Additional Developments Within Scope

Ghana’s Digital Economy and Technology Innovation

Ghana’s digital economy is expanding rapidly, driven by high mobile penetration and an active tech startup ecosystem in Accra. Fintech solutions are gaining ground, especially in mobile payments and micro-lending, while e-commerce, healthtech, and edtech platforms represent emerging opportunities.

Under the eTransform project, the case management system has been automated at 50 High Courts in Accra. The establishment of operational infrastructure and support for the Cyber Security Authority contributed to Ghana ranking second in Africa in the 2024 Global Cybersecurity Index.

Agricultural Transformation and Value Addition

Agriculture contributes nearly 20% of Ghana’s GDP and employs a large share of the population. Beyond cocoa, opportunities extend to maize, rice, fruits, vegetables, commercial farming, food processing, and packaging. Agritech startups are emerging to help farmers improve yields and access markets.

Innovative local companies like Niche Cocoa Industry, Fairafric Ghana, and Ghana Nuts Company Limited demonstrate how local processing creates jobs, builds resilience, and earns higher export returns. Agritech innovations including farmer data analytics, drone spraying, and digital extension platforms are improving efficiency and yields.

Mining Sector Expansion and Opportunities

Ghana is Africa’s largest gold producer, surpassing South Africa in recent years. The mining sector also produces bauxite, manganese, and oil. Beyond extraction, opportunities exist in logistics, equipment supply, and processing, with high global demand for critical minerals keeping mining opportunities strong.

Renewable Energy Revolution

Electricity demand in Ghana is rising quickly, and while hydropower has been the backbone, solar and wind energy are growing fast. The government encourages renewable projects through favorable policies, creating opportunities in solar panel installations, wind energy projects, and biomass energy solutions.

Companies like Solar Taxi, which assembles electric vehicles in Ghana, and SunPower Innovations, which provides solar power systems for schools and factories, are reshaping the country’s approach to energy. Government and donor-supported mini-grid projects are electrifying communities previously off the national grid.

Real Estate Development Boom

Ghana’s urbanization rate is increasing rapidly, creating housing deficits and boosting demand for commercial real estate including retail malls, offices, and mixed-use centers. High demand and attractive returns make real estate one of the best investments for both local and foreign investors.