Research arm of ratings agency, Fitch Solutions has placed Ghana ahead four top West and Central African countries after scoring Ghana 53.9 per cent in its country risk index assessment.
The country’s high score of both political and operational risk index propelled it to the first position, ahead of Gabon, Ivory Coast, Nigeria and Cameroon.
The score attained by Ghana means it is the best place in the West and Central African sub-region for investors to invest.
In terms of political risk, Ghana scored 69.7 per cent and 72.9 for the short and long term respectively. The nation’s operational risk also stood at 44.1 per cent.
For the economic risk index, the nation recorded 41 per cent and 51.6 per cent for the shorter and longer term respectively.
The country’s newly attained position as the best place to do business in West and Central Africa, can be attributed to the country’s economic indicators which have looked good this year despite the global pandemic.
Ghana is expected to grow at 1.3 per cent for the rest of the year, making it a top performer on the Continent.
