Major industries in Ghana currently
The current development of the economy in Ghana has been greatly contributed by the many industries that are in the country. Many of these industries pay their taxes to the government on time hence boosting the economy. The success of both the service and the manufacture oriented from the list of industries in Ghana, have created many job opportunities therefore minimizing poverty in the country in that many are capable of providing for their daily needs. Also the presence of different industries in Ghana has attracted international investors and this is has had positive impact on the development of country's economy
Fact remains that the industries operates quite a number of private & public companies in that some are generating cash from the same kind of manufacture or services, but definitely working under different goals, guidelines, rules, and strategies.
Types of industries in Ghana
This article find it vital to compile you a list of the many types of industries in Ghana from Agriculture, chemical, automobile, hospitality, entertainment, mining, manufacturing, to financial service industries with their impact in the economy and a brief history. We will also help you locate them if you want to apply for a job in your specific and perfected area in any of the industries provide; best of luck.
List of production industries in Ghana
The production industries in Ghana are making leads because most of the Ghanaians tend to grow their talents especially in music and movies sector. The support of the Government of Ghana also contribute to the fast growing of the production industries as they also make the country’s economy to develop. Are you a Ghanaian talented in acting or singing? Well, this article is for you, as it will help you locate the top listed music and the film industry.
1. Movie industry in Ghana
Ghana is known as a home of great movies stars. The movie industry in Ghana contributes greatly to the economy of Ghana. It has been a major employer to the youth of Ghana and it helps in nurturing talents.
- Ghallywood Movie Industry
Ghallywood is the most recognized elite sector movie industry in Ghana located in Accra Ghana that has fully developed most of the Ghanaians talent and career in acting. The amazing bit is that the movies they produce are also watched outside Ghana because of their huge usage of English, which is an international language. This logically means that the movies produced are of high quality with a great storylines of entertaining (comedy), educating basic skills, giving instructions, and making people get aware of the common realities in life.
The Ghallywood prominent actors and actresses include Jackie Appiah, Yvonne Nelson, John Dumelo, Madjid Michel, and Nadia Buari; they perform well organized script as well as screenplay strictly with loads of hard work and a goal of entertaining the Ghanaians and the people outside the country as well.
The elite sector in Ghana, display their new movie release in cinemas for quite sometime until they are able hit the intended market fully. This explains why the Ghallywood movies are of a high budget, but they give back large profits to their producers because the Ghallywood actress and actors are highly experienced with at least a classroom or a field training exposure.
If you have never watched the many produced Ghallywood movies you are completely left out. You need to watch them keeping in mind that the creative producers put suspense titles you can rarely tell the movie type.
- Kumawood Movie Industry
If you want to go for the local sector movie industry in Ghana, Kumawood is the best. It is located in Ashanti Region and it produces movies in a Ghanaian local language, Twi. The comic are great and the Ghanaians appreciate them for embracing their culture. Some of their prominent actors are Nana Osei Kwame Brempong, Samuel Ofori, Michael Afrane, Joseph Osei Kofi, Kwaku Manu, Akrobeto, Agya Koo, Kwadwo Nkansah, Bill Asamaoh, and Salinko.
When it comes to marketing of the Kumawood new released movies, they go direct to the market. Yes, there are low budget movies, but the producers gain loads of profits. If you understand Twi language, you should hesitate watching the movies to get entertained during your free time.
2. Music industry in Ghana
In Ghana, there are many styles of music from tradition to modern music and both the local and the international musicians are making efforts to continue developing the music industry in their country. Music is life because they led one to a journey of either sorrow, love, romance, or reality. The Ghanaian artists are talented in different genres like dancehall, reggae, gospel, highlife, RNB/soul, Azonto, Kpanlogo, Hiplife, Afro beats, Afro rock, palm wine music, and Burger-Highlife.
Let us recognize the different Ghanaian artists who nail it in their talented genre contributing to the high growth of the economy of the country. Stonebwoy, Sarkodie, Shatta Wale, Efya, Ras Kuuku, Bisa Kdei, Iwan, Becca, Daddy Lumba, Ohemaa Mercy, Shatta Rako, Samini, Shasha Marley, Jupita, Black Prophet, and Rocky Dawuni are some of the artists in Ghana who nailed it with loads of success in their career.
