Ghana

Ghana has a population of 30 million and is known to be a beacon of democracy in Africa. The IMF ranked Ghana among Africa’s 10 fastest-growing economies with an estimated gross domestic product (GDP) growth of 7.1 % in 2019. The country has a youthful population with a median age of 20.7 years, is strategically located and is marketed to the rest of the world as the gateway to Africa.

Ghana offers an excellent transshipment point for goods meant for the greater West Africa market. Ghana’s market remains relatively advanced compared to others in Africa despite an anticipated significant decline in economic growth in 2020. Rapid urbanization, and recent gains in economic growth support a fast emerging middle class who embrace western brands, products and lifestyles. The gross domestic product (GDP) for 2019 ($66.98 billion) showed a growth rate of 1.2 percent. GDP per capita or purchasing power parity (PPP) was $5,412 in 2019.