This summary was prepared by Whitehouse & Associates for the African Resource Network.
Ghana is considered an African success story, having enjoyed more than a decade of growth and stability. The economy is dominated by gold and cocoa production, but the government’s privatisation programme and the diversity of the economy into production of non-traditional exports has led to sustained growth and development.
Currently, 70% of South Africa’s exports to Ghana fall into four industrial categories. They are base metals and articles thereof, machinery and mechanical appliances, chemicals and vehicles and transport equipment. A large portion of these exports is probably destined for the mining sector, which is closely associated with the South African mining sector. There is potential to grow this business as well as exports to the wood and furniture industry and for consumer goods.
