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Finpro today's ghana and its economy JS Annan
 

Finpro today's ghana and its economy JS Annan

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Finpro Ghana-seminaarin 7.9.2011 esitysmateriaali.

Finpro Ghana-seminaarin 7.9.2011 esitysmateriaali.

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    Finpro today's ghana and its economy JS Annan Finpro today's ghana and its economy JS Annan Presentation Transcript

    • 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
      • Economic growth rate steady at 4-7% for past 10 years
      • Double digit growth rate expected in 2012 due to oil
      • Gateway to West African market
      Ghana Investment Seminar – Helsinki 2011
    • Value Proposition
      • Competitive telecoms sector
      • Oil producing nation
      • Developed banking sector
      Ghana Investment Seminar – Helsinki 2011
    • Synergies
      Ghana Investment Seminar – Helsinki 2011
    • Opportunities
      Ghana Investment Seminar – Helsinki 2011
    • Q
      &
      GHANA AFRICA’S GOLDEN GATEWAY
      A