The music industry in Ghana could be at the top if it is not of the best producers in the country. They are rarely recognized and appreciated, but this article will be pleased to make them feel special for their good work. If you are a new Ghanaian artist, you can also produce your new hits with them and they will definitely not fail you.
- David Kyei
The Ghanaian producer popularly known as Kaywa is among the best having produced quite a number of hits that rocked worldly. The multi-award winner is very hard working and renowned for producing high quality videos like in ‘Jenifer Lomotey’ song by Kurl Songx featuring Sakodie, popular Ghanaian artists. You can entrust him with your song and you won’t have a moment of regret.
- Willis Beatz AKA William Osafo
The producer’s creativity has owed many and therefore making successful artists in Ghana entrusting him with their hits. He has produced songs like ‘Umbrella’ & ‘Taking Over’ by Shatta Wale, ‘last Show’ by Kofi Kinaata, and ‘Sponsor’ by the Ebony who the Ghanaian lost early this year, 8th February 2018.
- Benjamin Garzy Mensah
He is popularly known as Mix Master Garzy producing hits that rock internationally and he deserves to be recognized. Some of his produced hits are from famous artists like ‘come from far’ by Stonebwoy,’ Na Wash’ by Becca featuring Patoranking, ‘Big It Up’ by Shegah, and ‘Show Something’ by Keche. There is no one who hesitates to make him the producer of their new playlist for he is among the best.
- John Kwesi Dosunmu
His showbiz names are M.O.G beatz with a long list of hits making waves this year like ‘Gboza’ by Sarkodie, ‘One Tin’ by Eazzy, ‘Waitti’ by Shatta Wale, and ‘Qualities’ by Gallexy. He produce quality videos at One Vibe Studios in Ashaiman.
- Eric Kofi Annan
He is renowned name is King One-Beatz who is now an established producer for producing hits that are waves internationally like ‘Obaagbemi’ by Kurtis Yardie. He is also the C.E.O of ‘King One Music Group and his hard work has led to his great success.
- Joseph Addison
The Ghanaian- born showbiz name is renowned as Killbeatz. The music producer is also a sound engineer who gets credit for being behind most of the Ghanaian artist’s track that are rocking this year. Some of his produced songs are ‘King Promise’ by Oh Yeah, ‘No Daylight’ by Fuse ODG, and ‘Plantain Chips’ by R2Bees.
List of primary industries in Ghana
Industries under the primary section deals with extraction of any raw materials like mining, fishing, farming, oil & gas, and forestry & logging. In Ghana, the primary industries are able to utilize the natural resources making the country to gain economically. Exporting the extracted material contribute to the high revenue in the country.
The problem comes when the raw material start to run out because its makes Ghana economy to lack broad diversification. Anther negative impact is that the prices and the output of the primary products are volatile. This means that when t is a low season, Ghana’s high revenue fall. Finally, the primary sector of Ghana has monopoly power in that the wealth is not equally distributed in all the regions. Read on, know more about the fishing, mining, and oil, and gas primary industries in Ghana.
3. Mining industry in Ghana
Ghana is second largest producer of gold in the whole of Africa. The country also produces diamonds, manganese, and bauxite with quite a number of large-scale mining companies that are 23 in total. The registered small-scale mining grounds are approximately above 300. Natural gas, salt, silver, and petroleum are also other minerals produced in Ghana. In this article, we will share with you about Gold Mining as well as exploration in Ghana.
The Ghana main large-scale gold mining producers are Asanko gold, Golden Star, AngloGold Ashanti, Endeavor Mining, Goldfields, and Newmont. What is contributing to the country’s success is the many mining companies in Ghana that offer skilled labor and trained workers that are able to produce quality work.
If you are a Ghanaian interested in gold, you can communicate with any of the gold mining companies listed above. Ghana has the upcoming gold mining companies (juniors) like Xtra-Gold Resources and Castle minerals.
