Having abundant natural resources and exporting agricultural products, Ghana continues to show growth. Despite being faced with the Covid-19 pandemic, the Alleviation and Revitalisation of Enterprises Support (CARES) program has helped to boost business confidence and household revenue. The country’s economic and agricultural transformation is paving the way for many developments, including HR outsourcing opportunities to attract the right talent to help develop Ghana.
At Africa HR Solutions, we have a team of specialists who are accessible to help any organisation looking for an employment outsourcing strategy when moving to Ghana. We are your Ghana HR outsourcing partner that manage all your HR scenarios, from Professional Employer Organisation (PEO), Employer of Record, payroll, and other ancillary services, even if you do not hold a legal entity in the country yet.
Country Profile - Ghana
Population: 29.8 mn
Gross Domestic Product (GDP): $72.35 bn
GDP Growth: 6.3%
Foreign Direct Investment (% of GDP): 4.6%
Unemployment Rate: 6.7 %
Currency: Ghanaian cedi
Ghana experienced a recession for the first time in 38 years, faced with the spillover effects of the Covid-19 pandemic that affected the country’s second and third quarters of 2020. After the ending of lockdown, the economy and business perspectives improved, whereby some sectors such as agriculture, manufacturing, and tradable services recorded strong recoveries. To minimise the impact of the pandemic on households and businesses, Ghana leveraged the Coronavirus Alleviation Plan (CAP) and the medium-term COVID-19 Alleviation and Revitalisation of Enterprises Support (CARES) program.
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