Ghana held its general elections on December 7 and 8, 2012, re-electing incumbent President John Dramani Mahama. However, Nana Akufo-Addo, flag-bearer of the opposition New Patriotic Party, is challenging Mahama’s narrow win and intends to contest the result in court, a legal process that is sure to be prolonged. The verdict could potentially challenge Ghana’s generally stable and peaceful political environment. What will not change are the country’s close economic ties to China.
On my trip to Ghana in 2011, I observed Chinese foremen at the construction sites of the now completed George W Bush Highway. The massive Ministry of Defense building in Ghana’s capital, Accra, was constructed with a US$50 million Chinese grant. The Bui Hydroelectric Dam is a collaborative project of the government of Ghana and SinoHydro, a Chinese construction company. In 2012, China invested in a new Ghanaian airline that serves domestic routes, and it is likely that the China Airports Construction Corporation (CACC) will be involved in building Accra’s new international airport.
Ghana is not the only African country in which China operates. Indeed, China is the largest financier on the entire continent. Chinese corporations, financial institutions, and the government have invested billions of dollars in large new […]