DTRT Apparel: With a USAID/Ghana grant of $760,000, West Africa's regional market leader in apparel manufacturing will leverage additional private investments to expand its existing garment manufacturing capabilities, with the goal of achieving more than $100 million in exports annually by 2025 and supporting more than 5,000 local workers. Ghana Supply Chains, Sales Agents & Distributors Although Nigeria remains the sectorial hub for West Africa, the relative ease of doing business in Ghana likely will attract a greater number of companies to establish a local or even regional presence in the market. Obtain and fill the Ghana Free Trade Zone Board application form for US$100 and submit with the following documents. A copy of your company's code. excitement about the sector's future potential for lead ing growth in Ghana, and seem to suggest . It reviews economic and political conditions and trends, identifies commercial opportunities for U.S. exports and investment, and reviews the overall investment climate in Ghana. Cashew exporters in Nigeria made $300 million in 2016 and $350 million in 2017, according to Tola Faseru, vice president of Africa Cashew Alliance. Unsurprisingly, the Ghana Export Promotion Authority has come closest to providing the requisite markets information for Ghanaian enterprise to identify markets, although this is done on a global rather than Africa -specific basis. some fast food outlets). Football Academy. Liaise with GEPA to educate exporters on export trade opportunities; Export Value Chain Support Unit; The unit will collaborate with the Logistics and Value Chain Division toprovide support services to the export sector to achieve growth and develop new value-added services for enhancing Ghana's export competitiveness. ACCRA - U.S. Deputy Secretary of Agriculture Stephen Censky led a trade mission to West Africa, October 28-31, to help United States exporters foster new opportunities in a region where strong economic growth is driving demand for American exports of food and farm products. Determine your product's Schedule B and HS numbers. Operating out of a free zone, the export-only business receives certain incentives . Some have been successful (notably retail grocery outlets), while some have failed (e.g. Private/Home Tuition. It however faces several challenges that hinder foreign direct investment, among them costly and difficult financial services and lack of government transparency. . Last Published: 12/3/2018. The law provides exemptions for government, diplomatic personnel, NGO's and some others. Goods and services to this sector represent a significant opportunity for U.S. companies. Ghana needs to sustain and scale up both traditional and non-traditional agricultural export sectors. A copy of the certificate to commence business. Best, Paulo Cruz Ghana's position as a major exporter of gold affords investors the opportunity to refine the gold and produce jewellery for export. Africans are known to have unrivaled love for football and Ghanaians are not exempted. Ghana has a stable political system, wealth of natural resources and a dynamic economy which is flourishing. Ghana was the UK's fifth largest export market in Sub Saharan Africa in 2014 with bilateral trade in goods and services totalling £1.05 billion. The trade mission was based in Accra, Ghana, and included buyer delegations from Côte d'Ivoire, The Gambia, Nigeria . The mining sector, including gold, bauxite, manganese and diamonds, is a significant part of the Ghanaian economy. 3/19/2019. In a bid to project Ghanaian businesses on the global stage, the Ghana Export Promotion Authority (GEPA) has launched a national trade information portal known as 'Ghana Market Hub'. EXPORT OPPORTUNITIES HORTICULTURE • Ghana produces a variety of fresh fruits and vegetables. First gas is commenced in July 2018. In 2018, the GEPA offered ¢600,000 to the . The domestic . Ghana has made a lot of strides in the development of trade as it gears towards becoming a middle income country by 2015. It has earned accolades for its peaceful political transition and firm commitment to democracy which has expedited the growth in Foreign Direct Investment (FDI) flows to the country. Last Published: 12/3/2018. Together with this a major industrial park is being developed: WESTPARK (www.westparkghana). . Includes import documentation and other requirements for both the U.S. exporter and foreign importer. Start Coffee Exporting Business A coffee export business involves exporting a wide variety of coffee, either raw coffee beans and finely packaged coffee, from Ghana to other countries where they are either processed or consumed. Economic and population growth. Commercial crops that have opportunity to flourish in Ghana include cocoa, palm oil, coconut, coffee, cotton, kola and rubber, cassava, yam, maize, rice, millet, sorghum and plantain, mango, tomato, pepper, okra, eggplant, onion , pineapple, citrus, banana, and cashew. Another important point is that this is also considered by many, the entry point to West Africa. Ghana - Seizing New Agribusiness Opportunities* Denise Wolter Ghana has a two-speed agricultural sector: export-oriented agriculture is growing strongly, while