Wednesday, February 21, 2024

Business Registration

Business Registration

Cost Of Doing Business

Credit: GIPC
Credit: GIPC

Step 1: Business Registration at Registrar General’s  

All Limited Liability companies are expected to fill out the relevant Application Forms, which serve as the Company’s Regulations. All companies must have an auditor, who must be a member of the Institute of Chartered Accountants, but should not be an officer or servant of the company or be an employee or partner of such persons. When all such forms have been filled satisfactorily and relevant fees paid, a Certificate of Incorporation and a Certificate to Commence Business are issued.

Step 2: Register with the Centre (GIPC)

The GIPC is responsible for registering all Enterprises in Ghana.

Application Procedure: Investors are required to complete Investor Registration Forms (Form GIPC/R1) in triplicate. Within five (5) days from the date of orderly receipt of these forms (and its attachments) the GIPC will formally register the investment.

Below is a sample form






Credit: GIPC

Labor and Employment

The Labour Act 651 of 2003 regulates employment and labour issues in Ghana. This Act consolidates all laws relating to labour, employers, trade unions and industrial relations.

The Value of Labour

The current minimum wage is at GHS 5.24 per day as at April, 2013.  Also below is the average salary for unskilled, semi-skilled and skilled workers.

Credit: GIPC
Credit: GIPC

Ghana Immigration Service

The Ghana Immigration Service has been established as the agency of the government of Ghana to advise on and to ensure the effective implementation of all laws and regulations pertaining to immigration and related issues. The Ghana Immigration Service is mandated to regulate and monitor the entry, residence, employment and exit of all foreigners. Movement of Ghanaians in and out of the country is equally monitored.

Credit: GIPC
Credit: GIPC


Credit: GIPC
Credit: GIPC



Current utility tariffs announced by the Public Utilities Regulatory Commission


Credit: PURC
Credit: PURC


Rent in Ghana

Office Rent

  • There are a number of buildings springing up for letting for businesses located mainly at prime areas in Accra and Tema. Broll Ghana Limited is the property manager for most commercial properties in Ghana.
  • The average retail rent is US$ 60 to US$ 65 per square meter, and the average price for an office space is US$ 35 to US$ 40 per square meter.  Broll can be contacted via this or .

Residential Accommodation

  • Average annual rent for expatriates three-bedroom homes ranges from US$ 42,00 to US$ 50,000
  • Rents in the Western port town of Takoradi average US$ 7,000 per month, according to data compiled by Broll. Two bedroom facility ranges between GHC250 to GHC 500 per month on the average.
  • For house prices the price of a two unit bedroom house with kitchen and washroom range averagely about U$D 50,000(Note prices could be less or more than figure shown).Contact the Ghana Real Estates Developers Association on

Land for Development (49 years for Lease)

  • Residential —————– US$ 5,000 to US$ 150,000 / 100’ x  80’
  • Industrial Land —————— US$ 30,000 to US$ 150,000 per acre
  • Farm Land ———————— US$ 35.00 to US$ 50.00 per month

*Please note that prices here are only indicative

Laws and Regulations


Business and the Law

Business law conforms to international norms and is based on a framework of legislation relating to business activity, copyrights, patents, trademarks, disputes and labour relations. Ghana subscribes to a number of international conventions on industrial and intellectual property. There are numerous public sector agencies as well as private legal, business consulting and accounting firms, which can provide expert guidance on doing business in Ghana.

Sanctity of contracts ensures respect for commercial rights and obligations. Damages are compensatory, not punitive, and an independent court system ensures equitable protection of rights. Mediation, arbitration and other forms of dispute resolution are routinely used.

