The top 15 investment opportunities in Ghana with good returns
Investing is an effective way to put your money to work and build wealth. In Ghana, many such opportunities promise good returns. From real estate to the agricultural sector and hospitality, the list of investment opportunities in Ghana with good returns is extensive. Find out more about these opportunities.
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TABLE OF CONTENTS
- Top investment opportunities in Ghana
- 1. Real estate
- 2. Agriculture
- 3. Technology startups
- 4. Renewable energy
- 5. Mining
- 6. Tourism and hospitality
- 7. Financial services
- 8. Education sector
- 9. Healthcare
- 10. Manufacturing
- 11. Transportation and logistics
- 12. Fisheries and Aquaculture
- 13. Information communication technology (ICT)
- 14. Export and import
- 15. Waste management and recycling
- What is the fastest business that can make money in Ghana?
- Which bank is best for investment in Ghana?
- Which investment has the highest return in Ghana?
- Is Ghana a good place to invest?
When determining the best investment opportunities in Ghana with good returns, we analysed various factors, including market trends, sector growth potential, and regulatory environment. We sourced our data from government-sourced websites like the Ghana Investment Promotion Centre (GIPC).
Top investment opportunities in Ghana
Do you know where to invest money to get good returns in Ghana? There are numerous avenues for investors to explore in Ghana, including the industrial sector, mining, and farming.
By identifying the right sectors and the available opportunities, you can achieve your goal of investing and earning good returns. Here are the top investment opportunities in Ghana with good returns.
| Investment | Description |
| Real estate | Residential and commercial properties in urban areas |
| Agriculture | Crop farming, livestock, and agro-processing |
| Technology startups | Innovative tech companies in fintech, health tech, and e-commerce |
| Renewable energy | Solar, wind, and biomass energy |
| Mining | Gold, bauxite, and other precious minerals |
| Tourism and hospitality | Hotels, resorts, and tourist attractions |
| Financial services | Banking, insurance, and microfinance institutions |
| Education | Private schools, vocational training centres, and ed-tech |
| Healthcare | Building hospitals and clinics. |
| Manufacturing | Factories for consumer goods, textiles, and construction materials |
| Transportation and logistics | Transport services, warehousing, and logistics companies. |
| Fisheries and Aquaculture | Fish farming and processing |
| Information and Communication Technology (ICT) | Mobile and Internet services |
| Retail and wholesale | Supermarkets, retail chains, and wholesale distribution |
| Waste management and recycling | Recycling plants and waste-to-energy projects |
1. Real estate
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What is the best investment to make in Ghana? Real estate is one of the best investments. According to African Property Magazine, Ghana's real estate market is projected to grow by 5.53 per cent between 2023 and 2028, making it a lucrative investment sector.
Some key areas you can invest in include residential and commercial properties in urban areas like Accra and Kumasi. Others include undeveloped land in places like Aburi and Peduase, short-term rentals, luxury real estate, and affordable housing.
You could also invest in industrial properties like warehouses and factories or through the Real Estate Investment Trusts (REITs).
2. Agriculture
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Due to its fertile land, favourable climate, and supportive government policies, agriculture in Ghana offers a wide range of investment opportunities. Key areas include crop production, with cocoa, cashew, rice and common spices being grown.
Livestock farming, aquaculture, and agro-processing also present significant potential for high returns. Investments in modern farming techniques, high-yield seeds, and efficient irrigation systems can significantly enhance productivity. The growing demand for organic products and climate-resilient agriculture also provides further avenues for profitable ventures.
3. Technology startups
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The technology sector has one of the best online investment opportunities in Ghana. Key sectors include fintech, with companies like mPharma and ExpressPay revolutionising financial services. Other tech startups include e-commerce platforms such as Tendo and Jumia Ghana.
4. Renewable energy
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Investors in Ghana can tap into the renewable energy sector, focusing on solar, wind, biomass, and geothermal energy. Solar power is promising due to high solar irradiation, while coastal and inland regions offer potential for wind farms. Biomass energy from agricultural waste provides sustainable power, and geothermal exploration, though early, holds future potential.
5. Mining
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Mining in Ghana offers significant investment opportunities due to its rich mineral resources and supportive regulatory environment. Key sectors include gold, where Ghana is the top producer in Africa; bauxite, with vast reserves in the Western and Eastern regions; and manganese, which is essential for industrial applications.
