Ghana has been ranked 1st in West Africa and 2nd in Sub Saharan Africa by Fitch Solutions, research arm of ratings agency Fitch, as the best destination for investments and trade.
With a Trade and Investment Risk score of 50.9%, the country outperformed the West Africa average of 36.4%.
The country also placed 88th out of 201 markets globally in terms of competitive environment for investments and trade.
For Economic Openness, Ghana scored 58% and 50% for Trade and Investment Risk.
The report pointed out that Ghana’s markets have strong fundamentals, including a track record of private investment in energy infrastructure, comparatively high political stability and security, and a relatively diverse competitive landscape.
Bainamultimedia
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