The Key Investment related legislation in Ghana is the Ghana Investment Promotion Centre  Act 2013, Act 865. There is also a Technology Transfer Regulations, 1992, LI 1547

Businesses operating in Ghana need to be familiar with the following Legislations:-

The Companies Act, 1963 (Act 179)
Ghana Free Zones Act, 1995 (Act 505)
The Internal Revenue Act, 2000 (Act 592)
Fisheries Act, 2002 (Act 625)
Forestry Commission Act, 1999 (Act 571)
National Communications Authority Act, 1996 (Act 542)
Petroleum (Exploration & Production) Law, 1984 (PNDCL 84)
The Minerals Commission Act, 1993 (Act 450)
The VAT Act, 1998 (Act 546)
Banking Law, 1989 (PNDCL 225)

Environmental Conservation Act

The Labour Act, 2003 (Act 651)

Foreign Exchange Act, 2006 ( Act 723)

Investment Guarantees

Ghana Investment Promotion Centre Act, 2013 (Act 865), provides guarantees including prohibition against discrimination and expropriation to all enterprises. Subject to the Foreign Exchange Act, 2006 (Act 723) and the Regulations and Notices issued under the Foreign Exchange Act, an enterprise is guaranteed free transferability through any authorized dealer bank in freely convertible currency of dividends or net profits attributable to a foreign investment; payments in respect of loan servicing where a foreign loan has been obtained; fees and charges in respect of a technology transfer agreement registered under this Act and remittance of proceeds (net of all taxes and other obligations) in the event of sale or liquidation of the enterprise or any interest attributable to the investment.


Ghana is a member of the Multilateral Investment Guarantee Agency (MIGA) of the World Bank, which provides investment guarantees against non-commercial risk for investments in developing countries. Additionally, the Government has entered into bilateral Investment Promotion and Protection Agreements (IPPAs), as well as double taxation treaties with a number of countries to further enhance the protection and security of the investment regime.

Government Policy

President John Dramani Mahama, on 7th January 2013 promised that, as the President of Ghana he will work hard to place the nation on the right path by leading the country to overcome the hurdles and past obstacles that have threatened it from meeting it goals.

In delivering his state of the nation address he mentioned that partnership with the private sector has brought accelerated growth and development of the economy. To deepen the implementation of the Private Sector Development Strategy (PSDS) II, The president has inaugurated a Private Sector Advisory Council under his chairmanship to cover all major aspect of private sector development. He asserted that as a policy he is requesting his public officials to give priority to the Ghanaian Private sector in goods and service where they are competitive in value, quality and delivery.

Ghana improved from the 92nd position in 2009 to the 63rd in 2012 on the World Banks “Ease of Doing Business Index” as it witnessed impressive development in roads and social infrastructure in the last two decades with a private sector playing a pivotal role. The Ghana Investment Promotion Centre (GIPC), he said was in the process of transformation to meet the challenges of the 21st Century Investor. He stated that a well designed and efficient public sector working in partnership with a private sector will be instrumental in its objectives to deliver a prosperous nation. He again mentioned that his administration will pursue economic development with a sense of urgency in order to create new jobs particularly for the youth and in partnership with the private sector, expand its infrastructure in a manner that will accelerate economic growth.



  • Agriculture & Agro-Processing
  • Cotton & Textiles
  • Food Processing
  • Forestry
  • Health
  • Horticulture
  • Mineral Processing
  • Oil & Gas
  • Tourism
  • Utilities

Agriculture & Agro-Processing

If you want to do Agric Talk to:

