroleum Corporation

Ghana´s potential as an oil producer has been evident since the discovery of the offshore... Dec 17, 2014


Ghana Needs Large-scale Foreign Investment to Increase its Transmission Capacity

Mr. William Amuna
CEO of GRIDCo

Mr. William Amuna, CEO of GRIDCo, the national electricity transmission company, talked... Nov 26, 2014


Ghana’s foreign minister talks partnership

Honorable Hanna Tetteh
Minister of Foreign Affairs and Regional Integration

The PM Communications team interviewed Honorable Hanna Tetteh, and asked her about Ghana’s... Oct 27, 2014


“Ghana is a fantastic country with a future”

Sir Samuel Esson Jonah
Executive Chairman of Jonah Capital

The PM Communications team met with Sir Samuel Esson Jonah, Executive Chairman of Jonah Capital.... Sep 19, 2014


GRIDCo: Ghana’s backbone to power delivery

Ing. William Amuna
CEO of GRIDCo

The PM Communications team interviewed Ing. William Amuna, CEO of GRIDCo, and asked him about... Sep 18, 2014



LOCATION:

Western Africa, bordering the Gulf of Guinea, between Cote d'Ivoire and Togo



CAPITAL:

Accra



AREA:

total: 238,533 sq km

country comparison to the world: 82

land: 227,533 sq km

water: 11,000 sq km



GDP (official exchange rate):

$42.76 billion (2015 est.)

GDP - real growth rate:

3.3% (2016 est.)



GDP - composition by sector:

agriculture: 19.5%

industry: 24%

services: 56.4% (2016 est.)



AGRICULTURE - products:

cocoa, rice, cassava (manioc, tapioca), peanuts, corn, shea nuts, bananas; timber



INDUSTRIES:

mining, lumbering, light manufacturing, aluminum smelting, food processing, cement, small commercial ship building, petroleum



EXPORTS:

$10.25 billion (2016 est.)

$10.36 billion (2015 est.)

country comparison to the world: 87



EXPORTS - commodities:

oil, gold, cocoa, timber, tuna, bauxite, aluminum, manganese ore, diamonds, horticultural products



EXPORTS - partners:

India 25.2%, Switzerland 12.2%, China 10.6%, France 5.7% (2015)



IMPORTS:

$13.73 billion (2016 est.)

$13.47 billion (2015 est.)

country comparison to the world: 87



IMPORTS - commodities:

capital equipment, refined petroleum, foodstuffs

Imports - partners:

China 32.6%, Nigeria 14%, Netherlands 5.5%, US 5.4% (2015)



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OUTSTANDING COMPANIES

Ghana Grid Company (GRIDCo)

BACKGROUND GRIDCo was established in accordance...

Ghana Ports and Harbours Authourity (GPHA)

Sailing Strongly Into The Future THE PORTS OF GHANA...

Fueltrade Ltd

FuelTrade is a limited liability company incorporated...

Ghana Investment Promotion Centre (GIPC)

Objectives & Functions The GIPC co-ordinates...




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