Over the past few decades, Ghana has enjoyed increasingly stable and deepening democratic
governance. Eight succesive democratic elections over the last three decades have strengthened the effectiveness of key national institutions, enhanced investor confidence and anchored the economy in an environment for positive growth – Source UNDP.
Today, Ghana is not only the best place for doing business in West Africa, but one of the
fastest growing economies in the world according to the World Bank’s Ease of Doing Business Report 2019. Also, the 2021 Global Peace Index (GPI) ranked Ghana the second most peaceful country in Africa, behind Mauritius.
Ghana has developed into an established business destination for investors seeking a conducive business environment, committed and progressive government-private sector participation, political stability, transparent regulations and a dynamic private sector ready for partnerships. The government is committed to implementing policies that reduce the general cost of doing business to promote investor confidence in the country.
Overall, the sectors open for business span the areas of oil and gas, agriculture, recreation and tourism, health services, financial services, manufacturing, energy, ICT and Fintech, property development/ real estate and transport infrastructure.
The 1994 Ghana Investment Promotion Act guarantees non-Ghanaians the freedom to set up and run business enterprises in areas such as pharmaceuticals, hydropower projects, natural gas production, fruit and vegetable farming, food processing, agro-chemicals production and Information Technology.