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Brickwork Sourcing




  Ghana - Africa’s New Investment Hot Spot

  November 14, 2012
  Procurement Consulting – Brickwork Sourcing


                                  Brickwork India (Confidential)
The Influx of Foreign Direct Investment (FDI)
 Ghana is the third largest recipient of foreign direct investment (FDI) in
  Africa for 2011
 The FDI inflows at the end of 2012 was US$3.2 billion, which is 60% more
  than what Ghana received in 2009
 The US invested US$407.21 million, ranking first in terms of invested
  money
 95 new projects were registered in 2012, 200% more than 2011; a total
  investment value of US$1.18 billion
 52 of the 95 projects registered with GIPC were wholly-foreign-owned
  enterprises valued at US$422.77
 Ghana had attracted US$7 billion worth of FDI in 2011.




                                                                               2
The Ghanaian Resurgence
 Increased attempts to increase value of both human and natural
  resources
 Encouragement from government bodies such as Environment and
  Science and Technology to enhance knowledge in various competitive
  fields, such as ICT, etc.
 Government initiatives such as distributing free laptops to spread
  technological know-how
 A favorable macro-economic environment created by the government of
  Ghana




                                                                        3
The Resources
 Rich reserves of natural resource such as Cocoa (world’s second leading
  producer), forestry, gold and other metals, diamonds and other precious
  stones and industrial minerals
 Ghana’s abundant oil reserves
 Ghana has almost twice per capita as compared to other West African
  countries
 Ghana acts as the gateway to Western Africa’s 250 million consumers
 Ghana has close ties with the US and British businesses and acts as an exit
  point for many of the landlocked countries
 Ghana’s fast-growing reputation as a politically stable and culturally
  tolerant country




                                                                                4
About Brickwork Sourcing

  Brickwork is the pioneer of the Virtual Office business. We provide virtual support for
  businesses across the globe. Our well informed Remote Sourcing Analysts (RSAs) can
  provide support at any or all stages of your sourcing lifecycle. Your Virtual Sourcing Office
  can be a large team of analysts supporting large companies with established procurement
  processes or a one-man-show to function as your entire procurement office.




  Disclaimer
  “The information contained in this document that includes text, graphics and links, are provided on an “as-is”, "with all faults" and "as
  available" basis and are without warranty of any kind. While Brickwork relies on sources that are believed to be reliable, it cannot rule
  out errors in judgment or application. The document is intended for “information” and “general guidance” purposes only.” Investment
  decisions and/or other decisions based on the conclusions and potential strategies mentioned in the document are not necessarily
  endorsed by the Brickwork management.”                                                                                                      5
Brickwork Sourcing




  http://www.brickworksourcing.com/


  THANK YOU
  Contact:
  info@brickworksourcing.com
  Sanjeeth Hegde
  India: +91 (80) - 4040 – 9999 (218 Ext)
  15 November 2012

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Ghana - Africa’s New Investment Hot Spot

  • 1. Brickwork Sourcing Ghana - Africa’s New Investment Hot Spot November 14, 2012 Procurement Consulting – Brickwork Sourcing Brickwork India (Confidential)
  • 2. The Influx of Foreign Direct Investment (FDI)  Ghana is the third largest recipient of foreign direct investment (FDI) in Africa for 2011  The FDI inflows at the end of 2012 was US$3.2 billion, which is 60% more than what Ghana received in 2009  The US invested US$407.21 million, ranking first in terms of invested money  95 new projects were registered in 2012, 200% more than 2011; a total investment value of US$1.18 billion  52 of the 95 projects registered with GIPC were wholly-foreign-owned enterprises valued at US$422.77  Ghana had attracted US$7 billion worth of FDI in 2011. 2
  • 3. The Ghanaian Resurgence  Increased attempts to increase value of both human and natural resources  Encouragement from government bodies such as Environment and Science and Technology to enhance knowledge in various competitive fields, such as ICT, etc.  Government initiatives such as distributing free laptops to spread technological know-how  A favorable macro-economic environment created by the government of Ghana 3
  • 4. The Resources  Rich reserves of natural resource such as Cocoa (world’s second leading producer), forestry, gold and other metals, diamonds and other precious stones and industrial minerals  Ghana’s abundant oil reserves  Ghana has almost twice per capita as compared to other West African countries  Ghana acts as the gateway to Western Africa’s 250 million consumers  Ghana has close ties with the US and British businesses and acts as an exit point for many of the landlocked countries  Ghana’s fast-growing reputation as a politically stable and culturally tolerant country 4
  • 5. About Brickwork Sourcing Brickwork is the pioneer of the Virtual Office business. We provide virtual support for businesses across the globe. Our well informed Remote Sourcing Analysts (RSAs) can provide support at any or all stages of your sourcing lifecycle. Your Virtual Sourcing Office can be a large team of analysts supporting large companies with established procurement processes or a one-man-show to function as your entire procurement office. Disclaimer “The information contained in this document that includes text, graphics and links, are provided on an “as-is”, "with all faults" and "as available" basis and are without warranty of any kind. While Brickwork relies on sources that are believed to be reliable, it cannot rule out errors in judgment or application. The document is intended for “information” and “general guidance” purposes only.” Investment decisions and/or other decisions based on the conclusions and potential strategies mentioned in the document are not necessarily endorsed by the Brickwork management.” 5
  • 6. Brickwork Sourcing http://www.brickworksourcing.com/ THANK YOU Contact: info@brickworksourcing.com Sanjeeth Hegde India: +91 (80) - 4040 – 9999 (218 Ext) 15 November 2012