Knowledge library
The potential of the herbal medicine sector to contribute to Ghana’s economic growth cannot be overstated, as the global market value of herbal medicines is projected to reach US$ 5 trillion in 2050.
The packaging sector in Ghana holds immense potential for job creation and economic development. Expanding and establishing local packaging facilities will create direct employment opportunities in manufacturing, R&D, and logistics.
The recent imposition of a universal 10% import tariff by the United States government on foreign products, including those from Ghana, is expected to have ripple effects on global supply chains, impacting cost of production and disrupting market stability in the near term.
The UK-Ghana Partnership for Jobs and Economic Transformation (JET) Programme’s support for the Ghana Automotive Development Policy (GADP) spurs over £35 million of private investment, resulting in no less than 320 direct jobs and more than 900 indirect jobs in greenfield assembly plants.
The key project aim is to provide an overview of the leaf and coil spring market in Ghana and nearby ECOWAS countries.
This report assesses the opportunities and challenges in developing Ghana’s Electric Vehicle (EV) sub-sector considering the EV Policy that the Government of Ghana recently launched.