4. Fishing industry in Ghana
In Ghana, people engage in marine fishery, fresh water fishery (inland) like The Volta Lake, Fishponds, reservoirs, and the coastal lagoons, and lastly aquaculture fishery. They store the fish after preserve them awaiting for marketing as well as distributing. A recent article update us that like an approximate of 10 % of the people living in Ghana engage in fishing. This means fishing industry greatly contributes to minimizing poverty, generating the country revenue, and sustaining the resources through creating job opportunities to some Ghanaians.
Fish is a reliable source of protein consumed by many Ghanaians. Most of the fish consumed locally by the Ghanaians is from the marine fisheries that is about 80%. The inland and the aquaculture fisheries are also supplying a satisfying share this year, 2018. Four main identifiable groups describes the Ghana fishing activities. The groups are tuna fleets, inshore sector (semi-industrial), Artisanal, and deep sea (industrial).
In Ghana, they are both small scale and large- scale subsistence fish farming in Ghana from the aquaculture fisheries. The fish farmers try their very best to earthen ponds and practice their fishing there. Like other sectors, the fisheries are also governed with laws and regulations. The fisheries development is under the Department of Fisheries, Government agency.
5. Oil and Gas industry in Ghana
Oil and gas are among the very important natural resources that the Ghanaian country feels proud of producing hence the many oil and gas companies in Ghana The Ghana National Petroleum Corporation (GNPC) regulate the Petroleum industry in the country while the Ghana Oil Company administers it.
The natural gas and oil was discovered in Ghana since 1970s; it is believed it has an approximate of 5-7 billion barrels that reserves petroleum. Telling you that Ghana is the 25th largest producer of oil and gas in the world and the 6th largest producer will go unquestioned. Right?
Oil and gas is categorized into different Companies in Ghana. They include:
- Domunli gas processing project
It a public company owned by the Government of Ghana and it deals with all activities of processing gas. Domunli gas processing industry is under the Ministry of Energy of Ghana. The company’s goal is to allow the flow of natural gas to generate electricity (500 megawatts) from the Jubilee oil field.
- Ghana National Gas Company
The public company has the entire mandate to do the required infrastructure operations for the processing, marketing, gathering, and transporting natural gas resources in the country, Ghana.
- Ghana Oil Company
This Ghanaian oil and gas company is also recognized as GOIL. It was established in July 14th 1960 with the Government of Ghana as the company’s owner.
- Ghana National Petroleum Corporation
This government of Ghana company deals with all the petroleum related activities in the country from exploration, distribution, and incensing.
- Total Petroleum Ghana
This petroleum company was formerly renowned as the Mobil Oil Ghana Limited before it changed to its current name. It distributes petroleum to most of the fuel stations in Ghana.
Manufacturing industry in Ghana
Manufacturing industries uses machines, labor, or tools to transform its raw materials into finished/ semi-finished products. Ghana has a quite a list of the manufacturing industries like cement, food processing, textile, automobile, electronics, and aluminum smelting industries. In this case, we will tell more about the textile, pharmaceuticals, and the automobile manufacturing industries in Ghana.
6. Textile industry in Ghana
This industry produces textile mills & ginneries like Batik, Kente Cloth, Wax cloth, and the fancy printed cloth. In Ghana, fashion is well embraced and this is the reason apart from the large-scale industries, there is quite a list of the small-scale industries in Ghana that highly contribute to the growth of the Ghana economy.
The firms for the textile industries are there to serve the Ghanaians and the out-side countries with African prints rich fabrics. The fabrics are of high quality with a cool textile to design different styles of the African pieces ‘made in Ghana.’ currently, the Ghana Textile industry has traditional textile manufacturing industries that are involved in fabric-processing, spinning, and hand-weaving, vertically integrated mills, and finally the horizontal weaving factories.
The Ghana Textile firms are among the manufacturing industries that are promising to continue to develop the country’s economy. This is because fashion will always be embraced especially with the creative designers who are ready to make awesome pieces that are fashionable.
The favorable weather (dry-Savanna climate) in the northern regions of Ghana make it possible for the cultivation of cotton. Logically, cotton is the primary raw material used by the tie-dye, mills, batik, and weavers manufactures, Ghana. Are you interested to know what the textile industries in Ghana export? Well, the successful firms export cotton fabrics, cotton yarn, printed fabric, bed sheets, polyester fabric, and blankets.
