17 - 18 May 2017

KEMPINSKI HOTEL GOLD COAST CITY, ACCRA

About Ghana / West Africa

Ghana , officially the Republic of Ghana, is a sovereign unitary presidential constitutional democracy, located along the Gulf of Guinea and Atlantic Ocean, in the subregion of West Africa. Spanning a land mass of 238,535 km2,with a GDP of more than $ 38 billion and a population of  27.54 million Ghana is bordered by the Ivory Coast in the west, Burkina Faso in the north, Togo in the east and the Gulf of Guinea and Atlantic Ocean in the south. The word Ghana means "Warrior King" in the Soninke language.


Accra is the capital and most populous city of Ghana, with an estimated urban population of 2.27 million as of 2012.It is also the capital of the Greater Accra Region and of the Accra Metropolis District, with which it is conterminous.Accra is furthermore the anchor of a larger metropolitan area, the Greater Accra Metropolitan Area (GAMA),which is inhabited by about 4 million people and the thirteenth-largest metropolitan area in Africa.


China is currently the second largest exporter to Ghana. In 2005 US$433.74 million worth of imports come into Ghana from China with Ghana exporting US$0.1 worth of exports. This reflects a sharp rise in two way trade between the two countries from $93.13 million in 2000 to $433.74 million in 2005. Most of China's foreign direct investment in Ghana is focused on manufacturing, construction, tourism, trading and services with total investments worth US$75.8 million in 2008. Of 283 projects that Chinese nationals and SOEs have investments in 97 are in manufacturing, 59 in trading, 48 in tourism, 44 in services and 15 in construction.


China-Ghana cooperation on economy and trade have increased significantly with the bilateral trading volume registered $5.434 billion and the number of newly registered Chinese investment projects topped Ghana's FDI list in 2012. The Sunon Asogli Power Plant invested by China-Africa Development Fund and Shenzhen Energy Group has been combined to the national grid of Ghana in 2011 and now accounts for around 14% of Ghana's electricity generation. Exchanges and cooperation in the fields of culture, education and medical health have also been frequent. The Chinese Government granted 111 scholarships to the Ghanaian students in 2013-2014 academic year. Training courses and seminars of diverse forms have benefited more than 500 Ghanaians from various fields in 2012. The distance learning project at the University of Ghana winning the appreciation and acclamation of the Ghanaian users is undergoing the phase Ⅱ expansion. The Chinese side has also initiated Chinese Ambassador Scholarship Program in several well-known Ghanaian universities in 2012 and inaugurated the first Confucius Institute in Ghana in May 2013. The two consecutive medical teams dispatched by the Chinese Government have relieved lots of patients of illness and donated several batches of sophisticated medical equipments to the local hospital, which won them a good fame.


Ghana’s export to China hit $1.4 billion, a historical high, Ms Sun said at a reception last Thursday to mark 55th anniversary of the establishment of China-Ghana diplomatic relations. “All the indicators of China-Ghana cooperation are ranking high in China-Africa cooperation. “The achievements of our cooperation have not grown overnight; it is jointly cultivated and nurtured through mutual political trust.”

The value of trade between Ghana and China reached $ 5.6 billion at the end of 2014, making Ghana the Asian country's single biggest trading partner。
“Our economic and trade cooperation has achieved gratifying results, trade volume has surged from less than $100 million in 2000 to $5.6 billion in 2014,” Chinese Ambassador, Ms Sun Baohong, said. Ghana’s export to China has also increased significantly at a very high rate of 86.7 per cent vis-a-vis declining total international trade.