Ghana is becoming the focus points for foreign investment in the Gulf of Guinea’s area. As a matter of fact, in the 2010-2011 period Foreign Direct Investment Grew by a 500%. Other features, as an expected average growth of 7.5% in the period 2013-2016 or a 13.6% GDP growth in 2011 help to identify the country as a potential winning bet.
Mining is one of the main pillars on the country’s economy. Ghana has two billion ounces of gold, 100 million karats of diamonds (4th in the world), 400 million tons of bauxite, and 49 million tons of manganese (third in the world) in reserves.
Furthermore, Ghana’s current and planned port installations are driven in the way to make the country the main maritime transportation hub in the region.
The country is enjoying a big renewal energies development, focused the solar energy systems, with an installed capacity of 3.2MW, and its wind power. Chief Director at the Ministry of Energy Professor Thomas Mba Akabzaa places the gross wind electric potential in about 5,600MW. The country is also making efforts on bio-energy potential and bio-mass energy and the different dams distributed along the country raise the hydroelectric potential production of the country up to 2500MW.