Doing Business in Ghana

Syllabus of the Subject: Doing Business in Ghana (West Africa). Accra.

1. Introduction to the Republic of Ghana (West Africa)
   1. History of Ghana
2. Regions of Ghana
3. Doing Business in Accra
4. Economy of Ghana
5. Ghanaian Customs:
   1. Importing to Ghana
   2. Exporting from Ghana
6. Business and Investment Opportunities in Ghana
7. Case Study:
   1. Business Opportunities in the agriculture sector
   2. Kasapreko Company
8. Ports of Tema and Takoradi
9. Access to the Ghanaian Market
10. Business Plan for Ghana

The objectives of the subject “Foreign Trade and Doing Business in the Republic of Ghana” are the following:

1. To analyse the Ghanaian economy and foreign trade
2. To evaluate the business opportunities in the Republic of Ghana
3. To explore Ghana's trade relations with the country of the student
4. To know Ghana's Free Trade Agreements
5. To examine the profile of the Ghanaian Companies
6. To develop a business plan for the Ghanaian Market

Sample of the subject (Doing Business in Ghana):

Hispano-African University of International Business

Description of the Subject (Doing Business in Ghana).

Ghana: African Frontier Market and the second gold producer in Africa.
Centre for the foreign direct investment (FDI) in West Africa.

1. Official language of the Republic of Ghana: English. 100 local languages
2. Capital: Accra
3. Borders of Ghana: Burkina Faso, Ivory Coast, and Togo
4. Area: 238,535 square kilometres
5. Population of Ghana: 29 million people
6. Regions of Ghana: Greater Accra, Ashanti, Brong Ahafo, Central Region, Eastern Region, Northern Region, Upper East, Upper West, Volta Region, and Western Region
7. Kofi Annan (former Secretary-General of the United Nations) was born in 1938 in Ghana
8. Albert Adu Boahen Kwadwo was born in Ghana

Main religions of Ghana:

1. Christians (63%) - 7 million Protestants
2. African Traditional Religions
3. Muslims (20%)

Ghana belongs to the West African Economic Area (African Civilisation).

Logistics: Dakar-Lagos Corridor

Economy of Ghana:

1. Middle-income country (ODA)
2. African Frontier market
3. Ghanaian GDP: 103 billion dollars
4. GDP growth: 4.4% (7.9 in 2012) (estimation for 2015: 8%)
5. The Service-oriented sector is the most dynamic (50% of GDP)
6. Ghanaian petroleum sector. Petroleum reserves: 2.0 billion barrels. 22% of the total value of exports
7. Ghana is the second gold producer of Africa
8. Ghanaian Industry: 27% of GDP
9. Vigorous economic growth (6% over the past six years), mainly due to petrol and petroleum production
10. Agriculture: 20% of GDP. Crop production: 16% of GDP.
11. Ghanaian Inflation: 9.9%
12. Free Zones for exports
13. FDI: 2 billion dollars
14. Greater Accra region: 15% of Ghana’s population
15. Ashanti region: Cocoa and gold mining industry
16. Ghanaian currency: Ghana Cedi
17. Ghana has a universal health system

Exporting from Ghana:

Ghana has preferential access to the markets of:

1. West African Monetary Zone (WAMZ)
2. Economic Community of West African States (ECOWAS)
3. Ghana-European Union:
   1. Africa-European Union Strategic Partnership
   2. Generalised System of Preferences (GSP)
4. African Growth and Opportunity Act (AGOA US)
5. Community of Sahel-Saharan States (CEN-SAD)
6. Free Trade Agreement (FTA) with India

Ghana is a member of:

1. Economic Commission for Africa (ECA)
2. African Development Bank
3. New Partnership for Africa's Development (NEPAD)
4. African Union (AU)
5. Africa-South America Summit
6. International Monetary Fund (IMF)
7. World Customs Organisation (WCO)
8. World Bank (WB)
9. Summit Africa-China and Africa-India

Ghana is an observer country of the International Organization of the Francophonie

❮ Samples - Business in Ghana ❯

(c) EENI- Business School & Hispano-African University of International Business