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Today’s Ghana and Its Economy Helsinki 07.09.2011 Kiasma Dr. JS AnnanDeputy Minister of Trade & Industry
Presentation Summary Introduction Historical Links between Ghana and Finland Why Ghana? Economic Outlook Ghana as a Gateway to Africa Synergies Ghana Investment Seminar – Helsinki 2011
Introduction Ghana Investment Seminar – Helsinki 2011
Introduction Ghana Investment Seminar – Helsinki 2011
Historical Links Ghana Investment Seminar – Helsinki 2011
Historical Links Christianborg Castle Ghana Investment Seminar – Helsinki 2011
Trade Stats- Exports GH-FIN Ghana Investment Seminar – Helsinki 2011
Trade Stats- Exports GH-FIN Ghana Investment Seminar – Helsinki 2011
Trade Stats- Imports FIN-GH Ghana Investment Seminar – Helsinki 2011
Trade Stats- Imports FIN-GH Ghana Investment Seminar – Helsinki 2011
“Africa is starting to be viewed as a viable business and investment destination” Ghana Investment Seminar – Helsinki 2011
Why Ghana? People State and Government Independence: March 6, 1957. Previously a British colony Form of government: Constitutional democracy Head of State: President elected every 4 years, two-term maximum. Currently Atta Mills, elected in 2010 Population: 23 million Life expectancy: Men 57 years, women 59 years Languages: English (official), Akan, Moshi-Dagomba, Ewe and Ga International Trade Economy Main exports: gold, cocoa, rice, coffee, cassava, peanuts, shea nuts, bananas, timber, oil (Togo, UK, Italy, Netherlands, Germany, US, France) Main imports: capital equipment, petroleum, food stuffs (UK, Nigeria, US, Germany, Italy, Spain) Agriculturally based economy with growing services sector Key features: Gold, timber, cocoa, oil are major sources of foreign exchange GDP per capita: $1,900 (2000)  Currency unit: Cedi Ghana Investment Seminar – Helsinki 2011
Why Ghana? Ghana Investment Seminar – Helsinki 2011
Why Ghana? Ghana Investment Seminar – Helsinki 2011
“The outlook for Ghana is favorable due to higher commodity export prices and new oil production” Ghana Investment Seminar – Helsinki 2011
Economic Outlook Ghana Investment Seminar – Helsinki 2011
Value Proposition ,[object Object]
Double digit growth rate expected in 2012 due to oil
Gateway to West African marketGhana Investment Seminar – Helsinki 2011
Value Proposition ,[object Object]
Oil producing nation

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Finpro today's ghana and its economy JS Annan

  • 1. Today’s Ghana and Its Economy Helsinki 07.09.2011 Kiasma Dr. JS AnnanDeputy Minister of Trade & Industry
  • 2. Presentation Summary Introduction Historical Links between Ghana and Finland Why Ghana? Economic Outlook Ghana as a Gateway to Africa Synergies Ghana Investment Seminar – Helsinki 2011
  • 3. Introduction Ghana Investment Seminar – Helsinki 2011
  • 4. Introduction Ghana Investment Seminar – Helsinki 2011
  • 5. Historical Links Ghana Investment Seminar – Helsinki 2011
  • 6. Historical Links Christianborg Castle Ghana Investment Seminar – Helsinki 2011
  • 7. Trade Stats- Exports GH-FIN Ghana Investment Seminar – Helsinki 2011
  • 8. Trade Stats- Exports GH-FIN Ghana Investment Seminar – Helsinki 2011
  • 9. Trade Stats- Imports FIN-GH Ghana Investment Seminar – Helsinki 2011
  • 10. Trade Stats- Imports FIN-GH Ghana Investment Seminar – Helsinki 2011
  • 11. “Africa is starting to be viewed as a viable business and investment destination” Ghana Investment Seminar – Helsinki 2011
  • 12. Why Ghana? People State and Government Independence: March 6, 1957. Previously a British colony Form of government: Constitutional democracy Head of State: President elected every 4 years, two-term maximum. Currently Atta Mills, elected in 2010 Population: 23 million Life expectancy: Men 57 years, women 59 years Languages: English (official), Akan, Moshi-Dagomba, Ewe and Ga International Trade Economy Main exports: gold, cocoa, rice, coffee, cassava, peanuts, shea nuts, bananas, timber, oil (Togo, UK, Italy, Netherlands, Germany, US, France) Main imports: capital equipment, petroleum, food stuffs (UK, Nigeria, US, Germany, Italy, Spain) Agriculturally based economy with growing services sector Key features: Gold, timber, cocoa, oil are major sources of foreign exchange GDP per capita: $1,900 (2000)  Currency unit: Cedi Ghana Investment Seminar – Helsinki 2011
  • 13. Why Ghana? Ghana Investment Seminar – Helsinki 2011
  • 14. Why Ghana? Ghana Investment Seminar – Helsinki 2011
  • 15. “The outlook for Ghana is favorable due to higher commodity export prices and new oil production” Ghana Investment Seminar – Helsinki 2011
  • 16. Economic Outlook Ghana Investment Seminar – Helsinki 2011
  • 17.
  • 18. Double digit growth rate expected in 2012 due to oil
  • 19. Gateway to West African marketGhana Investment Seminar – Helsinki 2011
  • 20.
  • 22. Developed banking sectorGhana Investment Seminar – Helsinki 2011
  • 23. Synergies Ghana Investment Seminar – Helsinki 2011
  • 24. Opportunities Ghana Investment Seminar – Helsinki 2011
  • 25. Q & GHANA AFRICA’S GOLDEN GATEWAY A