Ghana saw real GDP growth of around 8. Besides oil, the country is noted for its rich and diverse resource base, including bauxite, diamonds, manganese ore, and timber. Major manufacturing industries include automotives and ship building, as well as oil refineries, plastics, and textile. The country ranks nd in economic freedom. The state transitioned to a Casino Rise Prospect Vale democracy inand has held free elections for the past two decades. The country also maintains strong relations with the international community, as one of the leading examples of democracy in West Africa. Initiated inthe plan promotes private sector growth, and aggressive public spending on industrialisation, infrastructure, and social services. Ghana became an oil producer in Init producedtobarrels of crude oil a day. At present, Ghana has over 36, sq km andsq km of open offshore and onshore acreages. This number is expected to grow, with ongoing efforts in oil and gas exploration. This provides growing opportunities for the oil and gas sector, as well as tangentially related services. The industry is expected to remain a top prospect, and a key driver of growth in the domestic economy. Further oil and gas exploration are still ongoing. The combined output of the Jubilee and TEN fields are expected to raise production tobarrels a day. The Ghana Investment Promotion Centre GIPC notes that the country has inadequate human capacity for the exploitation, development, and production of oil and gas. This provides opportunities Casino Rise Prospect Vale Indian firms to partner with related Ghanaian companies. Ghana also has an international airport in Accra, and two major ports in Tema and Takoradi. This makes it cost-effective for agri-businesses to ship from Ghana, compared to many other parts of Africa. Participating agri-businesses get a five-year tax holiday at the startup phase, custom duty exemptions for relevant machinery, and location-based tax rebates. The Ghana Commercial Agriculture Project also offers public-private partnerships, for infrastructure projects in designated areas. Other initiatives include the development of a land bank, and model lease agreements for investor seeking to acquire land in Ghana. Ghana has 9. As the country industralises, local companies are adopting digital solutions to manage office functions, as well as interact with customers. The improved infrastructure for international broadband connectivity has grown in Ghana, causing a proliferation of Internet Service Providers ISPs. As ofthere are 54 operational ISPs in the country. The programme aims to accelerate tech adoption among the population, as well as local businesses. These will serve as incubators for tech-based startups, as well as research and development in robotics and artificial intelligence. Other services including mobile banking, and mobile online health services are also becoming more popular. In the business sector, there is a limited pool of qualified graduates for in-house ICT functions. This has created a trend toward outsourcing tech talent. In addition to the widespread use of English in Ghana, Indian tech companies have marked opportunities to fill these niches. This is expected to grow to 4. Ghana is noted for its wildlife, coastal resort areas, and natural formations such as the Tagbo falls, which is the largest in Africa. Other attractions include the Bosumtwi meteorite crater, and Lake Volta, the largest man-made lake in the world. Ghana is dense with nature reserves and national parks, which are major tourist destinations. The event is celebrated in the historical cities of Elmina Casino Rise Prospect Vale Cape Coast in Ghana, and takes place over eight to nine days. The Marine Drive Tourism Investment Project, to be developed across acres of land stretching from the Christiansborg Castle in Osu to the Kwame Nkrumah Mausoleum, provides lucrative opportunities to tourism investors. GIPC surveys also note that many tourists to Ghana return with their spending money unused. Indians who can apply their retail experience can find good opportunities here, and will find it easy to work with the predominantly English-speaking populace. Financial services for tourists are also in short supply, and there is room for infrastructure that promotes acceptance of card payments. Take note of this if you run a fintech business, or an IT infrastructure business. Some of the projects have been completed while a few are in various stages of implementation. Other projects which are in the pipeline are in diverse sectors,inter alia, waste management, railway equipment, agro-processing, supply of potable water etc.
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