 10 lucrative business ideas and sectors worth investing in Ghana. Have you ever wanted to start a business? Do you want to know which business is the most profitable in Ghana to invest in? A lucrative business is what every upright thinking investor will want to venture into. In this day and age, we all want to be wealthy and live a comfortable life. Some businesses are more profitable and productive in some locations than others. Many profitable and lucrative business opportunities exist in many countries such as Ghana and Nigeria, such as agriculture, oil and gas, education, and many others. Ghana is blessed with many simple businesses and opportunities that are practically not affected by any form of economic downturn. Do you want to start a profitable business in Ghana but don't know where to start or where to invest? Continue watching Africa reloaded until the end to learn about the 10 profitable business ideas and sectors worth investing in Ghana. 10. Event Planning One of the most profitable business ideas in Ghana is event planning. It is simply the planning of people's events such as weddings, birthdays, dedications, convocations, and so on. Essentially, an event planner is hired to relieve the celebrant of the burden of event planning. As an event planner, you must have an office or at the very least have your phone number and contact information publicly available so that people can contact you. You may also be required to hire a hall, set up the event, and provide food caterers. 9. Drop Shipping Drop shipping is one of the most profitable internet business ideas. Essentially, it is a type of a commerce business in which you can sell goods that you do not own. However, you will need to set up an online store and advertise your products across multiple platforms. One intriguing aspect of drop shipping is that no inventory is required. You only purchase from your supplier after your customer has paid and the item has been shipped to your customer's address. 8. Courier Services Courier services are another profitable business idea. You want to solve problems caused by product deliveries with this company. Starting and running your courier service requires little capital, but it can be very profitable if well managed. The business simply entails you delivering products and goods from one location to another within a city. Sometimes from one city to another and as technology advances from one country to another. People will always need to transport goods from one location to another, so this business will undoubtedly be profitable. 7. Construction Investment to deliver infrastructure is very viable and this demonstrates how investment in construction has not yet been consumed, indicating that Ghana's infrastructure construction is not yet complete. Ghana, with its thriving real estate industry and high demand for infrastructure development, offers a diverse range of opportunities for companies looking to enter the market. Most non-emergency government road construction contracts are open to both local and international companies through a competitive bidding process. Thus, investing in construction is a wise choice for a profit-seeking investor. 6. Crude Oil and Energy Foreign-based companies continue to enter the market and the recent implementation of local content laws means that a large number of foreign companies operating in Ghana now require local partnerships in order to do business. The discovery of oil in Ghana's Jubilee field in 2007 is worth $1.5 billion to $2 billion, attracting many oil and gas investors. The majority of electricity generation and distribution is owned by the government. However, the Ghanian government has recently held discussions with various investors about the construction of power plants. This has made this field to be a lucrative field to invest in. 5. Mining Over the past 21 years of stable multi-party democracy, the country has attracted significant mining investment. As a result, the mining sector has been an important part of Ghana's economy, with gold accounting for more than 90 percent of the sector. The mining sector produced 4 million, 313 thousand, 190 ounces of gold, the most in the country's history, resulting in export revenues of more than $5.6 billion. Ghana is Africa's second largest gold producer and the world's ninth largest producer. This has included the creation of a database of goods and services required by the mining industry. Investing in gold mining and services offers a tremendous opportunity. 4. Tourism Travellers regard Ghana as one of the friendliest countries in Africa. Ghana has a diverse range of tourist attractions, from the warm sandy beaches of the Atlantic Coast to lush tropical forests and unique wildlife. Handicrafts, traditional clothing like the kente, local cuisines, and several colorful festivals are also available throughout the year. Ghana is also well known for its historical European built forts and castles, which played an important role in the transatlantic slave trade. There are numerous opportunities for the development of resorts and hotels in these areas. Ghana is also one of the few West African countries that has never been affected by the Ebola virus. Ghana is easily accessible from all over the world. 3. Education Private universities are the places to put your money. Ghana has become the educational hub for its neighbors, most notably Nigeria and even Cameroon. There are currently about 51 private universities that are affiliated with government universities. People are willing to spend almost any amount of money on tutoring and support for their children. The increased ability to spend will drive market growth as the middle class becomes wealthier. If you find yourself in this business sector, then you are a billionaire. 2. Entertainment Ghana's indoor entertainment industry is thriving. Investment in movie theaters has resulted in 100% profits for companies such as Silverbird, Ghana's sole operator of movie theaters. They have had a monopoly for a long time. Aside from indoor movie theaters, Ghana currently lacks indoor multi-purpose arenas that could be used to stage music concerts as well as host both international and local conferences and summits. The Acra International Conference Center, with a capacity of approximately 1,600 people in its plenary hall, is currently the only available auditorium in Ghana. An investment in a modern, cutting-edge multi-purpose arena will yield enormous returns. 1. Agriculture The agricultural sector is a major economic driver in Ghana. Ghana imports over $450 million in rice alone each year, as well as significant amounts of chicken, meat, and dairy products, so there is a greater opportunity for local crop and livestock investment. With global rice prices rising, increased agricultural output will help to alleviate the problem. Ghana has proven to be a strategic location for agricultural investment, as evidenced by its partnerships with the European Union and the United States to post agriculture. Thus, investing in Ghana's agricultural sector is a lucrative opportunity for any investor. These are just a few of the business ideas and sectors in Ghana where you can profit handsomely as an investor. Are there any other sectors that you are aware of that we did not mention? Please tell us in the comments section. Also, please share this video and subscribe to our channel.