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

Ghana  
Rank: 89 · Score: 40.2  

Basic facts, 2015        
Population (millions) 27.4   IPOs and pulic issues (quartile) 2nd
GDP (US$ billions) 36.5   M&A volume (quartile) 2nd
GDP per capita (US$) 1,332.0   Venture capital investments (quartile) Top
GDP growth (per cent) 3.5   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 89 33, 36, 38, 35, 36 40.2
1 Economic Activity 53 122, 95, 88, 77, 72 86.4
2 Depth of Capital Market 94 28, 29, 30, 28, 31 21.0
3 Taxation 93 47, 40, 37, 33, 32 85.2
4 Investor Protection and Corporate Governance 51 80, 77, 80, 78, 74 65.8
5 Human and Social Environment 66 69, 64, 71, 65, 59 46.3
6 Entrepreneurial Opportunities 93 27, 32, 30, 31, 32 37.0


 
Historic performance, 2012-2016   Key driver performance, 2016

   

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 87.7 32.1 91.8 58.6 40.5 30.8
Nigeria 75.9 28.9 49.7 52.8 27.3 53.0
Tanzania 93.3 30.6 71.3 56.8 34.0 31.7
Ghana 86.4 21.0 85.2 65.8 46.3 37.0
Kenya 20.5 27.8 87.7 57.2 46.9 50.8
Namibia 48.7 20.3 90.6 73.7 52.1 31.4
Malawi 78.3 18.0 84.3 55.1 38.0 27.1
Last updated: 8 August 2016