Ghana
The original report was published in the USA Today on Thursday, February 17, 2011
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Ghana is West Africa’s largest economy, with almost double the per capita output of regional neighbors and new oil and gas production now on line. Moreover, it also boasts good governance, a strong democracy, a free press, and highly skilled and motivated people
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Ghana boasts a lively and open political debate nurtured by the country’s vibrant private press. Here, Minister of Information and National Orientation John Tia Akologu speaks on how he ensures his link in the chain of good governance
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The discovery of the Jubilee oil field, about 37 miles off the coast of Ghana, has the potential to be a game-changer for the developing country
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Charles A. Darku, CEO of the Ghana Grid Company Limited (GRIDCo), speaks here on finding partners and the opening up of the region’s electricity market
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Two leaders in Ghana’s downstream petroleum industry, Bulk Ship & Trade and Fueltrade are efficiently providing the country with quality oil and proving to be reliable partners
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Nestor Galley shares his view on the challenges Ghana faces in remaining competitive
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Ghana’s real estate market is poised to show significant growth as a rise in the standard of living and demand for housing coincide
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Originating from the headwaters of the Amazon
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A historic visit in 2009 further bolsted Ghana’s profile and highlighted its political stability, sound economic management, low crime rate and educated workforce
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The windfall oil discovery has positioned Ghana as a potential energy exporter and significant producer of refined oil and petrochemical products. Now it’s up to the government and investors to finish turning this into reality
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 Kweku Andoh Awotwi, CEO of the Volta River Authority (VRA) West Africa is building a new power infrastructure in which Ghana and its power generator, VRA, will be a key player
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The national electricity transmission body, GRIDCo was created in 2006 to help boost competition in the sector
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With superior land infrastructure and choice location, Ghana is rapidly becoming a maritime trading hub for the sub-region
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Ghana has a lot to offer investors interested in entering West Africa. The 17-year old Ghana Investment Promotion Center (GIPC) is leading the investment promotion effort
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 Anthony Fofie, CEO of COCOBOD Cocoa is the apple of the Ghanaian agricultural sector’s eye. The organization overseeing the industry, COCOBOD, is encouraging farmers to remain in this healthy industry
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LOCATION:
Western Africa, bordering the Gulf of Guinea, between Cote d'Ivoire and Togo
CAPITAL:
Accra
AREA:
total: 238,533 sq km
country comparison to the world: 82
land: 227,533 sq km
water: 11,000 sq km
DISPUTES - international:
Ghana struggles to accommodate returning nationals who worked in the cocoa plantations and escaped fighting in Cote d'Ivoire
GDP - composition by sector:
agriculture: 29.9%
industry: 18.6%
services: 51.4% (2010 est.)
AGRICULTURE - products:
cocoa, rice, cassava (tapioca), peanuts, corn, shea nuts, bananas; timber
INDUSTRIES:
mining, lumbering, light manufacturing, aluminum smelting, food processing, cement, small commercial ship building
EXPORTS:
$7.552 billion (2010 est.)
country comparison to the world: 97
$5.84 billion (2009 est.)
EXPORTS - commodities:
gold, cocoa, timber, tuna, bauxite, aluminum, manganese ore, diamonds, horticulture
EXPORTS - partners:
Netherlands 13.2%, UK 7.7%, France 5.8%, Ukraine 5.7% (2009)
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