4 reasons you should invest in West Africa

According to World Bank and other big organizations, West Africa is a very promising place to invest in. The region has shown rapid growth and there are lots of prospects in this region. Here are the reasons why you should investment in West Africa.

Have excellent growth potential

Advancements in technology and education have led to the growth of this region. There are great opportunities to invest in ICT, telecommunications, agriculture, infrastructure, and other sectors.

Cheap labor

The labor cost in West Africa is lower than other countries. So, entrepreneurs will be in a better position if they invest here. Their cost of running a business will be reduced significantly.

Raw materials are affordable

There are a huge amount of natural resources in West Africa. You will be able to find raw materials easily here. You won’t need to import and so you will save a lot of money.

Debt levels are low

The debt levels of West Africa are lower than other countries. For example, the debt level of UK is 77%, while the debt level of this region is only 16%.

West Africa has a lot to offer to ints investors. The workforce is growing and you will never be short of good local employees. You will easily find labor and raw materials at a very low price. The economy is expanding, which indicates that West Africa is a great place to explore and invest. There are many sectors that are booming like the property market and the ICT sector. It is wise to invest in these sectors to earn more revenue.

5 major tribal groups in Ghana

West Africa is a very prosperous country now. The economic and political condition of this place is much better now than the previous days. In Ghana, you will find rich culture. Various tribal groups live here and here are the most influential ones.

The Ashanti Tribe

This is the largest tribe in Ghana. More than 7 million people are part of this tribe. Their leaders have been very influential. They have in skills in the artwork. Much of the sculptures and furniture are made by these people.

The Ewe Tribe

Besides Ghana, these tribes are found in Togo and Benin as well. They have their own language. Music and dance is an important part of their culture.

The Hausa

Most people of this group live in Ivory Coast, Nigeria, Chad, and other parts of West Africa. They have their own unique language. They have a rich culture.

The Guan Tribe

It is believed that these people had migrated from Burkina Faso in the 1000 AD. They have settlements in Afram Plains, Akwapim Hills, and other places.

The Kusasi People

They live across the Bawku districts in Ghana. They had a good relationship with other tribal groups, but recently there has been discontent about the control of Bawku.

These tribes have their own language and culture making Ghana a culturally diverse place. Most of the tribes have a good relationship with other tribal groups. The tribes are unique in their own ways. They form a huge part of the West African population.

3 places you must visit in West Africa

West Africa has various states and huge population. This part of the world has bright future. The people here are very friendly and the place attracts lots of visitors from around the world. Here are some of the places you must visit in West Africa.

Ghana

The Mole National Park is situated here and it is one of the most visited parks in West Africa. There is safari park and you can go around on foot if you want to. You will be able to see elephants, baboons, monkeys and other wild animals. You will have a great time visiting this park. The capital of Ghana is Accra and you will find lots of restaurants, shopping malls, night clubs, etc. You will find many high-rise apartments here as well.

Cape Verde

It is a very beautiful place in West Africa. It is an archipelago that has about 10 islands. Here you will find lovely beaches, luxury hotels, great restaurants, and more. You can go jet-skiing in the water and have the adventure of a lifetime.

Gambia

It is a very small country and is surrounded by beautiful beaches. You will find palm trees and beautiful lagoons. In Gambia, you will find some rare wildlife in the Gambia National Park and other parks as well.

West Africa is not only a country of jungles and wildlife, you will find beautiful beaches here as well. So, whether you want to relax on the beach or enjoy a safari, you should visit these places of West Africa.