Ghana has a number of big advantages over other countries in the region in terms of geography, institutions and human capital. Members of the Akan ethnic group make up about half of the population, meaning that Ghana has less of the ethnic fragmentation plaguing many post-colonial states. It could also mean providing export-oriented factories with cheap dedicated sources of electric power, because generation has been a problem in Ghana. The raw materials for a Ghanaian manufacturing boom are there. And both China and other industrialized nations are clearly interested in Ghana as a production base for the burgeoning West African market.

Source: GhanaWeb February 10, 2020 00:56 UTC