Ghana's Ranked Seventh in the Global Rankings: What this Rising Means
The Sound of Accra PodcastMay 21, 2026
253
10:595.03 MB

Ghana's Ranked Seventh in the Global Rankings: What this Rising Means

Listen to this episode next: “The Secrets behind Mobile Money's Explosive Growth in Africa: Insights from Pawa Pay's CFO": https://open.spotify.com/episode/0U2GPEUfyPmhtpmlSu3DoZ?si=CPc16FnAQ9-9CBTMscFFZw

Adrian breaks down Ghana's recent top 10 African ranking in the 2026 Best Countries list, according to Business Insider Africa. He explains what this achievement truly signifies beyond the celebration and explores the deeper implications for Ghana's development, entrepreneurs, and global reputation.

Reference: https://africa.businessinsider.com/local/markets/10-best-countries-in-africa-according-to-latest-ranking/c3l7l9n

Key Topics:

  1. The methodology behind the 2026 Best Countries ranking, including its focus on governance, economy, health, infrastructure and culture.
  2. Ghana's position at seventh among African countries, with recognition of its exports and democratic stability.
  3. Analyzing Ghana's global influence and regional representation, and what it indicates about the country's soft power.
  4. The concentration of Ghana’s economy in Accra, generating 34-39% of the country’s GDP, and the risks associated with this urban dependency.
  5. The significance of Ghana’s comparative advantage in sectors like telecommunications, banking, digital services and resources.
  6. The challenges Ghana faces, such as infrastructure gaps, political stability, and talent retention, despite its ranking.
  7. The importance of building on the strengths and addressing weaknesses to move beyond rankings toward sustainable growth.
  8. Lessons from other African nations’ diverse development strategies and what Ghana can emulate.


Special thanks to our Partners

Send money to your loved ones. You should try Sendwave! Use our code TENI0 to get a £10.00 credit towards your first transfer: https://try.sendwave.com/kjap/3gju22h

Supercharge your media with AI thanks to Castmagic: https://www.castmagic.io/?via=adrian-daniels

Want to start your own podcast? We recommend Buzzsprout!: https://www.buzzsprout.com/?referrer_id=957388

Want to create and edit your own your podcast? We recommend Descript: https://descript.cello.so/Q8VoDhgOhCG


Timestamps

00:00 - Ghana's "Top 10" ranking in Africa- celebration or reflection?

01:17 - How the 2026 Best Countries ranking is evaluated: metrics and methodology

01:47 - Ghana's recognition not just by data, but through regional influence and global perception

02:41 - Ghana's strengths: stability, democracy, and private sector ecosystem

03:11 - Challenges: debt restructuring, infrastructure, environmental issues, and talent drain

04:10 - The critical role of Accra in Ghana’s economic contribution and risks of urban dependency

05:37 - What this ranking means for entrepreneurs, investors and the diaspora

06:39 - The future outlook: sectors to watch ( telecoms, banking, digital, AI and more)

07:51 - How Ghana's soft power and storytelling shape its global narrative

08:33 - Lessons from other African countries and the importance of country-specific growth strategies

09:03 - Building an inclusive, resilient Ghana rooted in democratic stability and innovation

09:50 - The real "race": transforming rankings into actionable growth and national pride

10:07 - Outro


Connect with Us

Website: https://thesoundofaccra.com

YouTube: https://www.youtube.com/@thesoundofaccrapodcast

Social Media: https://linktr.ee/thesoundofaccrapod


📧 Contact

Email: info[at]thesoundofaccra.com


🔗 Connect with Adrian

👥 Linkedin: https://www.linkedin.com/in/danielsadrian/


🎙 About the Podcast

The Sound of Accra Podcast was established six years ago by Adrian Daniels in January 2020, on the back of running networking events in Accra and launching a failed online platform for Ghanaian tourists, visitors and business people. The show spotlights Ghanaian Entrepreneurs, Founders and Creatives worldwide with the aim of leaving listeners with meaningful takeaways to apply to life, business and career. The mission is to showcase Global Ghanaian Excellence.

Speaker:

Ghana has made a global ranking, top 10 in Africa and already I could hear people getting

ready to celebrate, sharing the post, adding the Ghana flag emoji, sending it around to

2

00:00:10,660 --> 00:00:15,080

whatsapp groups but hold on, I want us all to do something differently here.

3

00:00:15,080 --> 00:00:24,360

Instead of just celebrating for the sake of it, let's actually break down what this means

because if we only celebrate rankings without understanding what's underneath them, we're

4

00:00:24,360 --> 00:00:28,224

going to keep making the same mistakes as a country, as a city.

5

00:00:28,224 --> 00:00:30,406

and not as honestly as individuals.

6

00:00:30,406 --> 00:00:34,024

And this is something I've spoken about in previous episodes.