Michael A. Acheampong
+233 302 665125

 Evans Elvis Acquaah

233 302 665125


Investment opportunities

  • Provision of agricultural inputssuch as improved seeds and agrochemicals including fertilizers, pesticides and herbicides. Veterinary drugs, vaccines and chemicals; animal feed and feed ingredients are also required.
  • Opportunities exist in the processing ofagricultural products such as cereals (maize, rice, millet) starchy crops (yam, cassava. Sweet potato, plantain), vegetables (carrots, cabbage, garden eggs, tomato), fruits (pineapple, pawpaw, banana, mango), industrial crops (rubber, sugarcane, cotton, oil palm, coconut, cocoa, coffee), livestock (cattle, pigs, poultry, sheep) and fisheries (tuna, tilapia, catfish). Rearing of silk worm for the production of raw silk.
  • Additionally there is a need for the processing of dairy productsas well as the supply of machinery to establish hatcheries for day-old chicks.
  • Floricultureoffers a lot of opportunities as Ghana’s climate and topography make the country suitable for the cultivation of a number of exotic flowers. Species such as heliconia, caribeacelosiacurcumagladioli, hibiscus, roses, ornamental palms and ferns perform well under natural conditions. There is potential in the national, regional and European Union markets
  • Investment opportunities exist in the agro-processingindustry to add value, reduce post-harvest losses, promote price stability and expand demand for local agricultural produce. For example, with the processing of cocoa beans into cocoa products and fruits into fruit juices among others.
  • Developing irrigable land through irrigationis another key area. While Ghana has a potential irrigable area of 346,000 hectares, only 10,000 hectares have been developed.
  • Technological and support servicesalso require investment. Key areas are in the supply and installation of cold chain equipment, packaging and factory building technology
  • In the distributionfield, companies are required to provide post-production services in transport, packaging and cold vans.
  • There are further opportunities in standards, training and certification; capacity building for management and market-oriented enterprises; market intelligence research and in the development of agricultural finance and insurance.
  • Investment opportunities exist in the production of agricultural inputssuch as fertilizers, pesticides and fungicides.
  • Technologyand services in the agricultural sector which include irrigation, heavy equipment hiring (i.e. hiring of tractors, ploughs, harrows and combine harvesters etc) provide investment opportunities.
  • Investment opportunity also exists in the storage industry. Inadequate and inappropriate storage facilities are constraints to agricultural production thereby contributing to high post-harvest losses and low returns for farmers and processors.

The market

Ghana commands a great share of the African quota of EU market in fruits and vegetables export. Other leading processed agricultural export products were processed tuna, cut fresh pineapples, other prepared fish and tomato paste.

Cocoa has historically been a key economic sector and a major source of export and fiscal earnings. Ghana is the second largest cocoa-growing country in the world.

The leading non-traditional products were Fresh or chilled tunas, Shea nuts, Cashew, Fresh or chilled fish, yams, Banana and Pineapples.

Sector Overview

From Ghana’s total land area of 23.9 million hectares, about 57% is suitable for agricultural purposes.

The country is classified into three main agriculture zones. The forest vegetation zone consists of parts of Western, Eastern, Ashanti, Brong-Ahafo and Volta Regions. The northern savannah vegetation zone includes the Upper East, Upper West and Northern Region while the coastal savannah includes mainly the Central, Greater Accra and parts of Volta Region.

The northern savannah zone is the largest agriculture zone. Most of the nation’s supply of rice, millet, sorghum, yam, tomatoes, cattle, sheep, goat and cotton are grown in the region. In recent times, mango and ostrich commercial farms are also gaining footholds in the northern zone.

The coastal savannah is notable for rice, maize, cassava, vegetables, sugar cane, mangoes and coconut, as well as livestock. Sweet potato and soybean crops are viable in this agro–ecological zone, under irrigation. The lower part of this zone is drained by River Volta. Together with other streams and lagoons, these water resources present opportunities for fish farming or aquaculture.

In the forest zone where rainfall is plentiful, cocoa, coffee, oil palm, cashew, and rubber are cultivated as is the majority of plantain, banana and citrus supplies crops. The major strengths of the sector include a diversity of commodities, well-endowed drainage basin, a well-established agricultural research system and a relative proximity to the European market.

Agriculture contribution to GDP over the years has shown a steady reduction from 35.4% in 2006 to 25.6 in 2011.  The growth rate of the sector however doesn‘t show any clear trend. The growth rate reduced from 4.5% in 2006 to 4.3% in 2007, increased to 5.3% in 2008 and finally reduced to 0.8% in 2011.

Additionally, the agriculture sector recorded a growth rate of 2.6% against a target of 4.8% in 2012 and an actual outturn of 0.8% in 2011.

Sector Earning In Foreign Exchange

About USD 4.23 billion was generated, representing a 70% increase over 2010 earnings of USD 2,490 billion. This however, excludes income from the cocoa sector during the same period. The increase in the export values of horticultural commodities is attributed to increase in quantities exported resulting from strategic initiatives that MOFA in collaboration with other partners are implementing to ensure GlobalGAP compliance by farmers and exporters.



