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Ghana

Ghana, which is literally positioned in the geographic centre of the world (i.e. a critical attribute that uniquely identifies Ghana as the nearest dry land to the interjectional point of the Longitude and Latitude 0ᵒ – giving it a transport advantage of on average eight and half-hour flight journeys to Europe and the US, and six and a half hours flight times to Brazil), is located on the West Coast of Africa and is one of the most thriving democracies and a gateway on the African continent.

Ghana is bounded on the north by Burkina Faso, on the east by Togo, on the west by Cote d'Ivoire and on the south by the Atlantic Ocean.
LAND SIZE
0 km²
LONGEST RIVER
Volta 0 Miles
LARGEST WILDLIFE REFUGE
Mole National Park
LARGEST MANMADE DAM
Akosombo Dam

The land rich in culture, heritage, warmth,
rhythm and innovation

Formerly a British colony known as the Gold Coast, the territory was led to independence by its first President Dr. Kwame Nkrumah on the 6th of March, 1957. It was renamed Ghana, meaning “Warrior King,” to reflect the ancient Ghana Empire which had flourished in West Africa during the 10th century AD.

Ghana has a tropical climate, characterized most of the year by moderate temperatures, sunshine and constant breezes.

    Location

  • Coordinates:5°33′N 0°12′W

    Governmental

  • Independence Day: 6 March 1957
  • Creation Of Republic: 1 July 1960
  • Form Of Government: Presidential Democracy

    Economy

  • Official Language: English
  • Currency: The Ghanian Cedi
  • GDP Growth Projection
    for 2019:     7.6% (World Bank)

    Land

  • Area Size: 238537 km²

  • Climate: Tropical
  • Time: Greenwich Mean Time (GMT)

    Logistics

  • Capital: Accra

  • Harbour: Tema Harbour
  • Airport: KOTOKA International Airport

    Population

  • Population Size: 30 Million
  • Religion: Christian (71%), Muslim (17%)
  • Average Population Density: 55.5/sq km

People of Ghana

Rich in ethnicities

The population of Ghana is incredibly diverse. Like most other African nations, Ghana has rich, traditional cultures that differ from one ethnic group to another. This includes six major ethnic groups that break into more than 60 smaller ones. The six larger groups are the Akan (Ashanti, Akwapim, Fanti etc.), the Guan, the Gruma, the Ewe, the Ga-Adangbe and the Mole-Dagbani. 52 separate languages and hundreds of dialects are spoken in Ghana.

The people are warm and friendly. They are polite, generally open and embracing. In Ghanaian society, people are said to be more important than blindly stringent schedules.

    Population

  • Population Size: 30 Million
  • Population Growth: 2.2% Annual Growth

    Life Expectancy

  • Fertility Rate: 3.87 births per woman
  • Average Life Expectancy: 63.78 years

    Language

  • Official & Business Language: English
  • Ghanaian Language: Fante, Akuapem Twi, Asante Twi, Ewe, Dagaare, Dagbani, Dangme, Ga, Gonja, Kasem, Nzema

Economy of Ghana

Land of growth

Ghana’s wealth of resources, democratic political system and dynamic economy, make it undoubtedly one of Africa’s leading lights. Gaining the world’s confidence by its consecutive peaceful political transitions and grounded and firm commitment to democracy has helped in expediting Ghana’s growth in foreign direct investment (FDI) in recent years and becoming the largest FDI recipient in West Africa since 2018 (as indicated by the United Nations Conference on Trade and Development - UNCTAD).

Ghana has attracted the attention of well-known international businesses, investing in all sectors of our economy. All these investors have come to Ghana because we have a wonderful conducive social, political and economic environment in which they can invest, grow and be successful. Endowed with significant natural resources, our country is committed to improving its physical infrastructure.


Land of investments

Ghana has a solid tradition of investments in agriculture and agro-processing, which the government is committed to enhancing much further up the value chain. The financial services and telecommunications sectors are fast gaining ground, providing dynamic and innovative services to the most diverse customers in the world. Further opportunities exist in manufacturing, ICT and Tourism. Mineral deposits including gold and diamonds abound, and with the discovery of oil in the 2010’s, Ghana’s star is shining even brighter.

Sectors

Agriculture and Agro-processing, Textiles and Garments, Food processing, Forestry, Health, Mineral processing, Oil and Gas, Tourism, Utilities, Education etc. are key sectors of the Ghanaian economy. A further breakdown is as follows:

    Agriculture

  • Ghana produces cacao (2nd largest producer in the world), pineapples, cashew, shea butter, timber, bananas, mangoes, papaya, avocado etc.

    Minerals

  • Include Gold (2020 largest producer in Africa), diamonds (mainly industrial grade), bauxite (aluminum), iron etc.

    Textiles & Garments

  • AGOA, proximity to the US.

GIPC(Ghana Investment Promotion Centre)

Do visit the GIPC website (www.gipc.gov.gh) where you will find cases of success stories culled from the best performing companies (both indigenous and foreign) who have shown leadership in their sectors (spanning Agriculture and Agribusiness, Education, Universal Banks, Rural Banks, Non-Bank Financial Institutions, Insurance Services, Information and Communication Technology (ICT), Manufacturing, Petroleum and Mining, Services and Healthcare etc.)