6. Tourism and hospitality
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Tourism and hospitality in Ghana offer vast investment opportunities, driven by its rich cultural heritage, natural beauty, popular beaches, and increasing international profile. Key areas include hotel and resort development in popular destinations like Accra and Cape Coast.
Other areas in the sector include eco-tourism projects in national parks and cultural tourism around historical sites like the Cape Coast and Elmina Castles.
7. Financial services
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Ghana's financial services sector presents substantial investment opportunities, driven by its expanding economy and growing middle class. Key investment areas include banking, the growing insurance market, and microfinance, which caters to underserved populations.
8. Education sector
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Investing in Ghana's education sector offers numerous opportunities to meet the growing demand for quality education. Establishing primary, secondary, and tertiary educational institutions can significantly improve the country's literacy rate, currently around 80%.
There are also numerous investment opportunities in Ghana for students in the education sector through e-commerce, online tutoring, blogging, and content creation.
9. Healthcare
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The healthcare sector in Ghana presents a perfect opportunity for investors to meet the increasing demand for quality services. Building and operating private hospitals and clinics can significantly enhance healthcare access and quality. Additionally, per Pharmexcil, Ghana relies heavily on imports, with 70% of medications imported.
10. Manufacturing
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Ghana's manufacturing industry is extensive, covering the textile, garment, food and beverage, and construction sectors. The textile and garment industry offers opportunities to establish production facilities to meet local and export demand. The food and beverage sector is boosted by increasing urbanisation and changing consumer preferences.
The construction sector presents opportunities for establishing factories to produce essential building materials like cement, steel, and bricks to meet the growing demand.
11. Transportation and logistics
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Investing in Ghana's transportation and logistics industry is promising due to the country's strategic location. The growing demand for efficient logistics services presents numerous investment opportunities, particularly in enhancing rural-urban connectivity and freight efficiency. Notable transport sectors to invest in include air, maritime, and road transport.
12. Fisheries and Aquaculture
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Ghana's fisheries and aquaculture industry contributes significantly to the economy, generating an estimated $1 billion in revenue annually. Investment opportunities in the sector include fish feed production, rearing and stocking fingerlings, integrated fish farming and live fish food production.
13. Information communication technology (ICT)
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With a growing number of mobile subscribers, investing in the telecommunications industry is lucrative. The options include infrastructure development, internet service provision, telecom equipment supply, and mobile money investment in Ghana.
14. Export and import
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Import, export, wholesale, and retail trade are lucrative industries in Ghana, which has large, inelastic markets. Whether bringing international retail brands or establishing wholesale distribution networks for essential goods like food, opportunities to invest in Ghana are extensive.
15. Waste management and recycling
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There are many waste management companies in Ghana, but they get challenges when recycling. You can use the opportunity to invest by setting up facilities to recycle materials or investing in technologies that convert waste into energy.
What is the fastest business that can make money in Ghana?
There is no get-rich-quick business idea in Ghana. However, depending on location and property demand, investing in real estate or land acquisition can pay faster than other investment options.
Which bank is best for investment in Ghana?
The issue of the best bank for investment in Ghana is subjective based on the investor. However, you could consider various notable banks, including Absa, Access Bank, Bank of Africa Ghana, and Standard Chartered.
Which investment has the highest return in Ghana?
According to The Monarch, real estate is one of the highest-return investments. Ghana's vibrant cities, Accra and Kumasi, have witnessed a surge in demand for high-end residential properties.
Is Ghana a good place to invest?
Ghana is a top investment destination in Africa. It has a strong economy, a favourable investment climate, and diverse sectors ready for investment.
Ghana offers the best investment opportunities in real estate, retail and wholesale, and transportation. It is one of the best destinations for investors, offering a favourable investment climate with government incentives, including tax cuts in specific sectors.
Yen.com.gh published about the best-paying jobs in the basic industries. Primary industries are crucial in producing raw materials used in the secondary sector. Examples include mining, oil, gas, and chemical manufacturing.
Primary industry is a good career path, offering stability and security to those who work there. But, aside from job security, how lucrative is it? Learn all about the best-paying basic industry jobs.
Source: YEN.com.gh
