Ghana's natural endowment is phenomenal thus providing basic raw materials for various industries. Ghana also has one of the best investment environments with long tax holidays, duty free settlements, immigrants quota, low capital requirments and free transferability of profits, dividends and related income.
Serious minded investors are therefore invited to explore any of the many potential investment areas.
Kai-Mera Group has identified the following as the best of the many areas of investment prospects in Ghana.
- AGRICULTURE
Fruits
Orange, lemon, lime, grape, ginger, mangoes, banana, avocados, guava and pineapples are cultivated on a large scale. Current production of citrus and pineapple is estimated at over 20,000 and over 60,000 metric tonnes annually. Production is concentrated in the Eastern, Central, Ashanti and Western Regions of Ghana.About 15,000 metric tonnes of pineapples are exported annually whilst a further over 10,000 metric tonnes are processed into juice locally. The remainder, about 35,000 metric tonnes is marketed locally in the form of fresh fruits.Citrus presently is not exported. About 90% of annual production is consumed fresh whilst 10% is processed into juice and concentrate for the local market. Opportunities await investors who may wish to process pineapples and citrus into fruit juice, jam, marmalade and cookies.
Tomatoes And Pepper
Current total production of tomatoes is over 200,000 metric tonnes and pepper over 180,000 metric tonnes. When the 2 items are in season, production exceeds demand and a lot is wasted because of lack of preservation and processing facilities. About 90% of tomatoes grown in Ghana are the type that can be processed into puree, past, juice and ketchup. Investors are welcomed to explore opportunities.
Pepper, peas, beans, garden eggs, okra and aubergines also present opportunities for canning.
Palm Oil Extraction
Enterprises could be set up to process the fruits into palm oil and palm kernel oil which are in large demand in Ghana. Apart from cooking, palm oil is also used for manufacture of products such as soap, margarine and baker's fat.
Value Addition In Cocoa Industry
Ghana's Cocoa Research Institute with assistance from UN Common Fund has successfully produced top quality cocoa brandy, cocoa wine and cocoa gin from Ghana's raw cocoa beans. The Institute has also successfully produced soaps and perfumes from raw cocoa. Ghana Cocoa Board is seeking overseas investors/partners to commercialize production. It also welcomes foreign capital investments in the downstream processing of cocoa for the export market, and is striving to develop international trade links. Investment in the 'golden pod' (cocoa) abound. Local and foreign investors are invited to take advantage of the attractive concessions and incentives offered by the Ghana Investment Code and the Ghana Cocoa Board.
- TOURISM
Private investment is very much needed to boost tourism development, especially in improving tourist facilities and services. The main investment area has been in the accommodation category. Investments are lucrative in various areas of accommodation establishments such as:
- Beach
- Lake And River Resorts
- Lodges And Camps In National Parks And Reserves
- Hill And Mountains Resorts
- Hotels Within Forts And Castles
- Camping Facilities
- Village Tourism Accommodation
- Urban Accommodation
- Recreational And Sport Facilities
- Water Sports
- Entertainment Facilities
Tour And Travel Services
Private tourism investment is most welcome in the above-mentioned areas not only in Accra but especially in the other 9 regions of Ghana. Each of the regions has a variety of attraction features, for example a national park or game reserve, historic monuments, or beautiful beaches or other scenic features. And it is a challenge to the potential investor to make the best of it.
- ENERGY
About 99% of the total electric power is generated from hydroelectric sources at two stations - Akosombo and Kpong. The Akosombo plant has 6 turbines with a total installed capacity of over 912 megawatts. Kpong's capacity is over 160 megawatts. Tema has a thermal plant with capacity of over 30 megawatts. A 300-megawatt thermal plant near Takoradi is almost completed. As a result of increased industrial activity, current demand for power far outstrips supply. Opportunities in the energy market include: -Gas transmission network in Ghana - possibility for investors to participate as equity partners in the establishment of a National Transmission Company. Investors could sell "excess" power on long term negotiated contract to the Ashanti Goldfields Company or into the National Grid at "avoided cost".Own and operate "open access" pipeline linking Tema to Takoradi on the site of Nyinahim Bauxite Deposit (note: alumina plant requires 28-56 mmscfd-ggs).
Electricity
With growth in annual electricity consumption currently over 12% - as result of an Economic Recovery Programme Ghana has embarked upon since 1985 - investment opportunities in Ghana's electric sector are enormous with promises of fast returns. For more details of investment opportunities contact:
- WASTE MANAGEMENT
Human Wastes (Sewage) / Animal Wastes
Large amount of methane gas can be generated from the huge sewage produced by the populace. Small and medium scale biogas plants could be established to convert the methane to useful energy.Opportunities exist to set-up fertilizer plants to convert these animal waste and human waste into soil conditioners.
Plastic Wastes
Large amounts of plastic waste are generated from both domestic and industrial sources. Currently their disposal is done in an environmentally unfriendly manner. Small and medium scale plants could be established to recycle these plastic wastes.
- TRANSPORTATION
Construction and provision of a safe Intercity Railway Transportation service across the nation.
Development and Provision of Lake and Water Transportation services across the nation.
