5 Compelling Reasons to Invest in Ghana
Dr Jacob Whittingham Vigors
Property | Director at Ashby Property Group
Ghana is a hidden gem, bursting with potential and opportunity. With a thriving economy, rich cultural heritage, and abundant natural resources, this West African country is the perfect place to grow your business. Here are 5 compelling reasons to invest in Ghana:
?? 1. Competitive Corporate Tax Rate: Enjoy a 25% corporate tax rate, with no withholding tax on dividends and no restrictions on foreign ownership or control of businesses.
?? 2. Rapid Growth Rate: Ghana's GDP growth rate averaged 6.8% from 2017 to 2020, with a projected average growth rate of 6.5% from 2021 to 2023.
?? 3. Infrastructure Development: Ghana has invested heavily in road construction, energy infrastructure, and port expansion, improving transportation networks and access to markets and resources.
?? 4. Talent Tapestry: A large and youthful population, with a high literacy rate of 76.6%, provides a dynamic and growing workforce.
?? 5. Natural Resources: Ghana is the second-largest producer of gold in Africa, with significant deposits of bauxite, manganese, and oil, offering diverse opportunities for multiple industries.
So get involved - A-sap!