Credit: GIPC
Credit: GIPC

Cotton & Garments

If you want to do cotton and garments , talk to:


+233 302 665125-9

Credit: GIPC
Credit: GIPC

Sector Overview

Textile manufacturing in Ghana is an industry consisting of ginneries and textile mills producing batik, wax cloth, fancy printed cloth and Kente cloth. Firms have located in Ghana to serve local and regional markets with printed African patterned fabrics. The industry has shown signs of significant growth in recent years, promoting high-quality traditionally designed fabrics as “Made in Ghana” to niche markets, especially the US.

Ghanaian textile companies prefer to locate within designated industrial areas to take advantage of Ghana’s free zone regime and stable operating environment. Today, Ghana’s textiles industry include vertically integrated mills, horizontal weaving factories and the traditional textile manufacturing firms involved in spinning, hand-weaving and fabric-processing.

Textile exports include:

  • Cotton yarn]
  • Cotton fabric
  • Printed fabric
  • Polyester fabric
  • Blankets
  • Bed sheets

The dry, savannah climate in the northern regions of the country is ideal for the cultivation of cotton, which is the primary material used by mills, weavers, batik, and tie-dye manufacturers in Ghana.

The industry is supported by National Vocational Training Institutes throughout the country. These institutes provide basic practical and theoretical training in tailoring and dressmaking. There are also a growing number of private fashion design institutes and internationally acclaimed designers that teach latest techniques to aspiring textile designers.

The government has initiated various policies aimed at restructuring and improving the textiles industry. The objectives include

  • Increase of employment opportunities for the growing population
  • Expansion and diversification of the economy
  • Promotion of both domestic and foreign investment


Food Processing

If you want to do Food processing, talk to:

The Director

+233 302 665125-9



Investment opportunities exist for producers and processing companies in the following areas:

  • Companies to process maize, yams, cassava, oil palm, citrus, mango, cashew, coconut, cowpea and traditional vegetables e.g. tomatoes, pepper
  • Production of value-added cocoa and coffee products
  • Production of improved seeds and agro-chemicals (fertilizers, pesticides, weedicides)
  • Processing of dairy products
  • Production of inputs such as fertilizers, pesticides, and fungicides

Raw Materials

  • Processors and manufacturers to supply packaging materials
  • Producers to supply planting materials
  • Production of horticultural products for processing (e.g. maize, yams, cassava, oil palm, citrus, mango, cashew, coconut, cowpea and traditional vegetables e.g. tomatoes, pepper etc.) for national, regional and European Union (E.U) markets
  • Development of private irrigation facilities

Technological and Supporting Services

  • Processing machine manufacturers to supply cold chain equipment
  • Companies to provide installation of cold chain equipment
  • Companies to train manufacturers in packaging and packaging technology
  • Companies to train producers in the use of food processing technology
  • Machine manufacturers to establish hatcheries for day-old chicks
  • Processing machine manufacturers to supply processing plants
  • Suppliers and financiers of factory building technology.

Marketing and Distribution

  • Companies to provide post-production services (transport, packaging, cold vans)
  • Companies to provide distribution of improved seeds, planting materials and agro-chemicals (fertilizers, pesticides, weedicides)
  • Companies to market processed foods in international markets



If you are interested, Talk to:

The Director

+233 302 665125-9


Investment opportunities include:

  • Establishment of Wood and Non-Timber Forest Products (NTFP) based Small-Medium Enterprises (SMEs) and plantations
    • Establishment of Farm Forest Wood Lots
    • Establishment of Pulp Paper and Panel Industries
    • Establishment of Plantation Based Construction Grade Timber and Fiber Supply
    • Provision of tree seedlings for plantation species e.g. teak

Information available indicates that there is high demand for medicinal plants from Ghana. Scientific information available indicates most parts of Ghana are suitable for the cultivation of various medicinal plants. Particular plants like Cola Nitida locally known as “Bese”, Alchornea Cordifolia (Ogyama), Griffonia Simplicifolia (Kagya), are high in demand by both international and local markets.