food crop production is lagging behind. Ghana Export Promotion Authority (GEPA) was established by Act 396 in 1969 with the mandate to develop and promote Ghanaian exports. With USAID/Ghana's $742,000 grant, and private investments of $4.5 million, AMAATI will work with 5,800 landless women farmers in northern Ghana and will help create a new West African global value chain for increased exports of fonio. Trade. The . Answer: Depends if you are importing or exporting from or to Ghana. If importing into Ghana then it's easy: go to the AliExpress app and find something to sell in Ghana. It's not impossible just takes time and thoug. PDF | On Jan 1, 2014, Y.R. FInally, with travel and tourism contributing GHC 4.9 M ($ 1.2 M), which is 3% of the country's GDP in 2016, and a forecast that this will to rise by 5.6% to GHC 5.2 M in 2017, and by 5.1% per annum to GHC 8.6 M ( $2 M) (2.9% of GDP) by 2027, the future can only get brighter. Ghana is the world's leading cocoa producer. Ghana covers an area of 238,535 km 2 (92,099 sq mi), spanning diverse biomes that range from coastal savannas to tropical rain forests. Ghanaians love their football wholeheartedly and so you can tell that investing in football will be quite lucrative. The mining sector, including gold, bauxite, manganese, diamonds and salt, is a major contributor to the Ghanaian economy. Facebook. Used and refurbished equipment from respected global brands have the most immediate opportunities for success in Ghana. Ghana is a dynamically developing democracy of Western Africa. Metal/Hand Tool Fabrication. •Integrated Bauxite-Alumina - Aluminium . Ghana currently exports unrefined gold. Attractiveness of Ghana for the development of franchise business . A company requiring Certificate of Origin is obliged to complete and return to the Chamber's office, the Documentation Service Registration Form which captures the company's name, authorized signatories, and manufacturing cost statement. The country owes this status to strong exports of cocoa, gold and oil. Ghana for 3.6 million tonnes and Cote d'Ivoire for 4.8 million tonnes. Date. Opportunities The Commercial Service in Ghana maintains close contacts with distributors of U.S. manufactured mining equipment. To scale up, Reimers secured investment from a mid-sized German chocolate company and the factory was completed in 2020. INVESTMENT OPPORTUNITIES •Gold Refinery and Value Added Products -Ghana produces about 4 million ounces of gold per annum. Internship. Trade Problems Get assistance with customs-related issues. This is the leading export port of Ghana, from where also the Oil & Gas activity is based. Ghanaian companies can export more than 6,500 goods duty-free to the United States today, and the AfCFTA opens up a $3.4 trillion market. In general, all imports are subject to customs duties. Ghana currently exports unrefined gold. As oil and gas production shows moderate growth, opportunities for auxiliary services to the industry will continue to rise. Saavedra Gonzalez and others published Vegetables Business Opportunities in Ghana: 2014 | Find, read and cite all the research you need on ResearchGate AMAATI will use American-made John Deere equipment and sell to Century Green and Mayaresa in the American . Hajia Alima Mahama, Ghanaian Ambassador to the United States highlighted the key role of these intra-African trade initiatives in providing enormous growth opportunities for women-owned businesses. Ghana's top 5 exported products are gold, crude oil, cocoa beans, cocoa paste, then cashew nuts and coconuts. These co-investments will help these companies access African and U.S. markets, while creating jobs here in Ghana," said Ambassador Sullivan. Verify the tariff rate for your product, as well as any import fees for a particular market. The law provides exemptions for government, diplomatic personnel, NGO's and some others. In the past, export has accounted for . High average agricultural growth rates of 5.5 pe rcent over the past five years have generated. TOMA IMIRHE looks for where the opportunities are and what businesses in Ghana. The Swiss Government through the State Secretariat for Economic Affairs (SECO) and the Ghana Export Promotion Authority (GEPA) supported the launch which took place last Thursday in Accra. Best, Paulo Cruz Top UK goods exports to Ghana include: beverages. Corn, rice, taros, yams, cassava, plantains, sorghum, millet, cattle, coffee, fruits, palm oil and kernel, rubber, copra, cotton, kola nuts, and limes, are farmed in Ghana for sale in the domestic market and for export to countries abroad. Current oil production is expected to increase by more than 200 percent by 2019, which will contribute to Ghana's economic growth and its foreign exchange reserves. Export of non-traditional products brought in $400 million between January and March of 2010 and international demand for them is high. With a current capacity of around 300,000 bars each month, Fairafric exports the majority of its chocolate to Germany, Switzerland and France. Ghana (/ ˈ ɡ ɑː n ə / ()), officially the Republic of Ghana, is a country in West Africa. • Key products are Banana, Mango, Shea, Citrus, Avocado, Papaya, Passion Fruit, Yam, Palm