Ghana is located in the tip of Africa continent, and has a very strong and fast growing economy that mainly comes from manufacturing, telecommunications, wholesale, retail, tourism, etc.
With this level of growth and stability in its economy and government, there is no doubt that Ghana is a good haven for prospective capitalist investors.
For the purpose of getting yourself familiar with their economy and making a choice of starting a business therein, this article will unleash top 8 reasons you should invest in Ghana.
1. Ghana’s GDP Is Strong And Stable
The Gross Domestic product (GDP) of Ghana alone
can drive serious traffic of investors to its economy.
The nation’s is very strong
and stable compared to other Africa countries in terms of
infrastructural development and technological
2. There Is Stability Of Power Supply
For most existing investors and incoming ones, especially
in the manufacturing industry and service market, you can
be rest assured of stable supply of electricity in Ghana.
Unlike other developing African countries, whose
electricity supply is still very epileptic and unstable, the
story of Ghana is different.
Which means, Ghana is ready to take care of its emerging
industrialized and revolutionized economy.
3. They Have Sound Economic Policy
The government of Ghana has steady and stable
policies on ground, which is enough to boost the emerging
economy of South Africa on or before the year 2050.
The government implemented many plans of action through
its National Development Plan framework, which focuses
on government efforts on a set of manageable programs to
grow its economy, tackle unemployment issues, and
ultimately reduce poverty to the barest minimum in the
4. Secured Atmosphere With Less Violence
Due to stability in governance, economy, and less political
imbroglio recorded in Ghana in more conducive
business environment than other African and Middle East
The environment is doing everything to
make the country very secure for people who have put in
their capital in there.
What a business (especially the large scale) needs is the
promise of security offered by the Ghana
And that is the only way an investor can
actually generate good revenue and impact positively into
5. They Have The Emerging Market
As Ghana is growing, so is her market. With the level
of fast growth happening in that country, there is no doubt
that it is Africa’s largest emerging market.
of Ghana becoming a point of reference for the rest of
African countries is very high.
The country is moving out of
its previous low key position and apartheid state, where
there is little freedom for free trade (both internal and
external), which will enhance rapid growth in its economy.
6. Industrialization And Cutting-Edge
Ghana has reached an age of industrialization, and
needs people to help her grow to meet the target set for its
Ghana is creating an enabling environment for rapid
industrialization and capitalization.
With the quest for cutting edge technologies, experts like
Microsoft, Dell, HP, Samsung, and other leading
corporations are helping to develop Ghana IT
industry, helping the level of her industrialization to rise.
7. To Ease The Issue Of Unemployment
The rate of unemployment in most under industrialized
economies around the world is fearsome.
For this reason,
many economic reforms have been in process by different
countries with various techniques, which also includes the
International labor organization efforts in curbing the issue
of unemployment in the world’s employable work force.
8. Diversification Of Economy
In order to meet up with the vision 20, in year 2020 by UN,
and to become one of the greatest economy by the year
2050, it is expedient for Ghana to diversify its means
of GDP and create another means of boosting its economy.
Apart from the internally generated revenue from diamond
and platinum, which are the major mineral resources in the
country, it must diversify in its investment strategies, so as
to meet her target market demands come the next few
decades, and beat competitors.
Investors can take this opportunity to carry out feasibility
studies on where to affect the lives of Ghanaian People
and other immigrants positively, and meet their demands by
creating new products and services for the Ghana