Interested in Health Talk To:


+233 302 665125-9


Investment opportunities available in the health sector are in:

  • Hospitals and clinics
  • Health Centers
  • Maternity Homes
  • Laboratories
  • Chemical shops
  • Hospital equipment
  • Research and development facilities
  • Drugs and pharmaceuticals
  • Preventive products e.g. condoms, mosquito nets


If you are interested, talk To:

Michael Agyekum Achempong

+233 302 665125-9

Evans Elvis Acquaah

+233 302 665125-9


The following are the investment opportunities in the horticulture industry in Ghana:

  1. Production
    Investment opportunities are available for companies/factories to produce horticultural products for the local and international markets, especially to European markets. The EU is the main destination for Ghanaian horticultural exports.
    On the local markets the main horticultural products are yams, plantains, cassava, cocoyam/leaves, beans, groundnuts, tomatoes, chilies and onions.2. Raw Materials
    Investment opportunities are available for companies to:
  2. Produce horticultural seeds
  3. Provide sustainable irrigation services in the industry
  4. Organize small-holders into out-grower systems for production
  5. Supply fertilizers, pesticides and other agricultural chemicals to the industry
  6. Marketing and Distribution
    Investment opportunities are available for companies to:
  7. Provide packaging materials
  8. Buy the horticultural products for exports
  9. Supply and install cold chain equipment
  10. Organize small-holder firms into out-grower systems for marketing
  11. Provide post production services (transport, cold vans) Joint ventures
  12. Package and ship floral products to international markets

Opportunities are also available to invest in supply chain management to add value to the horticultural products. The supply chain can combine commercial quality (branding) of the product together with environmental quality (labels/certificates) and social quality (labels/certificates) in their product proposition towards their customers.
4.Technological and Supporting Services
Investment opportunities are available for companies to provide:

  1. Technological and consulting services
  2. Financial services and products to the industry
  3. Research and development services
  4. Inspection and grading according to international standards to make the deliveries acceptable in international markets
  5. Capacity building on standards, training and certification

Investment Incentives

Incentives to the sector may apply under the following provisions:

  • There is custom duty exemption for agricultural and industrial plant, machinery and equipment imported for investment purposes.
  • Listed companies enjoy corporate tax of 25% and newly listed companies enjoy 25% corporate tax for the first three years.
  • There are locational Incentives (tax rebate) for manufacturing industries located in the regional capitals.

Mineral Processing

If you are interested, talk to Director

+233 302 665125-9



Emphasis on investment promotion has been a major objective of the industry with a shift to a comprehensive vision that facilitates greater exploitation of Ghana’s industrial minerals.

Investment opportunities in the industry are in the areas of exploitation or production and industrial processes. They include:

  1. The production of industrial minerals for both local and international consumption
    b. Applications/processing of industrial minerals in the areas of construction, ceramics, paints, electronics, filtration, plastics, glass, detergents and paper.

a. Companies to set up refinery facilities to serve the local industry for value-added products.
b. Companies to exploit and produce solar salt. Potential exists for the utilization of part of the salt to produce caustic soda which is a raw material for the soap and detergent industry. The chlorine co-product can also be used as water treatment chemical and also serve as raw materials for the production of various health and sanitation chemicals.
c. Companies to produce clinker for the mining industry. Demand for clinker is estimated at over one million metric tons per annum.
d. Companies to exploit the extensive deposit of granite to produce high quality floor tiles.
e. Companies to produce dimension stones for the building industry
f. Suppliers to supply salt for the local market.

Engineering and Services
a. Service companies to provide support services, including contract drilling, assay laboratories, contract mining and geological consultancies to mining companies in the country.
b. Companies to set up manufacturing plants and machinery for the mining industry.
c. Companies to set up downstream production facilities to manufacture key input for the mining industry. Examples, mill balls, drill bits, cyanide and activated carbon.


