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Ghana

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open on a restricted basis under select programs

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Country At A Glance

Flag of Ghana
Map of Ghana

Country Facts

Nominal GDP37.70 Billion USD
Population26.97 Million
Total Trade/GDP98.83%
CurrencyGhanaian New Cedi (GHS)
Merchandise Imports from Canada215.51 Million CAD
Canadian direct investment-1,037 Million CAD
Main importsPetrol and Oil Products

EDC in Ghana

Canadian companies assisted30
International buyers insured43
Business volume170.36 Million CAD

Business Environment

Ghana is an important trading partner for Canada in Sub-Saharan Africa. Its stable  political environment has encouraged trade and investment.  Ghana has vast natural resources and recent oil production is expected to support further economic growth. Other important sectors include agriculture, mining, and services. Ghana’s economy is under stress due to lower gold and oil prices, power outages, and high interest rates but the country is slowly recovering from this prolonged economic slowdown. Significant opportunities exist for Canadian companies across a range of sectors.

Key Industries

  • Construction & Infrastructure
  • Mining & Metals
  • Oil and Gas
  • Power

How we can support your business

Through our Head Office operations in Ottawa, we provide support to Canadian companies planning on or currently doing business in Ghana. Our market experts have developed strategic relationships with major buyers in several sectors as well as a network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.

Consult our interactive Country Risk Quarterly report.

 

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