Oil, chillies, Asian Vegetables and Soya. Other exported products include cocoa beans, timber, and minerals. Tullow Oil is looking to appoint an Operations Readiness and . The market hub is to help guide producers and exporters do business with accredited and registered companies licensed to engage in exports. Exports The top exports of Ghana are Gold ($5.93B), Crude Petroleum ($2.71B), Cocoa Beans ($1.28B), Cocoa Paste ($414M), and Coconuts, Brazil Nuts, and Cashews ($361M), exporting mostly to Switzerland ($3.07B), United Arab Emirates ($1.64B), China ($1.52B), India ($1.18B), and Netherlands ($697M). This includes Burkina Faso, Mali, Ivory Coast and others. There are no specific . Export Opportunities (2) •National and International findings-Nepal trade and Integration strategy 2010 with 24 Products for export •A recent study by Felipe, Kumar and Abdon (2010) Among the 96 non-high income countries, Nepal ranks 33 while China and India rank second and third, respectively. Ghana: Ghana is a promising new market for U.S. exporters. This is the leading export port of Ghana, from where also the Oil & Gas activity is based. Trade with Asia (China in particular) is . Facebook Twitter WhatsApp LinkedIn. With an estimated untapped potential of over US$ 600 million for Ghana's cashew in-shell, Ghana exported about US$ 391,401. A recently commissioned gold refinery could serve other gold producers in the sub region -The refinery will also provide refined gold for downstream value addition to gold. U.S. As there is a strict lockdown in Ghana, laborers cannot go to the field and work due to . The agribusiness sector in Ghana is still rudimentary, with little growth or development over the last decades, however new markets and business opportunities exist for the sector to rake in millions of US dollars in revenue, while creating thousands of jobs. November 9, 2020. . Ghana has several opportunities for investors including abundant raw materials including gold, cocoa, and oil/gas. A copy of the certificate of incorporation. Published 20 May 2022. The Ghanaian government is pursuing the expansion of local value added processing. Again, this would be a boost for the future of football in Ghana along with proving to be a good business opportunity. Position Title: Video Editor (Internship) Unit: Communication Department: Research, Programs and Advocacy Full-Time: Six Months Specific Duties to Be Performed: To provide skilled . Register or incorporate your company in Ghana. Together with this a major industrial park is being developed: WESTPARK (www.westparkghana). Ghana - Import Requirements and Documentation. Details. Learn about export documents, including Electronic Export Information filing, invoices, packing lists, and certificates of origin. Export opportunities for South Africa in selected African countries Key destinations for Africa's exports Whereas Africa's trade with external partners, particularly emerging economies, has been growing relatively fast, trade among African countries remains largely stagnant in relative terms. Ghana's developing healthcare system, tourism sector, roads, rail, shipping, and port infrastructure offer opportunities for U.S. companies. Ghana's Atlantic ports and daily direct flights from the United States make it an excellent platform for doing business in Africa. For example, exporters reported $2.2 billion in agricultural exports to Benin in 2014, but Benin itself only reported imports of $426 million, meaning about $1.7 billion in goods was trans-shipped to other countries. Another important point is that this is also considered by many, the entry point to West Africa. 11/May/2022. Consular services are also available at the Ghana Permanent Mission to the UN at 19 East 47th Street, New York, NY 10017, telephone (212) 832-1300, and the Honorary Consulate of Ghana . If exporting from Ghana then it may be harder to find a central market for B2B. This form only needs to be completed once, however, the Chamber should be notified . Oil production in the Sankofa fields began in 2017 with an estimated 1.5 trillion cubic feet of gas and around 500 million barrels of oil. Keep up the great work Dr. Harnet! Investments in this sector, which will lead to value addition to the unrefined gold, will yield great returns for business. EXPORT OPPORTUNITIES HORTICULTURE • Ghana produces a variety of fresh fruits and vegetables. Keep up the great work Dr. Harnet! Ghana - Import Requirements and Documentation. In 2014, U.S. exports accounted for only seven percent of Ghana's $1 . Export Documentation. The Lands and Natural Resources Ministry in Ghana has placed a total ban on harvest of the Rosewood. As Ghana's neighboring markets grow their mining activity, many of the mining equipment distributors based in Accra are beginning to serve those markets. Ghana on its way to an ICT hub Ghana is developing as a regional hub. 1. Opportunities exist in the metal/hand tool fabrication industry for investment. June 17, 2011 Editorials/Opinion Comments Off on Improving Ghana's market opportunities and export development. . Travelers should obtain the latest information and details from the Embassy of Ghana, 3512 International Drive NW, Washington, DC 