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Last updated: 22 Apr 2024

Ghana Business Directory & List of Companies

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Capital City and 5 Largest Cities in Ghana

  • Accra: Accra is not only the capital city but also the largest city in Ghana. It is the country's economic and political center, as well as a major cultural and educational hub.
  • Kumasi: Kumasi is the capital city of the Ashanti Region and the second-largest city in Ghana. It is known for its rich history, culture, and vibrant markets.
  • Tema: Tema is a city located along the Gulf of Guinea, just east of Accra. It is known for its industrial activities and is home to Ghana's largest seaport.
  • Tamale: Tamale is the capital of the Northern Region of Ghana and serves as a major economic and cultural center in the northern part of the country.
  • Sekondi-Takoradi: Sekondi-Takoradi, often referred to as Twin City, is the capital of the Western Region and a significant port city in Ghana. It plays a crucial role in the country's oil and gas industry.

Ghanan Business & Economy

  1. Agriculture: Agriculture plays a significant role in Ghana's economy, employing a substantial portion of the population. Key crops include cocoa (Ghana is one of the world's top cocoa producers), gold, oil palm, maize, and yam.
  2. Mining and Natural Resources: Ghana is rich in natural resources, and mining is a major contributor to its economy. Gold is the most significant mineral export, and the country also has substantial reserves of bauxite, manganese, and diamonds. Additionally, Ghana has become a notable oil producer since the discovery of offshore oil reserves in 2007.
  3. Services Sector: The services sector has been growing steadily, with finance, telecommunications, and tourism playing increasingly important roles in the Ghanaian economy.
  4. Manufacturing: Ghana's manufacturing sector is diverse, encompassing food processing, textiles and garments, cement production, and other industries.
  5. Infrastructure Development: Ghana has been investing in infrastructure development, including roads, ports, and energy generation, to support economic growth and development.
  6. Telecommunications: The telecommunications sector has experienced rapid expansion, with increased access to mobile phones and the internet.
  7. Financial Services: Ghana has a well-developed banking and financial services sector, with both local and international banks operating in the country.
  8. Investment Promotion: Ghana has actively sought foreign direct investment (FDI) through various initiatives to promote business opportunities and create a conducive environment for investors.
  9. Challenges: Despite its economic progress, Ghana faces challenges such as unemployment, income inequality, and economic disparities between urban and rural areas. The country has also grappled with fiscal deficits and public debt levels.
  10. International Trade: Ghana engages in international trade with various partners, including the European Union, the United States, China, and neighboring West African countries through regional trade agreements.
  11. Government Initiatives: The Ghanaian government has implemented policies and initiatives aimed at sustaining economic growth and development. These include measures to improve the business environment, enhance infrastructure, and promote value addition in key sectors like agriculture and manufacturing.

Nine Top Companies in Ghana

  1. Gold Fields Ghana Limited: Gold Fields is one of the world's largest gold mining companies and operates several mines in Ghana, including the Tarkwa and Damang mines.
  2. AngloGold Ashanti: Another major player in the gold mining industry, AngloGold Ashanti has operations in Ghana, with the Obuasi mine being one of its key assets.
  3. MTN Ghana: MTN is one of Ghana's leading telecommunications companies, providing mobile and data services to millions of customers.
  4. Ghana Commercial Bank (GCB Bank): GCB Bank is one of Ghana's largest and oldest banks, offering a wide range of financial services to individuals and businesses.
  5. Ecobank Ghana: Ecobank is a pan-African bank with a significant presence in Ghana, providing banking and financial solutions.
  6. Kosmos Energy: Kosmos Energy is an international oil and gas exploration and production company with operations in Ghana's offshore oilfields.
  7. Vodafone Ghana: Vodafone is a major telecommunications company providing mobile, fixed-line, and internet services to Ghanaian consumers and businesses.
  8. Tullow Oil: Tullow Oil is involved in oil and gas exploration and production in Ghana's offshore fields, including the Jubilee and TEN fields. Cal Bank: Cal Bank is a commercial bank in Ghana offering a range of financial services, including banking and investment products.
  9. Fan Milk Limited: Fan Milk is a well-known dairy and frozen food company in Ghana, known for its dairy products and ice creams.

Ten Top Banks in Ghana

  1. Ecobank Ghana: Ecobank is a pan-African bank with a significant presence in Ghana, offering a wide range of banking and financial services.
  2. Standard Chartered Bank Ghana: Standard Chartered is an international banking group with operations in Ghana, providing banking services to individuals and businesses.
  3. GCB Bank Limited: Ghana Commercial Bank (GCB) is one of the largest and oldest banks in Ghana, offering a variety of financial services.
  4. Absa Bank Ghana Limited: Formerly known as Barclays Bank of Ghana, Absa Bank is a subsidiary of Absa Group Limited and offers a wide range of banking products and services.
  5. Stanbic Bank Ghana: Stanbic Bank, a member of Standard Bank Group, operates in Ghana and provides banking and financial solutions.
  6. Fidelity Bank Ghana: Fidelity Bank is a commercial bank in Ghana, offering various banking services to both retail and corporate customers.
  7. Zenith Bank Ghana: Zenith Bank is a Nigerian-based bank that operates in Ghana, providing banking services to individuals and businesses.
  8. Access Bank Ghana: Access Bank is another Nigerian-based bank with a presence in Ghana, offering banking and financial solutions.
  9. United Bank for Africa (UBA) Ghana: UBA is a pan-African bank with operations in Ghana, providing a range of banking services.
  10. Cal Bank: Cal Bank is a commercial bank in Ghana that offers banking and investment products to individuals and businesses.

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