Ghana's industrial sector showed robust performance in Q2 2024, with an 8.2% year-on-year growth, driven by the mining and quarrying sector, which grew by 8.2%, and manufacturing, which expanded by 8.3%.
Mining of metal ores surged by 12.1%, while the basic metals sub-sector in manufacturing recorded a remarkable 18.5% growth.
Despite challenges in the energy sector, which saw a 1.4% decline, the outlook for industrial growth remains positive, supported by strong global demand for minerals and improved domestic production capacity.
Analysts anticipate continued growth in the second half of 2024.
Read full article