Entrepreneurs du Monde's program in Ghana

Ghana's geographical, historical and economic setting

27 M inhabitants

135th HDI ranking

62 years old life expectancy

Ghana is a small coastal country in West Africa, with about 27 million inhabitants. It borders the Ivory Coast in the west, Burkina Faso in the north and Togo in the east. Ghana was the first sub-Saharan country in colonial Africa to obtain its independence, in 1957.

Ghana comprises more than 100 different tribal groups and languages and is the second largest cocoa producer globally. Its main exports include wood, tuna, diamonds, gold, bauxite (a mineral used in aluminium production) and manganese ore (used in steel manufacturing).

Since returning to multi-party governance more than two decades ago, Ghana has made considerable progress in consolidating its democratic achievements. Ghana consistently ranks in the top three countries for press freedoms and freedom of speech.

In 2015, around 36% of Ghanaians (aged 15 and above) generally had access to bank accounts, compared with 28% in Kenya and only 14% in Uganda. This figure was 19% for savings accounts and 8% for formal loans.

In 2010, more than half of the Ghanaian population lived in urban areas (towns of 5000 or more inhabitants), compared with only 30% at the time of independence in 1957. Urbanisation is predicted to rise by 72% by 2035. Ghanaian cities face considerable challenges in terms of land use, infrastructure, service provision and the absence of gainful and productive employment, especially for young people.

Ghana has been ahead of the curve in Africa for many years. It has achieved impressive results in terms of poverty reduction and rises in income levels. However in recent years, Ghana’s economic position has worsened considerably and the GDP per capita remains weak.

Entrepreneurs du Monde in Ghana

The social microfinance programme ID Ghana was created in 1998 by the NGO Initiative Development, who transferred the responsibility for technical and financial support to Entrepreneurs du Monde in 2006. The structure has been viable since 2011, but it still receives significant technical support from Entrepreneurs du Monde, particularly with a view to extending its work into other communities.