Research Briefing | Sep 17, 2021

Africa Country Insight: Ghana

Ghana managed to fight off the worst effects of the Covid-19 pandemic last year. While the country’s economic prospects remain largely positive, the slow Covid-19 vaccine rollout is expected to act as a drag on growth in the near term.

What you will learn:

  • Ghana’s capital, Accra, is the second-largest consumer market when compared with cities in neighbouring countries. Spending is only higher in Abidjan, Côte d’Ivoire.
  • The Covid-19 pandemic slashed Ghana’s tourism industry last year. Our estimations suggest that activity in the sector will only return to pre-pandemic levels around 2024.
  • Ghana’s Covid-19 vaccine rollout has been slow, and may prevent the country from fully participating in global economic activity in the near term, thus hampering growth prospects.
Back to Resource Hub

Related Services

Post

Asia Pacific: China-India – are all growth stories built on infrastructure?
Find Out More

Post

Europe: Among major southern cities, Madrid looks strongest

We are cautiously optimistic about the medium-term outlook for Europe's cities as a whole, but less sanguine about southern European cities than most others. They have tended to underperform in the past and will probably do so in the future. Madrid, the largest, has the strongest growth prospects of the larger cities.

Find Out More