DEVELOPMENT ROAD

13th December 2013

DEVELOPMENT ROAD

A busy road in Accra, the capital of Ghana, in late November 2013. The Ghana economy, which is attracting high levels of foreign direct investment, is expected to expand by more than 7% in 2013. However, the economy’s overdependence on gold, cocoa and oil makes it vulnerable to trade shocks. For this reason, economic diversification is high on the agenda and will be supported by a new investment being made by South Africa’s Scaw Metals in a grinding media plant (also see page 22).