About Ghana

  • BASIC FACTS

    Click Here to View Basic Economic Statistics

  • Location:

    Western Africa, between Cote d’Ivoire and Togo. It’s longitudinal and Latitudinal co-ordinates means GMT passes through Tema, near Accra, making Ghana the closest to the centre of the centre of the world

  • Capital:

    Accra

  • Climate:

    Tropical

  • Time Zone:

    GMT –

  • Population:

    25m (est.)

  • Government:

    Constitutional Democracy

  • Language in Ghana:

    Official language is English. Nine languages/dialects have the status of being government-sponsored but most spoken are Akan, Twi & Fante

  • Ghanaian Society:

    Hierarchical. People are respected because of their age, experience, wealth and/or position. Preferential treatment is given to the eldest member present

  • International Membership::

    Ghana is a member of the Economic Community of West African States (ECOWAS), a regional economic market of 250 millio people in West Africa. ECOWAS allows for the free movement of goods & people across the borders of its members The South Atlantic Peace Cooperation Zone The Commonwealth of Nations The African Union

Ghana’s trading access to other African nations is expected to increase significantly in the coming years, especially as African nations move toward implementation of the African Economic Community, established by African heads of state and government in 1991. The AEC will take effect in 2025.


Ghana is gifted with extraordinary natural resources including immense agricultural, mining and human resources. Gold recently replaced cocoa as the country primary export and the liberalization of the mining industry in 1987 brought in notable strategic investors such as de Beers, Lonrho, and others from the United States, Canada, Australia, South Africa and the UK. The country also possesses an industrious and well-educated workforce and there is a strong primary, secondary and higher education infrastructure. The literacy rates average is 53 percent, one of the highest on the continent..

A notable fact is that Ghana is the only country in the Sub-Saharan African region to have successfully staged six consecutive multi-party elections. This is a testament of its sound political stability. It has earned its status as ‘The Gateway’ to the West African region.

Doing Business In Ghana

To ensure an enabled business and economic environment,
successive governments have spearheaded initiatives to ensure the right legal and policy frameworks for international and local investors alike. This has garnered Ghana a lot of international attention and according to The World Investment Report of 2011; the nation received 5% of total FDI inflows to developing
countries.

Of the various legal and policy frameworks, the most notable in recent times are the amendments to the 1985 Investment Code, the 1994 Investment Promotion Act; in addition, ongoing
government privatization initiatives have served to open up a wide range of investment opportunities in the region.

Advantages To Doing Business In Ghana

Stable, multi-party government

Demonstrated commitment to market liberalization

Ongoing privatizations in key economic sectors

Expanding stock market

Competitive labor force

Ongoing infrastructure development

Export free zones where goods traded with other countries
are exempt from customs duties and laws

Immediate access to all markets of the Economic Community
of West African States (ECOWAS)

Quota-free access to U.S. and European Union markets

Member of the World Trade Organization (WTO)

Official language English

Why Now?

Among the top 20 fastest growing economies in the world (2013) Africa boasts the 11th, with Ghana leading the charge in West Africa. Ghana’s economic improvement has seen it emerge on the horizon of the fastest growing economies in the world since 2011. Furthermore, the government sponsored by the World Bank is striving to get international acclaim as the Gateway to the region by positioning the country as the hub for import, export, storage, assembly, distribution, and manufacturing, transhipment of goods, services and passengers.

Direct Access Ghana is on the forefront with a mandate and the government’s cooperation to lead your business todirectly access these opportunities and incentives seamlessly helping
minimise obstacles and minimising risk for client companies.

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