The World Bank is focusing its efforts in Ghana on the improvement of private sector competitiveness, including modernization of the agriculture, transport and energy sectors.The government for its part is encouraging growth through reforms in productive infrastructure, agricultural modernization and private sector development and investment.
Ghana is rich in agricultural resources with a stable form of government that is dedicated to the principles of free enterprise, and has long been seen as one of Africas most promising countries. The economy has traditionally depended on exports of primary products, with about 60 per cent of the labour force employed in agriculture. Agriculture contributes about 46 per cent to the GDP and is characterised by small-scale operations, principally staple food crops.
With a stable political environment and forward looking investment climate, Ghana is a prime location for investors, who may wish to tap the country's abundant natural resources and exploit market opportunities in Ghana. The 1994 Ghana Investment Promotion Act guarantees the freedom for non-Ghanaians to establish and run enterprises in potentially lucrative areas such as agriculture.
Time To Invest in Ghana
According to Mrs. Mawuena Trebarh, Chief Executive Officer of Ghana Investment Promotion Centre (GIPC), Ghana started 2013 with the expectation of improving upon its international rankings by instituting such reforms that would improve the business environment and also reduce the cost of doing business.
Growth Green Agriculture, a UK based agricultural investment company, firmly believes that now is the time to invest in Ghana, one of the most exciting emerging markets today.
Find out more about how to invest in Ghana at http://ggagriculture.com