Oxford Business Group (OBG) and the Ghana Investment Promotion Centre (GIPC) have teamed up to produce a landmark report on the impact of the Covid-19 pandemic and the country's plans for recovery.
The Covid-19 Response Report (CRR) will showcase Ghana's response to the coronavirus, including the rollout of a rapid-results testing programme and e-health solutions, in an easy-to-navigate and accessible format, focusing on key data and infographics relating to the country's socio-economic landscape.
It forms part of a series of tailored reports which the global research and advisory company is currently producing with its partners, alongside other highly relevant, go-to research tools, including a range of country-specific Covid-19 Economic Impact Assessment articles and interviews.
Divided into sections, the CRR on Ghanawill contain a macro-economic and political overview of the country prior to Covid-19, providing key, at-a-glance business intelligence that includes GDP growth, FDI levels, debt, inflation, consumption and employment figures.
The report will track the in-country spread of Covid-19,analysing the virus's impact on key sectors of the economy, such as agriculture and industry.
It will also chart the speed of response to the pandemic, including the testing and lockdown measures implemented in the initial phase of the outbreak.
In addition, licence holders will find detailed coverage of the steps Ghana is taking to recover from Covid-19,from the fiscal response to the stimulus and relief mechanisms introduced by the Ghanaian government.
Here, OBG will explore the role institutions such as the GIPC and the private sector, especially start-ups and small enterprises, are playing in helping Ghana to reposition itself on the international scene. Areas of focus will include a planned push to ensure Ghana becomes more self-sufficient in the aftermath of the pandemic and its efforts to strengthen local supply chains.
Yofi Grant, CEO,GIPC, said he was delighted to be working with OBG on its Covid-19 Response Report, adding that he was confident it would provide business leaders with a valuable and timely analysis of Ghana's reaction to the pandemic, its plans for recovery and possible broader shifts in the regional economic landscape.
"While this has been a challenging situation, it has led to great opportunity for local industry. Moreover, the continent will continue to be one of the most attractive investment destinations in the world, with over 30% of the global mineral resources required by other countries to grow," he said. "Still, what Africa requires is diversification and a focus on education. There has been tacit acknowledgement by many leaders on the continent that this is the moment for us to rethink our strategy going forward."
Karine Loehman, OBG's Managing Director for Africa, noted that Ghana's approach to containing the spread of the virus, spearheaded by a series of large-scale health initiatives, had generated significant interest across the region.
"Ghana was the first African country to lift lockdown measures, buoyed by the positive impact of improved testing and new treatment centres," she said. "The Ghana Investment Promotion Centre is playing a key role in helping the country to prepare itself for post-pandemic economic growth, highlighting the opportunities in fields such as medical infrastructure and the important part earmarked for digitalisation.
I look forward to exploring these and other topical issues with its representatives as we begin work on this highly anticipated project."