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Random Ghana Company Factoids du Jour
I’ve been following for a few years the surprising resurgence – and I use that word advisedly -- in the Ghana economy. After being in effective collapse for some time, inflation has been declining, banks becoming more healthy, and GDP growing nicely in this resource-rich, entrepreneurial and (relatively) stable African country.

Other central african countries Related Articles

Black Economic Empowerment, like charity, is not investment
South African businesses have become one of the largest investment blocks in Africa. Many African countries regularly fret that they are losing their local business ownership to their cousins down South. Every sector of South African business is represented in this new scramble to invest; from mining to telecommunications to retail.
Wanted: jobs for Africa’s youth - Business Friendly
In the short term, countries need to do away with policies that hinder investment, notes the World Bank in its report Doing Business in 2006: Creating Jobs. African countries impose the most stringent regulations on entrepreneurs, the Bank reports.
Post-Annual Meetings Interview with AfDB Chief Economist: Africa needs a business-friendly environment
“African countries need to reduce the high administrative barriers and excessive regulations that result in substantial delays and high transactions costs to firms wishing to invest. Starting a business in most African countries is still relatively costly and getting a licence processed is time-consuming,” says AfDB Chief Economist, Louis Kasekende in an interview granted after the Annual Meetings of the African Development Bank Group, held in Shanghai from 16-17 May 2007.
Privatisation: A Challenge for Sub-Saharan Africa
Thirty-eight sub-Saharan African countries have implemented privatisation programmes, following the mid-1980s pattern in the OECD countries: privatisations of small and medium-sized enterprises in the early 1990s; and larger enterprises, including, companies in the utilities sector, by the mid-1990s.
SME's - Africa versus the Far East
Do the Far Eastern countries have an advantage over African countries?
4.1 Case studies on export diversification for selected African countries: Economic Report on Africa 2007
So far, diversification trends in relation to African economies indicate that different countries have achieved varying results. The overall conclusion is that, in general, African economies have failed to make gains beyond their initial positions in the early 1980s. It has also been pointed out that they reacted defensively to the crises that beset them in the 1980s. Their macroeconomic stabilization policies did not create an environment conducive for dynamic response, as a good number of countries in Asia and Latin America were able to do. Their defensive response as seen in the oil factor, perpetuated the status quo and worsened it in some instances. Earlier gains in such countries as Gabon, Nigeria and Sudan were eroded.
5.1 Faster economic growth could assist in diversification efforts: Economic Report on Africa 2007
The results for Africa, shown in table A5.1, suggest further that as income per capita increases, there is a tendency for African economies to experience improvement in their diversification processes. This is a very significant result and it is in line with other empirical evidence, (see Imbs and Wacziarg 2003), which shows that poor countries tend to diversify at first as their incomes rise, before they later begin to become more specialized. African countries also fit into this theory of the U-shaped stages of diversification.
Sustained growth with equity is needed to halve poverty in Africa
Researchers predict that many African countries will not reach the Millennium Development Goal (MDG) target of halving extreme poverty by 2015. Will accelerated economic growth or better income distribution be most helpful in getting African countries get back on track to achieve the MDG poverty target?

Public Spending on Education and Health Care and the MDGs
Government expenditure policy will have a key role in determining whether countries meet the MDGs. In many countries, the government will have a central role in ensuring that its citizens, especially the poor, have access to education and health services by either providing these services itself or financing private sector provision.
The African Market: Challenges for SMEs and Responses
In the presentation of WUSME World Union of SMEs on 20th May 2011 at the VI.African Summit, chaired by the former President of the Federal Republic of Nigeria H.E. Obasanjo, the market trends and opportunities for Micro- Small and Medium Enterpriseswere summarized as follows: Focusing on the economic development in the „Danger Zones” of the African Continent, the Sub Saharan Countries remain a challenge and urgently need to be addressed. These are the African Savanna and Sahel: Niger, Sierra Leone, Mali, Burkina Faso, Guinea-Bissau, Central African Republic, Chad, northern Uganda, Ethiopia and Somalia.

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