Ghana can help feed Africa

12 February 2021
video

Ghana Overview

Ghana, formerly the Gold Coast, is located in the sub-region of West Africa of the African continent. It has a population of over 30 million, spanning a variety of ethnic, linguistic and religious groups. The median age is around 20.67 years, and about 60% of the population is between 15 to 64 years of age, according to current population estimates.

 

Why Invest in Ghanaian Agribusiness?

“Despite lower oil prices, all of the important economic organisations such as IMF and World Bank maintain a bright outlook for Africa and Ghana.”

The critical fundamentals in Ghana that remain strong and keep its development from derailing include –

Availability of Resources:

  • Abundant agricultural land and water
  • Large labour force
  • Funding available for developing the country

Economics of Resources:

  • Superior climate for multiple crops per year
  • Property costs are relatively low
  • Proximity to local and world markets

Demand for Sustainable Food:

  • Ghana’s population to double by 2050
  • Ghana imports a significant amount of food
  • Food demands outpacing population growth
  • Local and worldwide growing demand of food

Government Stability and Support:

  • One of the fastest growing economies in Africa
  • Ghana’s currency closely tied to US dollar
  • Free elections for over two decades
  • Ten-year tax holiday for Free Zones Enterprise
  • Development
  • Government and Chieftain support

Read the full insight here

Ghana can help feed Africa

12 February 2021

Ghana Overview

Ghana, formerly the Gold Coast, is located in the sub-region of West Africa of the African continent. It has a population of over 30 million, spanning a variety of ethnic, linguistic and religious groups. The median age is around 20.67 years, and about 60% of the population is between 15 to 64 years of age, according to current population estimates.

 

Why Invest in Ghanaian Agribusiness?

“Despite lower oil prices, all of the important economic organisations such as IMF and World Bank maintain a bright outlook for Africa and Ghana.”

The critical fundamentals in Ghana that remain strong and keep its development from derailing include –

Availability of Resources:

  • Abundant agricultural land and water
  • Large labour force
  • Funding available for developing the country

Economics of Resources:

  • Superior climate for multiple crops per year
  • Property costs are relatively low
  • Proximity to local and world markets

Demand for Sustainable Food:

  • Ghana’s population to double by 2050
  • Ghana imports a significant amount of food
  • Food demands outpacing population growth
  • Local and worldwide growing demand of food

Government Stability and Support:

  • One of the fastest growing economies in Africa
  • Ghana’s currency closely tied to US dollar
  • Free elections for over two decades
  • Ten-year tax holiday for Free Zones Enterprise
  • Development
  • Government and Chieftain support

Read the full insight here

Stephen Awuah's featured publications

See All Posts

Agribusiness

Farrelly & Michell’s Stephen Awuah on the prospects for food & agribusiness in Africa

Farrelly & Mitchell Africa's Stephen Awuah speaks about the company’s consultancy work in west and sub-Saharan Africa.

Video

Sustainability & ESG

The importance of building sustainability & ESG into your food or agribusiness

Our food sustainability consultants are present in Africa, Europe, and the Middle East part of our extended team of 300 experts worldwide. 

Video

Food safety & security

Ghana can help feed Africa

Progressive Ghana's agriculture resources makes it highly sought after in terms of sector investment and it is leading by example in Africa.

Insight
See All Posts

Join our latest webinar on climate change and food safety.

Get in touch with us or find an office closest to you.
Register now