Ghana’s economic growth remains heavily dependent on the mining and oil sectors, raising concerns about the country’s slow structural transformation and limited job creation, experts have said. Speaking at the launch of the Productivity, Employment and Growth Report in Accra on February 24, 2025, Government Statistician Prof. Samuel Kobina Annim stressed the need for Ghana to rethink how labour and capital are combined across all sectors. He noted that while productivity has improved over the past three decades, much of the growth has been driven by extractive industries, which contribute significantly to GDP but create few jobs. “The data shows that while productivity has increased, much of this progress is confined to the mining sector, which does not generate enough employment opportunities,” he said. “If Ghana wants to double its
Tag Archives: JobCreation
Feb
A Chinese company, Jiuling Lithium Mining Company, says it has concluded plans to invest over $200 million in the establishment of a lithium processing factory in the Endo community in the Nasarawa Local Government Area of Nasarawa State. The representative of the Managing Director of the company, Xiong Jin, disclosed this to Governor Abdullahi Sule during a visit to the factory’s site in the local government on Wednesday. Jin assured the governor of the company’s commitment to building one of the largest lithium mining companies in the state. While giving specific technical details about the size of the factory, Jin mentioned that the company would pay graduates employed to work at the mining site a minimum of N500,000. The Managing Director, however, called for the state government’s support in the