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Ghana looks to investor-friendly reforms and digital transformation to drive post-pandemic recovery

5 years ago
in Business, Economy, Editor's pick, highlights, Home, home-news, latest News
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Ghana’s plans to overhaul its regulatory system and establish a one-stop shop for investors as part of broader efforts to boost FDI are explored in a new Covid-19 Response Report (CRR), produced by the Oxford Business Group (OBG) in partnership with the Ghana Investment Promotion Centre (GIPC).

The CRR charts the steps taken to enhance Ghana’s business environment by promoting transparency and accountability, which include the launch of an online delivery tracker documenting progress of government’s infrastructure projects.

Other topical issues examined include the national push to improve food security and self-sufficiency, which have taken on added importance since the arrival of the virus and will be driven forward through large-scale agricultural modernisation efforts.

The Covid-19 Alleviation and Revitalisation of Enterprises Support (CARES) programme, an expansive, Ghs 100 billion economic response and development plan, is another key focus of the report.

Aspects of this wide-ranging, two-phased initiative analysed include the country’s plans to bolster the health care system, boost support for businesses, introduce a national unemployment insurance scheme and provide retraining initiatives.

Ghana’s infrastructure projects and the opportunities they present for investment are also given extensive coverage. Subscribers will find details of the many major initiatives in the pipeline, led by the six-phase Railway Master Plan, road developments, bridges, hospitals and homes.

The CRR also includes interviews with high-profile personalities from across the public and private sectors, including the Vice President, Dr Mahamudu Bawumia who shared his thoughts on sectors of the economy, most in need of investment and the role digital solutions will play in transforming Ghana.

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