Specific incentives to the sector include:

  1. Depreciation 75% of the capital expenditure incurred in the first year of investment and 50% of the declining balance in subsequent years
    b. Investment allowance of 5% in the first year only
    c. Losses in each financial year not exceeding the value of the capital allowance for the year may be carried forward. Capitalization of all pre-production expenses approved by the authorities when the holder starts development of commercial mining.
    The Holder of a Mining Lease is also granted the following Benefits:
    a. Exemption of staff from out of Ghana payments of income tax relating to furnishing accommodation at a mine
    b. Immigration quota for expatriate personnel free from any tax imposed by government for the transfer of foreign currency out of Ghana
    c. Exemption from the selective alien employment under the selective alien employment decree

Ghana’s Minerals and Mining Act 2006, Act 703 has added some significant aspects to the country’s commercial law and they are:
a. Expenditure on exploration and development may be capitalized in accordance with regulated amortization provision for tax relief
b. Capital allowances have been designed to shorten the pay-back period and include 75% write off of capital in the first year and 50% annually thereafter on a declining balance
c. Retention of a proportion of revenue in foreign currency account for use in acquiring essential equipment and spare parts required for mining operations which would otherwise not be readily available without the use of such earnings
d. Exemptions from import duties on imported plant and equipment.

Oil and Gas

To invest in Oil & Gas Talk to:

Martha Oppong Afriyie

+233 302 665125


Due to the emerging nature of the industry, opportunities exist in virtually every area of the petroleum industry, both upstream and downstream.

Upstream Petroleum Sector:

  • Geophysical (Site surveys, seismic data acquisition, processing and interpretation)
    • Basin modelling
    • Geological Studies
    • Biostratigraphy Sequence Stratigraphy
    • Sedimentology
    • Geochemistry
    • Geochemical Studies
    • Geographical Studies
    • Equipment supply and/ or leasing (boats, barges, aircrafts, etc)
    • Supply of casings for boreholes

Drilling Products and Services:

  • Land Drilling Rigs, Swamp Drilling Rigs, Petroleum Engineering & Consultancy Services
    • Offshore Drilling Rigs (jack-ups, semi- submersible rigs, submersible rigs etc)
    • Offshore Rig Towing Services, Rig Move/Positioning Services
    • Drilling Mud , Chemicals, Mud Logging & Mud Logging Services
    • Drilling Site Preparation, Well Control & Blow-out Prevention
    • Under-water Inspection, Sand Control, Fish & Fishing Tools
    • Dry-dock facilities for offshore supply vessels, tugboats, & offshore rigs
    • Measurement While Drilling (MWD) & Logging While Drilling (LWD) Services
    • Casing & High Pressure Pumping ,Tubing Services ,Tools & Cased-Hole Electrical Logging
    • Directional Drilling & Survey as well as Drilling &Workover
    • Surface & Bottom Hole Sampling & Tubing Conveyed Perforation ( TCP)
    • Fluid Filtration, Solid Control and Laboratory & Pilling Services as well as PVT Analysis
    • Mechanical Wireline Services and Petrophysical& Reservoir Data Services
    • Coil Tubing & Electrical Line and Production Logging
    • Oil Field Waste Management, Jetty and Shore Support Services and RiglessWorkover Services
    • Well Production Testing, Wellhead Maintenance & Well Completion Services
    • Supply of drilling materials and equipment (drill bits, drill pipes, drill collars, cone bits etc)

Production Support Services:

  • Wireline Services & Pipeline Laying/ Inspection
    • Production Chemical Supplies & Management
    • Engineering Design, Procurement/Construction of production facilities
    • Corrosion Engineering & Environmental Engineering Services
    • Blow Out Central Services & Flow Line Construction
    • Oil Expand Terminal Design and Construction & Crude Oil Lifting
    • Fire Fighting system Design and installation & 2/3 Phase Meter Supplies
    • Supply & Maintenance of Safety Equipment
    • Gas Valve Supplies & Installation

Reservoir Engineering:

  • Consultancy Services
    • Simulation
    • Economic Analysis
    • Complete Field Study

Down Stream Sector Business Opportunities (Marketing, Storage, Distribution, Transport, Refining):

  • Technical Partnership
    • Field Development Contractor Financing
    • Gas utilization
    • Refineries maintenance
    • Pipeline/ Depots construction and maintenance
    • Petroleum Products haulage
    • Petroleum products marketing
    • Petrochemicals
    • Gas Development/conversion
    • Butanisation project
    • Fertilizer plants
    • Vehicular fuels
    • Methanol / MTBE plants

Gas Sector Opportunities

The government as at December 2008 had finalised plans for the establishment of an onshore natural gas processing plant to process the natural gas that will be produced from the jubilee oil and gas field.
The first phase will entail a 150million ft3 gas processing plant at Atuabo which is at least 50 km East of Effasu and 100km West of Takoradi. An 8km2 land area has been acquired to be developed into a petrochemical industrial park to house the gas processing plant and ancillary industries.

