The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Ghana  
Rank: 91 · Score: 40.4  

Basic facts, 2017        
Population (millions) 28.2   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 42.7   M&A volume (quartile) 2nd
GDP per capita (US$) 1,514.8   Venture capital investments (quartile) Bottom
GDP growth (per cent) 5.9   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 91 33, 31, 34, 34, 34 40.4
1 Economic Activity 49 66, 57, 59, 67, 76 79.4
2 Depth of Capital Market 92 27, 27, 31, 31, 33 24.5
3 Taxation 93 37, 33, 32, 34, 32 86.5
4 Investor Protection and Corporate Governance 50 80, 78, 74, 74, 75 64.7
5 Human and Social Environment 70 63, 60, 52, 53, 55 44.2
6 Entrepreneurial Opportunities 102 23, 25, 23, 23, 23 33.2


 
Historic performance, 2014-2018   Key driver performance, 2018

   

VCPE Rank  
VC Rank  
PE Rank
Ghana  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Uganda 71.0 27.5 91.9 57.0 41.3 40.1
Ivory Coast 74.5 35.6 40.7 51.5 51.0 29.8
Tanzania 82.4 31.2 56.0 59.8 35.2 35.3
Ghana 79.4 24.5 86.5 64.7 44.2 33.2
Namibia 36.2 26.1 90.5 73.2 52.8 29.0
Malawi 52.4 17.2 84.2 54.0 38.7 31.1
Rwanda 63.0 10.5 79.9 60.3 62.5 28.6
Last updated: 3 Feb 2018