EditorialWMIG

Why Invest In Ghana?

No country in the sub region is more strategically positioned as a perfect destination for doing business than Ghana has been over the last three decades and still counting.

Increasingly, the country has improved on its good democratic governance; a pre-requisite condition for solidifying political and economic stability.

Since 1992, the country has gone through eight very competitive but transparent, free and fair democratic elections and come out with an amazing success uncommon in the sub-region.

This political stability and a peaceful democratic Eldorado have over the years resulted in strengthening state institutions and building investor confidence.

The political stability and good governance practices have also impacted on sound economic gains.  It is not accidental that the World Bank’s Ease of Doing Business Report 2019, ranked Ghana as the fastest growing economy in the world.

Successive governments, irrespective of which political party is in power has been consistent in partnering with the Private Sector as the lead engine of growth.

Any government that adopts the Private Sector as a key partner of growth puts in place a deliberate, sustained and concerted agenda to protect Private Sector investments and that is the exact situation in Ghana.

Protection my way of business-friendly policies and regulations that encourage and promote growth.

The country has an abundance of natural mineral resources including bauxite, gold and diamond abound.

It has discovered oil in commercial quantities and this comes with the tall list of value chain related businesses worth investing in.

It has vast arable lands and is leading exporter of cocoa to the world.

For investors interested in tourism, Ghana has everything needed to be marketed as an attractive tourist destination to the world.

Ghana was the center of the transatlantic British slave trade has the country has as many of 44 forts and castles dotted long its coastal , towns serving as heritage sites

It has a rich and colorful historical narrative and many in the Diasporas have used scientific means to successfully trace their ancestral roots and origin to Ghana.

It is strategically located in the center of the world and bounded on the south by the Atlantic Ocean coast. It has the Lake Volta, which is the world’s largest artificial lake.

It has several other lakes some dotted with islands. It can boast of mountains, safari, waterfalls, game reserves and a rich culture that can be infectious.

The laws of the country work and its judicial systems have been rated as one of the best in the world.

Ghana has a rather vibrant media that is protected by the Constitution. The country has long ago decriminalized libel, giving media practitioners a breathing space.

This has enabled the Ghanaian media play its role as a watch dog rather than a timid lapdog afraid of barking at persons doing wrong.

The investment opportunities are endless and government has maintained a close working relations with the Private Sector in the areas of utility, tourism, horticulture, health, oil and gas, mineral processing,   food processing, agriculture and agro processing, forestry, real estate and other key sectors.

Ghana is no doubt a golden destination for investment.

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