Doing Business in Ghana
EENI - Business School.
Subject (Course): International Trade and Business in Ghana (West Africa).
- Introduction to the Republic of Ghana (West Africa).
- Regions of Ghana.
- Doing Business in Accra
- The Economy of Ghana
- Ghanaian Customs:
- Importing to Ghana.
- Exporting from Ghana
- Business and Investment Opportunities in Ghana
- Case Study:
- Business Opportunities in the agriculture sector
- Kasapreko Company
- Ports of Tema and Takoradi
- History of Ghana
- Access to the Ghanaian Market
- Business Plan for Ghana
Objectives of the subject “Doing Business in the Republic of Ghana”:
- To analyse the Ghanaian economy and foreign trade
- To evaluate business opportunities in the Republic of Ghana
- To explore Ghana's trade relations with the student's country
- To know Ghana's Free Trade Agreements (FTAs)
- To examine the profile of Ghanaian Companies
- To develop a business plan for the Ghanaian Market
Sample of the subject (Doing Business in Ghana):
Subject Description (Doing Business in Ghana).
The Republic of Ghana:
Ghana: African Frontier Market and second gold producer in Africa.
The centre for foreign direct investment (FDI) in West Africa.
- The official language of Ghana: English. 100 local languages
- Capital: Accra
- Borders of Ghana: Burkina Faso, Ivory Coast, and Togo
- Area: 238,535 square kilometres
- The population of Ghana: 27 millions of people
- Kofi Annan (former Secretary-General of the United Nations) was born
in 1938 in Ghana.
- Albert Adu Boahen Kwadwo was born
Regions of Ghana: Greater Accra, Ashanti, Brong
Ahafo, Central Region, Eastern Region, Northern Region, Upper East, Upper West, Volta Region, and Western Region.
The main religions of Ghana:
- Christians (63%)
- 7 millions of Protestants.
- Muslims (20%)
Ghana belongs to the West African Economic Area of the African Civilisation.
Logistics: Dakar-Lagos Corridor
The economy of Ghana:
- Middle-income country (ODA)
- African Frontier market.
- Ghanaian GDP: 103 billion dollars
- GDP growth: 4,4% (7,9 in 2012) (estimation for 2015: 8%)
- Service-oriented sector is the most dynamic (50% of GDP)
- Ghanaian petroleum sector. Petroleum reserves: 2.0 billion barrels. 22% of the total
value of exports
- Ghana is the second gold producer of Africa
- Industry: 27% of GDP
- Vigorous economic growth (6% over the past six years), mainly due to petrol and petroleum production
- Agriculture: 20% of GDP. Crop production: 16% of GDP.
- The inflation: 9.9%
- Free Zones for exports
- FDI: 2 billion dollars
- Greater Accra region: 15% of Ghana’s population.
- Ashanti region: Cocoa and gold mining industry
- Ghanaian currency: Ghana Cedi
Exporting from Ghana:
Ghana has preferential access to the markets of
- West African Monetary Zone (WAMZ)
- Economic Community of West African States (ECOWAS)
- The European Union: the Cotonou Agreement and the Generalised System of Preferences (GSP)
- African Growth and Opportunity Act (AGOA US)
- Free Trade Agreement (FTA) with India
Ghana is a member of:
- Economic Commission for Africa (ECA)
- African Development Bank
- New Partnership for Africa's Development (NEPAD)
- African Union (AU)
- Africa South America Summit
- International Monetary Fund (IMF)
- World Customs Organisation (WCO)
- World Bank (WB)
- Summit Africa-China and Africa-India