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A gateway to West Africa, Ghana is about to take off

Posted by Business in Ghana on July 15, 2012

By Fiona Rintoul, from The Financial Times online

That Ghana and Nigeria now have space programmes is a measure of how much and how quickly Africa is changing. Ghana is a country that exemplifies the change.

Twenty years ago, Ghana was, says one local, “a basket case”. Today, it is one of the most politically stable nations in Africa with an established record of power changing hands peacefully. Viewed by some as “Africa-lite”, the nation of 25m, which should go peacefully to the polls again in December, is positioning itself as the gateway to west Africa.

“The difference between Ghana and other countries in the region is that everything – power, roads, institutions – more or less works,” says Edem Lassey, analyst at Investec Asset Management. Read the rest of this entry »

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