Opportunities available in this sector include:

  • Production, transmission, distribution of Natural Gas –independent ownership
    • Natural Gas Liquids (NGLs) – these liquids have high market value and find application either in their raw state as solvents, feed stock (for production of various chemicals) and liquid fuel or fractionated into their components, viz.: LPG, Natural Gasoline etc
    • Natural Gas-Fired Equipment
    • Independent Power Plant (IPP)
    • Industrial market, commercial market and residential market
    • Domestic natural gas sales and distribution
    • Compressed natural gas as, (NG) automotive fuel, Gas Liquids (NGL), Gas to Liquid Conversion (GTL), Methanol etc
    • Ammonia/fertilizer plants



Emmanuel Nii Adjah Badger

+233 302 665125

Gideon Seyram Tsike

+233 302 665125


The increasing number of tourists and the evolving profile of today’s traveler demand a host of new tourism offering and infrastructure projects. A wide spectrum of investment opportunities arise out of Ghana’s long-term tourism plans

These include:

1. Tourist Accommodation

o Multi-hotel resorts; one each for the Volta Estuary; Accra and environs; Brenu beach in the Central Region; Cape Three Points area in the Western Region; Lake Bosumtwi in Ashanti, the Volta Lake Basin incorporating Dodi Island, Dwarf Island, Digya National Park, Melinli Peninsular, Amedzofe and Wli-falls in the Volta Region.

o Single-hotel resorts at beach sites, botanic garden sites, other lake sites etc.

o Mountain Resort

– Business Hotels of all classes.

o Lodges and Inns; desirable locations include eco-tourism sites (eco-lodges in National parks), as well as other isolated tourism attraction sties and towns.

o Motels on major tourist routes.

o Hostels particularly on or near university campuses for dual use by tourists and campus students.

o Camping Sites for the trans-Saharan adventure tourists with Paga, Tamale, Kintampo Falls, Kumasi, Accra.

2. Motel and Highway Rest Stops

  1. a) Small Scale Rest Stop: this is a simple basic road-side stop with facilities for parking; washrooms; basic refreshment, etc.

(b) Medium Scale Rest Stop: Fairly elaborate with facilities for parking, washrooms, cafeteria, shop, fuel and auto servicing.

3. Tourist Information Shops

These independent shops are in high demand in major tourist centres particularly Accra, Kumasi, Cape Coast/Elimina and border entry points.

4. Tourist Transport Services

The under-listed services are required at major tourist locations:
a) Tourist Taxi
This is highly inadequate; it may be operated by companies licensed by Ghana Tourist Board and registered to operate from specified bases namely hotels, airport and other transport terminals.
b) Air Taxi
This is also highly inadequate but there is growing demand for it by both business and holiday visitors requiring quick visits to locations outside Accra.

  1. c) Car Hire
    The growing tourist traffic is not being matched by investments in the various categories of road transport vehicles especially tourist coaches, tourist buses, limousines, and cross-country vehicles for trekking and safaris.
  2. d) Cruise Boats
    The Volta Lake offers opportunity for the operation of various types of lake transportation for various leisure purposes such as cruise excursions or purely passenger service or for a more personalized recreation like fishing etc.

5. Tourist Travel Services

The growth of various types of tourism has created opportunities for investing in tourist handling services including:

  1. a) Tour Guiding Services: These involve setting up a company which employs a pool of tour guides for operators, conference organizers etc.
  2. b) Tour Handler Services: This is a small-scale operation whose services may be hired by an in-coming tour operator to handle the ground logistics required by in-coming package tourists.
  3. c) Tour Operations: This is a larger form of a tour landing outfit. In this case, the operator is required to own buses, coaches, and must have own tour packages. It requires substantial investment in office accommodation, equipment, staff outlay, considerable experience in airline and tourist travel operation as well as a substantial insurance cover.
  4. d) Travel Agencies: This sector is almost choked with a mushroom of outfits but an enterprising new entrant can make it.

