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The economy of Ghana has a diverse and rich resource base, including the manufacturing and export of digital technology goods, automotive and ship construction and export, and the export of resources such as hydrocarbons and industrial minerals.
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The economy of Bahrain is heavily dependent upon oil and gas. The Bahraini Dinar is the second-highest-valued currency unit in the world. Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. The country's capital, Manama is home to many large financial structures. Bahrain's finance industry is very successful. In 2008, Bahrain was named the world's fastest growing financial center by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP. Aluminium is the second most exported product, followed by finance and construction materials.
Aluminium in Africa originates from bauxite, and within Africa is primarily found in Guinea, Mozambique and Ghana. Guinea is by far the biggest producer in Africa, and is a world leader in bauxite production.
Mining in Ghana is a significant contributor to the nation's economy, accounting for approximately 5% of Ghana's Gross Domestic Product (GDP) and 37% of total exports. Gold dominates the mineral sector, contributing over 90% of total mineral exports. In 2019, Ghana overtook South Africa to become the largest gold producer in Africa, producing 142.4 metric tonnes of gold that year.
National Investment Bank, normally abbreviated to NIB, is a state owned commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator. NIB was form to promote industrialization of all sectors in the country. It has undergone management and financial restructure to help it attain higher financial levels across the world.
Ghana'sMinistry of Food and Agriculture (MOFA) is the government agency responsible for the development and growth of agriculture in the country. The jurisdiction does not cover the cocoa, coffee, or forestry sectors. The primary organisation and main area of the presidential administration of Ghana is the nation's Ministry of Food and Agriculture (MOFA), which is in charge of creating and carrying out policies and plans for the agricultural sector within the framework of an efficient national socio-economic development and prosperity agenda. The Ministry's plans and programmes are created, coordinated, and put into effect using frameworks for policy and strategy using a sector-wide approach. The Food and Agriculture Sector Development Policy II and the Medium Term Agriculture Sector Investment Plan were both developed with the aid of MOFA in relation to this.
The Ghana Club 100 is a yearly official list of the top 100 companies in Ghana. The compilation was first done in 1998 by the Ghana Investment Promotion Centre (GIPC) with the aim of recognition of the top 100 companies and to encourage competition and improvement of company products and services in the country. It is based on the responses of a survey conducted annually by the GIPC, which companies can voluntarily participate in by submitting various information, including their financial statements. Due to the voluntary nature of the survey, in some years the number of companies listed has been fewer than 100. Most of the companies listed on the Ghana Stock Exchange are included in Ghana Club 100.
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Kenneth Nana Yaw Ofori-Atta, is a Ghanaian investment banker who served as the Minister for Finance and Economic Planning in the cabinet of Nana Akufo-Addo from 2017 to 2024. He was a co-founder of Databank Group, a Ghanaian financial services company, and served as executive chairman until 2012 when he resigned. He was nominated by President Nana Akufo-Addo on 10 January 2017 and assumed office on 27 January 2017 as finance minister. On February 14, 2024, he was relieved of his position as the finance minister of Ghana by Nana Akufo-Addo.
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Angela Kyerematen-Jimoh is a Ghanaian business leader and Microsoft’s Strategic Partnership Lead for Africa. Prior to joining Microsoft, she was the Executive Director/Regional Head for IBM North, East and West Africa from 2020 to 2021. She is the former Country General Manager for Ghana. She is the first female to become country director of IBM in Africa and the first African woman to be appointed Regional General Manager.
Mawuena Adzo Trebarh was a Ghanaian business executive, investor and geologist. Trebarh was the first woman to be appointed the CEO of the Ghana Investment Promotion Centre (GIPC), serving from 2013 to 2017 as well as the first female underground exploration geologist, amidst a 10,000-strong male-workforce mine site in the Ashanti Region.
Gold mining in Ghana has a long history, dating back to the 10th century when the region was part of the ancient Ghana Empire. Commercial gold mining began in the early 19th century, with Europeans establishing several mines during the colonial period. The first documented large-scale mining operation in Ghana was at Obuasi, where gold was discovered in 1897. By 1900, Ghana, then known as the Gold Coast, had become a major supplier of gold in the British Empire.
Sulemanu Koney is a Ghanaian engineer and mining executive. He is the chief executive officer of the Ghana Chamber of Mines, and the executive director of the ECOWAS Federation of Chambers of Mines.
The Special Investment Facilitation Council (SIFC) is a Federal government body and Investment Promotion Agency constituted under the Prime Minister of Pakistan,. The SIFC was established on 20 June 2023 with the stated goal of acting as a "'single window' to facilitate investors, establish cooperation among all Government departments, and fast-track project development." The council consists of all Provincial Chief Ministers, Chief Secretaries, and the Army Chief. The SIFC has been assigned the task of increasing Foreign Direct Investment (FDI) in Pakistan to targeted level of $5 billion. The SIFC is also notable for the involvement of the Army in joint civil-military economic decision making.
The Costa Rican Foreign Trade Promoter (PROCOMER) is a Costa Rican governmental agency for investment and export promotion responsible for export promotion programs, attracting foreign direct investment, creating human talent development programs, and providing technical and financial support for the administration of Costa Rica's special export regimes.
James Kwamena Anaman is a Ghanaian mining executive and corporate affairs consultant. He served as the president of the Ghana Chamber of Mines.
References
- ↑ "Ghana Investment Promotion Centre – GIPC" . Retrieved 2022-08-31.
- ↑ "The Ghana Chamber of Mines". ghanachamberofmines.org. Retrieved 2022-08-31.
- ↑ "Ghana National Petroleum Corporation". www.gnpcghana.com. Retrieved 2022-08-31.
- ↑ "About GIPC". GIPC. Retrieved 2023-09-06.
- ↑ "About GIPC". GIPC. Retrieved 2023-09-06.
- ↑ "Board Members". GIPC. Retrieved 2023-09-06.
- ↑ "About GIPC". GIPC. Retrieved 2023-09-06.
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