Category
JFL, Terrace Conference Room (001)
Description
Ghana and the US have a strong history of partnership in trade and investment. While Ghana's economy is currently navigating some challenges, the country is on an overall positive trajectory of growth. To foster trade between the US and Ghana, both countries must work together to identify viable opportunities and recognize potential risks. In addition, the US and Ghana must find common ground and develop local partnerships to ensure mutually beneficial trade agreements. The purpose of this project is to identify viable investment opportunities in Ghana and begin facilitating connections between these opportunities and Virginia businesses. Specifically, Ghana has investment opportunities in the real estate, energy, agriculture, and education sectors. Several VA-based businesses could take the first step of investing in these opportunities on a smaller scale. For long-term and sustainable investment in Ghana, US investors must address the country's infrastructure needs. A strong infrastructure creates the foundation for the growth of other key industries and helps Ghana develop into a self-sufficient economy. One challenge of infrastructure-focused investment is the added timeline for developing infrastructure and securing government funding. Future research could explore the possibility of a trade mission to connect VA investors with local officials and businesses in Ghana.
An Overview of Ghana's Investment Opportunities for Virginia Businesses
JFL, Terrace Conference Room (001)
Ghana and the US have a strong history of partnership in trade and investment. While Ghana's economy is currently navigating some challenges, the country is on an overall positive trajectory of growth. To foster trade between the US and Ghana, both countries must work together to identify viable opportunities and recognize potential risks. In addition, the US and Ghana must find common ground and develop local partnerships to ensure mutually beneficial trade agreements. The purpose of this project is to identify viable investment opportunities in Ghana and begin facilitating connections between these opportunities and Virginia businesses. Specifically, Ghana has investment opportunities in the real estate, energy, agriculture, and education sectors. Several VA-based businesses could take the first step of investing in these opportunities on a smaller scale. For long-term and sustainable investment in Ghana, US investors must address the country's infrastructure needs. A strong infrastructure creates the foundation for the growth of other key industries and helps Ghana develop into a self-sufficient economy. One challenge of infrastructure-focused investment is the added timeline for developing infrastructure and securing government funding. Future research could explore the possibility of a trade mission to connect VA investors with local officials and businesses in Ghana.
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Graduate