20008; telephone (202) 686-4520. Value added information and support services are provided to Ghanaian exporters on the projects funded by . Key sections include a listing of best prospects, in-depth information about doing business in Ghana and an economic roundup. Low-cost labour, a national airline with well over 100 passenger . At . As at August 2017, the Ministry of Lands and Natural Resources had permitted 25 companies to salvage rosewood from the Brong . Ghana's response to COVID-19 The Ghana economy is based on agriculture and industry. The Group has interests in over 70 exploration and production licenses across 16 countries. The . However, the sector needs a savvy executive leadership, and new and innovative lending . It allows 100% foreign ownership of businesses (with capital requirements) and has free zones where goods traded with other countries are exempt from customs duties. It spans the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with the Ivory Coast in the west, Burkina Faso in the north, and Togo in the east. Africans are known to have unrivaled love for football and Ghanaians are not exempted. The Ghanaian government is pursuing the expansion of local value-added processing. Goods and services exports in this sector represent a significant opportunity for U.S. companies. As with many others opportunities in Ghana, financing plays a key role in the construction equipment sector. An expert has advised small- and medium-scale enterprises to leverage Nigeria's economic opportunities by exporting their products. Export Documentation. Export-Oriented Investment Opportunities abound in Ghana: GEPA tells Latvian Businesses As part of its mandate to develop and promote the Ghanaian offer in respect of non-traditional exports (NTEs), the Ghana Export Promotion Authority (GEPA) joined other national trade promotion organizations (TPOs) to entice Latvian businesses to invest in Ghana. Maize Production Maize is one of the most popular food crops in the Ghanaian markets and it is grown in all the ecological zones of the country. Ambassador Stephanie S. Sullivan today announced new co-investments by the U.S. Agency for International Development (USAID) totaling $4.2 million with five companies operating in . Ghana - Agricultural Sectors Ghana - Agricultural Sectors This is a best prospect industry sector for this country. Therefore, a professional football academy could prove to be a good investment opportunity in Ghana as young players would like to train themselves for the higher level. The Bank's Research and Advisory Services Department offers a diverse range of information, advisory and support services, which enable exporters to evaluate international risks, exploit export opportunities and improve competitiveness. Functions: Tullow Oil new logistics Import and Export Coordinator jobs in Ghana 2022. The Ministry has directed the Forestry Commission to suspend the processing of permits for the exportation of rosewood. Regarding export of chocolate, Ghana's total earnings of the product and other food preparation containing cocoa recorded annual income of US$13.4 million in 2019, representing an increase of 16 . Add Request Free Drywall import request Ghana I need American standard dry wall system for large project in Ghana drywall gypsum Import 10 Ghana in 9 hours Bags import request Ghana Am interested in shipping for Bag's bag Includes import documentation and other requirements for both the U.S. exporter and foreign importer. The discovery of oil in Ghana is expected to increase the export industry's share of GDP to about 5%. In the past year we have seen inroads for Harley Davidson, Pinkberry and Burger King while South African franchises in particular have been active in the Ghanaian market in recent years. U.S. Football Academy. Ambassador Stephanie S. Sullivan today announced new co-investments by the U.S. Agency for International Development (USAID) totalling $4.2 million with five companies operating in Ghana . Ghana's Agriculture market is projected to reach a CAGR of 4.2% during the forecast period (2022-2027). Ghana's population is 29.6 million and increasing by 2.1% per year (FCO, 2019). Ghana reiterated its commitment to connecting its women-owned businesses to broader export opportunities. It is the second largest economy in the region. That dollar amount reflects a 13.2% increase compared to the $10.7 billion worth of exported goods in 2016, but a -28.1% decline from 2019 to 2020. Video Editor (Internship) at Ghana Center for Democratic Development (CDD-Ghana) Internship. Exporters should seek to identify reliable partners that can represent their company's interests on the ground . For those who may want to venture into the business, the Ghana Export Promotion Authority (GEPA) has opportunities available to support the sector. ACCRA, June 28 (Reuters) - Ghana is struggling to hit its cocoa export sales targets for the 2021/2022 season, with sales at the end of last week totalling around 350,000 tonnes-worth of export . Speaking at a one-day . Investments in this sector, which will lead to value addition to the unrefined gold, will yield great returns for business.
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