7

00:00:34,024 --> 00:00:35,319

I'll leave a link below.

8

00:00:35,319 --> 00:00:37,311

I'm Adrian Daniels.

9

00:00:37,311 --> 00:00:42,334

You're now listening to the The Sound of Accra podcast where we showcase global Ghanaian

excellence into the world.

10

00:00:42,415 --> 00:00:51,701

Today, we're getting into the 2026 best countries ranking from Business Inside Africa,

which puts 10 African countries on the global list.

11

00:00:51,724 --> 00:00:55,412

We're gonna talk about what this ranking actually means.

12

00:00:55,412 --> 00:00:59,675

where Ghana generally stands and most importantly, what this means for you.

13

00:00:59,675 --> 00:01:09,843

Whether you're building a business in Accra, Ghana, investing from that diaspora,

investing in Africa or trying to position yourself for the next three to five years.

14

00:01:09,843 --> 00:01:10,905

Let's go straight into it.

15

00:01:10,905 --> 00:01:17,370

Let's be clear about what we're talking about because too many of these conversations

happen without actually reading between the lines.

16

00:01:17,370 --> 00:01:24,330

The 2026 Best Countries Report from US News and World Report evaluated 100 countries

across eight categories.

17

00:01:24,330 --> 00:01:33,370

That's governance, economic development, health, civic health, infrastructure,

opportunity, natural environment, culture, and tourism.

18

00:01:33,370 --> 00:01:34,070

right?

19

00:01:34,070 --> 00:01:35,510

100 data points.

20

00:01:35,510 --> 00:01:39,210

This isn't something where you waver a wand and pick your favorites.

21

00:01:39,210 --> 00:01:41,170

This is an actual framework.

22

00:01:41,410 --> 00:01:47,022

Now the 10 African countries that made a list are Seychelles, Morocco,

23

00:01:47,022 --> 00:01:55,567

Tunisia, Egypt, South Africa, Algeria, Kenya, Zimbabwe and Nigeria.

24

00:01:55,607 --> 00:01:59,790

Now, I found something interesting and nobody's really talking about this.

25

00:01:59,790 --> 00:02:03,753

Ghana didn't automatically qualify through the quantitative screen.

26

00:02:03,753 --> 00:02:11,752

The methodology says they expanded to 100 countries and nine additional nations were hand

selected above the data threshold for.

27

00:02:11,752 --> 00:02:15,783

and I quote, global influence and regional representation.

28

00:02:15,783 --> 00:02:17,484

Ghana was one of those nine.

29

00:02:17,484 --> 00:02:21,675

So let me ask you, is that a source of pride or is it a prompt for reflection?

30

00:02:21,675 --> 00:02:25,366

Because it's kind of both, if I was to say the least.

31

00:02:25,366 --> 00:02:32,068

means Ghana matters on the global stage, but also means we're not yet dominating on the

hard metrics.

32

00:02:32,068 --> 00:02:39,830

We were chosen and the difference between being chosen and earning a spot, that gap is

exactly where the work lives.

33

00:02:40,190 --> 00:02:41,010

So.

34

00:02:41,022 --> 00:02:43,462

Ghana came up seventh, all right?

35

00:02:43,462 --> 00:02:47,842

If you're watching on YouTube, you see me highlight the number seven with Ghana next to

it.

36

00:02:47,842 --> 00:02:51,162

Ghana came in seventh among the African countries on this list.

37

00:02:51,442 --> 00:03:02,042

The writer recognises gold, it recognises cocoa, it recognises oil exports, alongside

other growth industries such as telecommunications, banking and digital services.

38

00:03:02,042 --> 00:03:03,042

And I'll agree with that.

39

00:03:03,042 --> 00:03:10,562

I mean, there's a number of companies I've even mentioned on the Sound of Car podcast that

tie in with pretty much almost all these industries.

40

00:03:10,750 --> 00:03:19,833

um it note stability and it kind of notes also our democratic track record, uh our open

business environment and things like that.

41

00:03:20,034 --> 00:03:21,014

And that's real.

42

00:03:21,014 --> 00:03:32,179

Ghana has something that lot of African countries generally don't have, which is a

reputation for peaceful transitions of power and the functional private sector ecosystem.

43

00:03:32,179 --> 00:03:35,960

Entrepreneurs from across the continent come to Ghana to set up.

44

00:03:35,980 --> 00:03:36,881

That's not nothing.

45

00:03:36,881 --> 00:03:40,902

That's actually a huge competitive advantage, I would say the least.

46

00:03:40,946 --> 00:03:43,407

that were consistently underestimated.

47

00:03:43,407 --> 00:03:49,788

But what I would say is that the ranking also sits alongside this reality.

