The Report: Ghana 2024 - Oxford Business Group
With robust economic fundamentals and significant export potential, Ghana is set to play a greater role in the economy of West Africa, as well as on the continent. The country expects to benefit from its young population, stable political environment and membership in the Africa Continental Free Trade Area, providing a point of entry for foreign and domestic investors to the country’s ...
The Philippines' history of trade and migration has created a …
Spanning more than 300,000 sq km, the Republic of the Philippines reaches from Taiwan in the north to Indonesia in the south. In terms of territorial size, it is the fourth-largest country in South-east Asia after Indonesia, Myanmar and Thailand. Bordered by the South China Sea in the west and the Sulu and Celebes seas
Education reform in the Philippines aims for better quality and …
The Philippine education system has evolved over hundreds of years of colonial occupation, first by Spain and then by the US, through martial law and the people’s power revolution that brought democracy to the sprawling archipelago. The education sector’s development has mirrored the changes in the country’s administration. Today the focus is on expanding
Economy, from The Report: Ghana 2024 - Oxford Business Group
Although impacted by the Covid-19 pandemic and other external shocks, the local currency has managed to regain much of its value against the US dollar since its low in November 2022, while GDP growth is projected to maintain an upward trajectory into 2024 and 2025. Ghana is the continent’s leading exporter of gold and its
Ghana’s tax framework for individuals and businesses
The Ghana Revenue Authority (GRA) is the agency mandated to assess and collect taxes in the country. The administration falls under the umbrella of the Ministry of Finance. Tax Residency An individual is tax resident in Ghana if that individual is: • Present in Ghana for an aggregate period of 183 days or more in
Agriculture, from The Report: Nigeria 2024 - Oxford Business Group
Agriculture remains a linchpin of Nigeria’s economy, contributing nearly 25% to GDP and employing 70% of the country’s workforce. To leverage its arable land and favourable climate, and reverse its status as a net food importer, greater investment is needed to develop Nigeria’s downstream food processing and agri-business industries. The sector faces a number of
The Report: Nigeria 2024 - Oxford Business Group
Nigeria’s global strategic importance derives from its position as having both Africa’s largest population and economy, a reality undergirded by the entrepreneurial drive of its young population. Despite the lingering effects of the Covid-19 pandemic on the economy, aggressive intervention programmes by the Central Bank of Nigeria and support from international partners fuelled a recovery ...
Economy, from The Report: Qatar 2024 - Oxford Business Group
Propelled by a major infrastructure development drive in preparation for the 2022 FIFA World Cup, and a broad loosening of investment and business regulations, Qatar’s economy has undergone a significant expansion in recent years. The country’s immense natural gas reserves are being further tapped and its production capacity expanded, while related revenue is …
Banking, from The Report: Indonesia 2024 - Oxford Business Group
Indonesia’s banking sector is large, complex and profitable, driven by a population of nearly 280m people, the fourth largest in the world. However, a significant portion of the population remains unbanked or underbanked, creating socio-economic challenges. The lack of digital infrastructure, particularly in rural and remote areas, exacerbated these issues during the Covid-19 pandemic.
Energy, from The Report: Ghana 2024 - Oxford Business Group
The capacity and capability of Ghana’s energy sector is anticipated to expand in the coming years, helping increase overall revenue and maintain a steady inflow of foreign direct investment. Hydrocarbons comprised an average of 4.5% of the country’s GDP annually between 2013 and 2021, and the sector was projected to contribute $935m to GDP in