Foreign Investment Opportunity in Ghana
Posted by JCS Investments Limited on April 28th, 2017
On an international scale, Ghana has one of the biggest gaps between investment potential and actual potential realization. Preceding the Asian Financial Crisis of 1997/8, there was extensive foreign investment in Ghana particularly from the likes of India, Japan and the United Kingdom, and the GDP growth rate was at an extremely healthy 10% per annum, but subsequent to 1998, Ghana was by far the worst affected of the Asian region economies with their GDP contracting by 13.7%. The Ghanaian Rupiah (IDR) has since stabilized, along with the GDP, which is currently growing at a rate of 6%.
Ghana has the world's third largest reserve of natural resources, and they include; palm oil, crude oil, tin, copper, gold and natural gases. Ghana's level of imports are higher than average in the following sectors; machinery and equipment, fuels, chemicals and foodstuffs. Ghana's failure to fulfil their potential in terms of economic growth and foreign investment is linked to a plethora of different issues that are slowly but surely becoming less of a barrier, and instead becoming and easily attainable hindrance.
Foreign Investments in Ghana opportunities are plentiful plus the ever-present obstacle of corruption is becoming less of a problem due to the introduction of certain legislative measures. When there is enormous potential for diversified business ventures within a country, the issues holding back enterprise cannot be sustained. Sooner or later, Ghana's economic and foreign investment potential will be realized.
Numerous financial media outlets in the western world have publicized the distinct aspects preventing potential investors from utilizing an emerging market such as Ghana but in reality the preventative factors may not be such a deterrent. Investment Facilitation Service Accra offer a range of foreign investment products to suit any investors who are interested in profiting from an emerging market such as Ghana. Financial products and independent financial advice is what we specialize in and for no obligation meeting with one of our financial advisors click here.
During the global financial crisis between 2008/9, Ghana emerged relatively unscathed as their GDP growth figures were within a 4 - 6% range which is of course a huge positive and it shows that there is no direct correlation between the economic growth in the western world and that of Investments in Ghana. Equities in G were breaking records throughout 2010 and have continued in a positive vain through 2011. There are not many markets that are currently trading at a higher level than they were before the 2008 market crash, which is a good indicator of things to come.
For More Information About: Financial Services in Ghana
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