Courtesy of The New York Times, a look at how resource-rich countries like Ghana are often cut out of lucrative parts of the business like manufacturing: The first leg of the 35-mile journey from Ghana’s capital city, Accra, to the Fairafric chocolate factory in Amanase on the N6 highway is a quick ride. But after […]
Read more »Courtesy of The Africa Report, a report on Ghana’s hopes to become the first nation on the continent to achieve full vertical integration in the aluminium industry: Picking up from what has been left of a 1960s attempt to build an aluminium empire, Ghana Integrated Aluminium Development Corporation (GIADEC) is seeking to attract $6bn worth […]
Read more »Courtesy of The Africa Report, a look at how Togo and Cote d’Ivoire are benefiting as Ghana’s high port fees deter shippers: A 20% drop in container traffic at Ghanaian ports suggests Togo and Cote d’Ivoire are seen as more attractive. Recent data from Ghana’s port authority shows a notable decline in port traffic, with […]
Read more »Courtesy of The Financial Times, a look at how China – which already dominates processing of lithium for use in electric vehicle batteries 0 is now investing heavily in mines, leaving western operators scrambling in Africa: The settlement of Uis in a remote part of Namibia seems an unlikely hotspot for a mineral cold war […]
Read more »Courtesy of Bloomberg, a look at Africa’s growing thirsty for champagne: Veuve Clicquot, the Champagne maker that’s part of luxury-goods powerhouse LVMH, is exploring new markets in Africa as demand for premium products rises on the continent. The Champagne maker is considering expanding in East Africa or going west to Ghana as it looks to boost […]
Read more »Ghana is on course to tap into the multibillion-dollar global cannabis industry after its parliament approved a law enabling licenses to cultivate cannabis for industrial and medical purposes. As reported by Bloomberg, the move opens up opportunities for the cultivation of cannabis for fiber, seed or medical use in the West African country. Once enacted, […]
Read more »