48

00:03:49,788 --> 00:03:58,811

We've just come through one of the most painful debt restructuring processes in history

and the city has taken hits that have wiped out our real purchasing power for ordinary

49

00:03:58,811 --> 00:03:59,531

gardens.

50

00:03:59,531 --> 00:04:03,552

We've had Domsur back, flooding, Galyamse eating our rivers.

51

00:04:03,552 --> 00:04:05,173

These aren't footnotes.

52

00:04:05,173 --> 00:04:08,213

These are actual sensual to the story.

53

00:04:08,333 --> 00:04:10,462

Now Ghana is always holding pride.

54

00:04:10,462 --> 00:04:12,142

and pressure in the same hands.

55

00:04:12,142 --> 00:04:19,382

And I think the entrepreneurs and investors who are going to win here are the ones who

understand both sides of that equation, all right?

56

00:04:19,382 --> 00:04:24,022

Not just opportunity, but also the operational complexity that comes with that.

57

00:04:24,682 --> 00:04:27,962

So here's the data point I want you guys to hold on to.

58

00:04:27,982 --> 00:04:38,762

Research supported by the UN Commission for Africa found that Accra generates somewhere

between 34 % and 39 % of Ghana's entire GDP.

59

00:04:39,322 --> 00:04:40,370

One city.

60

00:04:40,370 --> 00:04:45,134

So when we talk about Ghana's place in the African ranking, we really mostly talk about

Accra.

61

00:04:45,134 --> 00:04:46,415

Think about what that means.

62

00:04:46,415 --> 00:04:56,274

The mobile money infrastructure, which I've spoken about in the previous episode, that

made Ghana Africa's number one ranked mobile money market, that's largely running through

63

00:04:56,274 --> 00:04:57,284

Accra.

64

00:04:57,405 --> 00:05:06,012

The FinTech startups, when you think about the real estate boom and Pocasi, East Lagoon,

Tamar, the creative economy, the film industry, the hospitality sector, putting in the

65

00:05:06,012 --> 00:05:08,210

diaspora from all that is-

66

00:05:08,210 --> 00:05:10,121

concentrated in and around the city.

67

00:05:10,121 --> 00:05:12,652

You know, I've done episodes and things like this.

68

00:05:12,652 --> 00:05:14,393

Accra is not just the capital.

69

00:05:14,393 --> 00:05:15,523

Accra is the engine.

70

00:05:15,523 --> 00:05:21,895

And if Ghana is in the top 10 in Africa, then Accra is doing a huge amount of the heavy

lifting to put it there.

71

00:05:22,356 --> 00:05:26,457

But, and this is the part that keeps me up at night.

72

00:05:26,538 --> 00:05:34,741

What happens when 34 % of a country's economy is concentrated in one city that floods

every rainy season?

73

00:05:34,881 --> 00:05:37,262

That struggles with consistent power.

74

00:05:37,625 --> 00:05:39,977

That's running out of affordable land.

75

00:05:39,977 --> 00:05:44,155

That's watching its best talent get poached by Rwanda and South Africa.

76

00:05:44,155 --> 00:05:48,285

I you've heard about, you know, stories about what's happening in South Africa.

77

00:05:48,285 --> 00:05:53,328

know, Ghanaians having to be rescued from South Africa and they went there because of

opportunities.

78

00:05:53,648 --> 00:05:57,843

The ranking tells you where you are but it doesn't tell you how fragile the foundation is.

79

00:05:57,843 --> 00:05:59,695

It's not going to know everything, right?

80

00:05:59,695 --> 00:06:01,796

Let's face it, as good as data is.

81

00:06:01,796 --> 00:06:03,998

That part you have to figure out yourself.

82

00:06:03,998 --> 00:06:07,018

So let me bring this home because this is a business and entrepreneurship show.

83

00:06:07,018 --> 00:06:13,578

Yes, we showcase global guiding excellence, we'll mainly focus on business and

entrepreneurship and leadership, of course.

84

00:06:13,578 --> 00:06:17,518

So what does this ranking practically mean for someone listening right now?

85

00:06:17,698 --> 00:06:21,978

If you're a diasporic investor, this ranking is a good signal.

86

00:06:21,978 --> 00:06:26,938

It's confirmation that the global conversation about African markets is shifting.

87

00:06:26,938 --> 00:06:29,498

Ghana is in that list that includes Morocco.

88

00:06:29,618 --> 00:06:33,350

Even when we look at Morocco, you can also see here that

89

00:06:33,350 --> 00:06:38,133

Morocco is set to be Africa's next powerhouse, which is very interesting here.

90

00:06:38,133 --> 00:06:39,798

There's a lot happening in Morocco.

91

00:06:39,960 --> 00:06:42,823

It also includes Egypt and South Africa.

92

00:06:42,823 --> 00:06:46,666

Those are markets where serious global capital flows.

93

00:06:46,666 --> 00:06:48,168

All right, let's face it.