6. Tourism Financial Services

These services are in short supply and as the visitor traffic grows, there will be the need for more such services particularly:

  1. a) Credit Card Agents or Discount Houses to offer credit to pay bills at areas which do not accept credit cards.
  2. b) Foreign Exchange Bureau: Though these are many, there is room for more.
  3. c) Tourism Rental Services: There is a growing demand for the rental of catering, camping, picnic accessories as well as mobile telephone and toilets in Ghana, all in the service of travelers, event organizers etc.

7. Tourism Medical Services

There is growing demand for various types of health services for visitors notable among which are:
a) Tourism health insurance companies
b) Ambulance service for tourists including the concept of the flying doctor to service remote tourist sites.

8. Food and Beverage Services

The following will be required to meet the growing demand:

  1. a) Street Taverns, Cafes and Food Counters specializing in local snacks as well as foreign snacks.
    b) Pubs: these are inadequate, such as the likes of Hard Rock Café in the US.
    c) Night Clubs which offer table service with floor or live shows.
    d) Fast Food Restaurants: these are becoming popular and as we receive more American tourists, the demand for the likes of KFC and McDonalds become apparent,
    e) Specialty Restaurants: especially African and Ghanaian cuisine restaurants which serve dinner are inadequate.

9. Entertainment

Accra and all major cities as well as tourist centres literally go to bed at sundown for lack of nightlife activities. There is growing demand for international class:

o Pubs
o Discotheques
o Night-clubs with live shows
o Casinos
o Amusement parks etc

10. Leisure & Sports

Though Ghana attracts large numbers of European, American, Asian and African tourists, they do not stay long because of lack of activity as Ghana’s tourist offer so far has been mainly sight-seeing featuring, festivals, monuments, game-viewing and nature walk. There is high demand from tourists for leisure and sporting activities to liven up their stay.

The following would greatly enhance tourists’ experiences:
a) World-class golf courses for international tournaments
b) Marinas on our Atlantic Coast, inland lakes and big rivers for sport fishing, yachting, sailing, surfing etc.
c) Theme Parks to relieve boredom.
d) Sports centres in cities offering a wide range of indoor/outdoor activities.

11. Shopping

Surveys indicate that most visitors to Ghana return home with most of their pocket (spending) money because the country does not offer tempting shopping opportunities despite her wealth in products. The following are required:

o Souvenir shops
o Supermarkets
o Shopping arcades
o Shopping malls
o Duty-free shops.

12. Meeting Facilities

Multipurpose convention / conference / Exhibition Centres and Halls with shopping Arcade

13. Education

Need for training centres, a greater use of e-learning channels and other more innovative and flexible ways of providing education and skills development in the Industry.


If you are interested, talk to:

Director, Research & Business Development

+233 302 665125



The water supply and sanitation infrastructure is insufficient, especially in rural areas. Major investments are needed to extend coverage as well as rehabilitate and maintain existing infrastructure.
Companies are invited to provide the following options for water supply and sanitation:
• Point Sources (boreholes/hand-dug wells)
• Small Towns Pipe Schemes
• Rain Harvest Plants
• Household/Institutional Latrines
In addition, investments are needed for construction of physical facilities to achieve:
• network expansion to poor areas
• increased reliability of water supply to poor areas to reduce reliance on water vendors
Also, companies are needed to provide water tanker services to consumers.


Companies are needed to provide the following:
• Street lighting
• Improved coverage/access
• Service efficiency
• Companies to supply energy-monitoring equipment to better meet the increased requests for power monitoring and tariff analysis from industry in the country.
• Companies to provide an alternative decentralized sustainable energy system that can easily be deployed in remote and deprived communities into the overall national energy mix.
• Companies to provide solar vaccine refrigerators for the preservation of vaccines for child immunization programmes in remote and off-grid parts of the country.
• Provision of solar energy systems to schools in off-grid communities.
• New, higher quality and cost competitive energy services to the poor, for cooking, transport, water heating and other home appliances.

Our Businesses

Some Audit Firms registered with ICA




Credit GIPC
Credit GIPC