Business News of Monday, 23 December 2024
Source: www.ghanawebbers.com
Deloitte forecasts significant growth in five key sectors of Ghana's economy in 2025: Mining and Quarrying, Information, Communication and Technology (ICT), Construction, Finance and Insurance, and Agriculture.
The Mining sector is set to expand, driven by government investments and the importance of gold exports. ICT, despite a slowdown, remains a major growth driver, influenced by technology and AI adoption.
Construction will benefit from increased government infrastructure spending, including the Economic Roads Improvement Programme. The Finance sector has stabilized following a US$250 million World Bank credit.
Agriculture will see boosts from government initiatives like the enhanced Planting for Food and Jobs program and Economic Enclaves projects under the GhanaCARES initiative, aimed at attracting private investment. These sectors are key to Ghana's economic growth in 2025.