Veuillez noter que la page demandée n’est pas disponible dans la langue par défaut sélectionnée. Vous utilisez notre plateforme dans une autre langue maintenant.

Companies in Ghana - statistics & facts

Ghana has a favorable business environment. In 2020, it was considered the leading country in West Africa in terms of the ease of establishing a business. The areas of ease included setting up a business, getting electricity, dealing with construction permits where necessary, getting credit, and registering a property. In 2022, more than 18,000 newly registered businesses were forecast in Ghana. Most enterprises were sole proprietors, amounting to over 66,000 as of 2019. That year, the cost of undertaking a company registration accounted for around 12 percent of Ghana's gross national income per capita. Moreover, on average, an individual was expected to require 12 days to start a business in the country.

Key companies are spread across sectors

Leading companies in Ghana include the network provider MTN Ghana and the oil and gas multinational Tullow Oil. In terms of market capitalization, MTN registered over 1.3 billion U.S. dollars in 2023, while the value of Tullow Oil reached around 564 million U.S. dollars. Furthermore, in stock value, Ghana Commercial Bank Limited registered over 3.4 million Ghanaian cedis (GHS) (equivalent to 283,000 U.S. dollars) as of December 2023. This made it a leading company in that regard. Other notable companies in the country operate in the oil and gas, agriculture, and financial sectors, with revenues necessary for the nation's economic growth. For instance, Ghana Oil Company (GOIL), having the highest market share among oil companies in Ghana in the third quarter of 2023, accumulated an annual revenue reaching close to 7.4 billion GHS (around 616 million U.S. dollars) in 2022. Also, Cocoa Processing Company Limited (CPC) generated revenue of about 44 million U.S. dollars in 2022.

Tech startups receive funding

The number of funded tech startups in Ghana has generally risen in recent years. In 2022, 22 startups in this field received funding, decreasing from 18 in the previous year. In all, tech startups secured around 149 million U.S. dollars of capital in 2022, a considerable increase compared to the preceding years. Dash, Fido Credit, and Float were some of the ventures that secured capital in Ghana in 2022. Dash, a fintech startup, obtained an amount of nearly 33 million U.S. dollars, the highest that year. Moreover, in terms of early-stage funding, Stars From All Nations (SFAN), operating in education technology, and mPharma, an e-health startup, each raised 250,000 U.S. dollars in 2021 through a pre-seed round and a prize, respectively.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Doris Dokua Sasu, Dec 15, 2023

Key insights

Ease of starting a business score
85/100
Forecast number of new business registrations
18.1k
Most registered entity
Sole proprietorship (66.2k)
Get more insights

Editor’s Picks Current statistics on this topic

Startup ecosystem index score in Ghana as of 2022

Business Enterprise

Startup ecosystem index score in Ghana 2022

Leading companies in Ghana as of 2023, by market capitalization (in million U.S. dollars)

Business Enterprise

Main companies in Ghana 2023, by market capitalization

Ease of doing business in Ghana in 2020, by topic

Business Enterprise

Ease of doing business in Ghana 2020, by topic

Related topics

Recommended

5

Recommended statistics

Overview

7

Overview

Environment and registration

5

Environment and registration

Key companies

7

Key companies

Startups

7

Startups

Further reportsGet the best reports to understand your industry

Top 100 companies: Global
Top 100 companies: Global
Ghana's Economy & Society
Ghana's Economy & Society
Top 100 companies: Nigeria
Top 100 companies: Nigeria
Companies worldwide
Companies worldwide
Companies in Nigeria
Companies in Nigeria
The rise of e-commerce across Africa
The rise of e-commerce across Africa
Companies in Algeria
Companies in Algeria
Mining industry in West Africa
Mining industry in West Africa
Top 100 companies: Southern Africa
Top 100 companies: Southern Africa
Top 100 companies: Western Africa
Top 100 companies: Western Africa

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)
Email
eu.support@statista.com

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)
Email
latam@statista.com

Mon - Fri, 9am - 6pm (EST)

Menu