Ghana Private Sector Competitiveness Program

Project completed

The Ghana Private Sector Competitiveness Program (GPSCP) aims at supporing inclusive and sustainable growth through enhanced trade and competitiveness and creation of more and better jobs. The program will address constraints to private sector competitiveness and job creation, which currently exist at all levels, from different angles.

Country/region Period Budget
Ghana
01.12.2017 - 30.09.2022
CHF  12’567’258
Background

While Ghana has made impressive economic progress over the past decades, growth has been faltering recently. Stagnating competitiveness, lack of economic diversification and weak job creation are among the main underlying challenges facing the economy. Improving the competitiveness and diversification of the economy is critical to make growth more inclusive and sustainable. This requires substantial institutional and regulatory reforms to improve the trade and business environment, increased private sector investments and productivity growth in the non-resource private sector and a better skilled labor force.

Objectives

The overall goal of the program is to contribute to an inclusive and sustainable growth through enhance trade and competitiveness and creation of more and better jobs.

Medium-term outcomes

remove overarching and industry specific regulatory constraints to growth through improved business regulation and investment policy and promotion framework

improve competitiveness and productivity of actors in the cashew and palm oil sectors in a sustainable way (especially smallholer farmers and small and medium enterprises)

enhance and structure the necessary skills of the labor force in cashew, oil palm and construction through a demand oriented training delivery

Results

Expected results:  

Input to economy wide business regulation revision provided

Input to investment policy and promotion framework revision provided

Sector specific regulatory reviews conducted

Supply chain actors capacitated to increase yields, profitability and income

Sustainability standards promoted along the supply chains to improve competitiveness

Gender equality and youth participation along the value chains strengthened

Sector organization in cashew and palm oil supported

Stakeholders capacitated to improve framework conditions in skills development

Local business actors strengthened to engage in skills development

Expansion of Competency based training approach assisted

Implementation of courses (agro-processing, construction) facilitated


Directorate/federal office responsible SECO
Credit area Development cooperation
Budget Current phase Swiss budget CHF    12’567’258 Swiss disbursement to date CHF    0 Budget inclusive project partner CHF    49’182’000
Project phases

Phase 1 01.12.2017 - 30.09.2022   (Completed)