Ghana- Best Business Opportunities, Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship

Ghana- Best Business Opportunities, Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship

Description:

Ghana is situated at the Western part of Africawith a total area of 238,533 sq km. Ghana is a sovereign unitary presidentialconstitutional democracy, located along the Gulf of Guinea and Atlantic Ocean,in the sub region of West Africa. Ghana is bordered by the Ivory Coast in thewest, Burkina Faso in the north, Togo in the east and the Gulf of Guinea andAtlantic Ocean in the south. The word Ghana means "Warrior King" inMande. Accra is the capital andlargest city of Ghana. Ghana was the first place in sub-Saharan Africa whereEuropeans arrived to trade - first in gold, later in slaves.



BUSINESS SECTORS


Manufacturing:  Ghana's most important manufacturing industries include electronics manufacturing, car manufacturing, electric car manufacturing, automotive manufacturing, light manufacturing, aluminium smelting, food processing, cement, and small commercial ship building. 


Agriculture Sector:  The food and agricultural industry plays a majorrole in Ghana’s economy. Food is one of the basic needs of man and anyone thatventures into food production is sure of a never ending demand.


Food Processing:The food processing industry in Ghana is anexciting and fast-growing space. The demand of quality food is increasing for agrowing population, especially in urban areas. This situation presents manybusiness opportunities in food industry sector. 


Transportation Sector:Transport in Ghana is accomplished by road,rail, air and water. Ghana's transportation and communications networks arecentered in the southern regions, especially the areas in which gold, cocoa,and timber are produced. Increased transport investment helped to increase thenumber of new vehicle registrations and transportation alternatives includerail, road, ferry, marine and air. 


Tourism:The tourism industry in Ghana is another sectoryou can start a business in if you want huge gains in the long term.One of the fastest growing sectors in theeconomy of Ghana, tourism holds a lot of attractions for investors. Touristarrivals to Ghana include: South Americans, Asians, Europeans, and NorthAmericans.


Cotton Textiles Sector:  Textile manufacturing inGhana is an industry consisting of ginneries and textile mills producing batik,wax cloth, fancy printed cloth and Kente cloth. Firms have located in Ghana toserve local and regional markets with printed African patterned fabrics. 


Minerals Mining Sector:Mining is one of the oldest industries to haveever developed in West Africa. Mining existed in Ghana long before the colonialera. The mining sector is an important segment of the Ghanaian economy and hasplayed a significant role in the country’s socioeconomic development since thecolonial period. 



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