The Government of Ghana is trying the best it can to give policies that will led to the improvement of the manufacturing industry. For instance, the National Vocational Training Institutes gives lessons on both basic practical & theoretical training to those interested to learn to be perfect dressmakers and tailors. The Government institute contributed to the growth of other more private institutes that deal with providing fashion techniques to those Ghanaians who have a dream of being great Ghanaian designers in Ghana. If this trend continues in Ghana, there will be job opportunities for many youths, the economy of Ghana will develop highly, and the country will invest in both the domestic & foreign promotion.
READ ALSO: List of manufacturing companies in Ghana
7. Automobile industry in Ghana
Have you ever had of Kantanka vehicles? Well, Apostle Dr. Ing. Kwadwo Safo Kantanka owns the automobile industry in Ghana. It manufactures models including the saloon and the four wheel drives range of cars like Kantanka Nkunimdie SUV, Kantanka Omana Pickup (a rebadged Foday Lion), Kantanka Onantefuo 4x4 pickup/SUV (Kantanka Onantefo SUV a rebadged Foday Explorer), Kantanka Opasuo, Otumfo SUV, and Kantanka K71 small SUV - a rebadged Brilliance Jinbei.
The cool cars are available in various colors and the sought-after is not only in Ghana, but in the outside Ghana as well. Thanks to the Kantanka automobile company founder in Ghana who made it possible for Africa to own cars and not being only an importer. Soon Africa will also be a great exporter of automobiles being lead by Ghana for their Kantanka cars that has the same goal.
8. Pharmaceutical industry in Ghana
The pharmaceutical industries in Ghana have a main goal of providing patients with the right approved drugs and giving the right dosage; the health sector depends on them. The Government of Ghana regulates these industries and they are under the Pharmaceutical Members Association of Ghana.
Some of the top Pharmaceutical companies in Ghana that are entrusted for having professions workers and the best services are Tobinco Pharmaceutical Limited, Natural- Scientific Pharmaceuticals Ltd, Alhaji Yakubu Herbal Company Ltd, and Aidcom Ltd.
List of tertiary industry in Ghana
List of industries in Ghana include the 3rd economic level sector of intangible services. The tertiary industries provide services like advice, attention, affective labor, discussion experience, and access. In Ghana, tertiary industries include banking, hospitality, public health, telecommunication, and Education. In this case, the article will only inform you on the hospitality and the banking industries in Ghana.
9. Hospitality industry in Ghana
This article will share with you all that involves the restaurants, the hotels, and tourism in Ghana. The tourism industry in Ghana is under the Ministry of Tourism of Ghana and all the tourism activities are managed, promoted, and developed by the Government of Ghana. In Ghana, there are many tourist sites in 10 of its different regions. Tourism is one among the Ghana industries that develops its economy at a higher rate.
For instance, the tropical weather would not make any tourist to hesitate to visit the country and see the many wildlife, waterfalls, sandy beaches, mountains, rivers, reservoirs, and lakes. Did you know that the largest waterfall in Africa Kintampo waterfall is in Ghana? Well, Ghana is a place to be and being a tourist destination makes it unquestioned.
The hotels in Ghana are affordable to accommodate the many tourists that visit the country for either a long or a short period. The interesting bit is that most of them are located near other services that you might require like near restaurants, near the airport, near a hospital, and near a Cash withdrawal machine.
READ ALSO: The industries in which Asamoah Gyan has invested money into
10. Banking industry in Ghana
Banking among the many important services offered as it encourages investments, saving, and also it secures your money. In Ghana, there are so many international banks like Ecobank Ghana Limited, Barclays Bank of Ghana Limited, Standard Chattered Bank, Bank of Africa Ghana Limited, CAL Bank Limited, and Bank of Baroda Ghana Limited. If you don’t own an account, kindly create one. This is because some banks even offer loans to their clients anytime an emergency occurs.
The advanced technology has even made it possible for banking online. Banks like the Standard Chartered Bank, offer the online banking services meaning you do not have to make the long queues just do your transactions.
Source: YEN.com.gh
