RCA Flag
RCA Flag
Connecting Africa’s Skilled Professionals
RCA Flag

ReConnect Africa is a unique website and online magazine for the African professional in the Diaspora. Packed with essential information about careers, business and jobs, ReConnect Africa keeps you connected to the best of Africa.



Library of Articles

img3

South Africa targets Ghana as its Gateway to West Africa

 

2005 marks the fifth anniversary of the Millennium Declaration which gave birth to the Millennium Development Goals, a global commitment to a major reduction of poverty by 2015.

Ghana has emerged as the hub for South African companies seeking to do business in West Africa. A recent SA Institute of International Affairs (SAIIA) survey revealed that 40 South African companies, the majority of which are listed on the JSE, are in business in Ghana.

At the top of the list is AngloGold, whose recent US$1.4 billion merger with Ghana′s Ashanti Goldfields corporation created the world′s second-largest gold mining company. Food retailer Shoprite and brewing company SABMiller have also established a significant presence.

Although, with a population of 20 million, Ghana represents a relatively small market; drawn by the country′s stable economy and continuing economic growth, South Africa is challenging the market share of Ghana′s traditional investors from Europe and the USA.

Source: Databank Securities Limited

img4
Welcome to the new, upgraded ReConnect Africa website.
Please help us provide you with information relevant to your needs by completing the fields below (just this once!)