Country Outlook: Ghana

Country Overview - Ghana(The Good News)

GDP $48B USD 26M Population 5.0% GDP Annual Forecasted Growth for 2014 Broad growth factors (resources, agriculture, industry) Stable (and peaceful!) political system Sound and transparent legal system Strong ties with U.S., large diaspora population

Country Overview - Ghana(The Bad News)

Protracted government fiscal crisis Worst performing currency in 2014 Indecisive management of critical budget/fiscal

problems Critical power challenges Dire need for basic infrastructure upgrades Presidential election in 2016

Energy (Oil/Gas & Power)

First major discovery in 2007, three active fields Gas infrastructure soon in place Potential for additional on/off shore and deep-water

development Maturing oil services sector with regional opportunities

Multi-gigawatt power deficit Coming reforms Focused U.S. programs to tap into

Infrastructure

Potential for BOT/PPP projects Equipment purchase and leasing opportunities

Healthcare Growing presence of private health care providers Established distribution network for pharmaceuticals Dire need for expansion of basic health care services Potential for medical tourism sector

Recent Infrastructure Projects Ghana

Water Sector Municipal Water / Wastewater projects Accra Municipal Drainage Project Stalled

Port Developments Tema Takoradi Atuabo (Lonrho)

What’s Next (Maybe)

Positive outcome of Ghana’s discussions with the IMF; Improvement in the country’s fiscal situation through a

stabilized debt structure, access to Euro Bond financing and a strengthened Cedi;

Prioritized project portfolio as the December 2016 election nears;

$500 million MCC Compact spurring rationalization in the power sector;

Benefits from Ghana’s focused and responsive approach to controlling an Ebola outbreak in the country.