94

00:06:48,168 --> 00:06:53,211

The fact that Ghana is in the same conversation means the due diligence conversation is

changing.

95

00:06:53,211 --> 00:06:56,974

Your pitch to international partners slightly got easier.

96

00:06:56,974 --> 00:06:57,935

You can use that.

97

00:06:57,935 --> 00:06:59,692

You can leverage that information.

98

00:06:59,692 --> 00:07:06,952

And if you're building a business in the Kral and Ghana right now, this ranking tells you

that the sectors being recognized are the ones that you should probably focus on, which is

99

00:07:06,952 --> 00:07:10,452

telecoms, banking, digital services and resources.

100

00:07:10,452 --> 00:07:18,932

And to even add to that, you know, I've spoken recently about AI, about FinTech, about

clean energy, about property, about agriculture.

101

00:07:18,932 --> 00:07:22,672

If you're not building any of these spaces, ask yourself why not?

102

00:07:22,672 --> 00:07:24,372

And what is actual focus?

103

00:07:24,372 --> 00:07:25,608

If you're a creator,

104

00:07:25,608 --> 00:07:29,631

or consultant, this is a reminder that Garnet's story is being watched.

105

00:07:29,631 --> 00:07:32,592

The global Garnet community has a real soft power.

106

00:07:32,592 --> 00:07:37,475

How we show up, what we build and how we tell our own story matters more than ever before.

107

00:07:37,495 --> 00:07:39,747

And for everyone, don't let a rite can be the ceiling.

108

00:07:39,747 --> 00:07:42,719

The question is never just are we on a list?

109

00:07:42,719 --> 00:07:48,542

The question then becomes, are we building the things that will keep us on it and move us

higher?

110

00:07:48,542 --> 00:07:49,522

All right.

111

00:07:49,743 --> 00:07:51,648

Now, one more thing, because I want to...

112

00:07:51,648 --> 00:07:56,177

bring this to the close because Africa's presence on this list tells a bigger story.

113

00:07:56,177 --> 00:08:03,510

If you look at the 10 countries, all right, and what they represent, Seychelles wins on

luxury tourism.

114

00:08:04,126 --> 00:08:09,819

and hyper capita income, which is a small island economy playing to its strengths.

115

00:08:09,819 --> 00:08:19,123

Morocco wins through diversification, tourism, agriculture, and automated manufacturing,

know, phosphorate exports, things like that.

116

00:08:19,123 --> 00:08:21,624

And there's now a major AI investment push.

117

00:08:21,624 --> 00:08:27,267

Egypt wins through strategic geography, natural gas, tourism, and the Suez Canal.

118

00:08:27,267 --> 00:08:31,289

South Africa wins on industrial depth, that's mining, finance, manufacturing.

119

00:08:31,289 --> 00:08:34,273

And then you've got Ghana, Nigeria, Kenya,

120

00:08:34,273 --> 00:08:44,001

Zimbabwe, countries where the resources, the youth, the population, the crater energy and

the entrepreneurial intensity are real, but so are the government challenges and the

121

00:08:44,001 --> 00:08:44,932

infrastructure gaps.

122

00:08:44,932 --> 00:08:45,672

right.

123

00:08:45,672 --> 00:08:47,434

So the lesson here isn't to copy anyone.

124

00:08:47,434 --> 00:08:50,536

The lesson here is that there's no single script for African development.

125

00:08:50,536 --> 00:08:55,100

As I always say to people, there's no one playbook for the entire Africa.

126

00:08:55,100 --> 00:08:58,542

Every country that's doing well is doing well on their own terms.

127

00:08:58,642 --> 00:09:02,686

Ghana needs to find that and double down on its own terms.

128

00:09:02,686 --> 00:09:03,366

And I'll argue that

129

00:09:03,366 --> 00:09:11,926

that those terms are democratic stability, digital infrastructure, and the globally

connected Ghanaian community that sends back more than just remittances, it sends back

130

00:09:11,926 --> 00:09:14,986

skills, it sends back networks, it sends back capital.

131

00:09:14,986 --> 00:09:25,046

And once again, I've spoken to people like this who are experts in these very fields, and

you guys can check those episodes out on the Sound of Accra podcast, all right?

132

00:09:25,046 --> 00:09:27,186

I'll leave some in the link below.

133

00:09:27,618 --> 00:09:29,469

Right, so here's where I landed this, guys.

134

00:09:29,469 --> 00:09:31,750

So rankings and mirrors, not just trophies.

135

00:09:31,750 --> 00:09:36,171

And when you look in this mirror, Ghana looks good, but it's not the destination.

136

00:09:36,171 --> 00:09:45,234

The destination is a city in a country where the young people from the University of

Medina has real options, where the Coder in the East Legon doesn't have to choose between

137

00:09:45,234 --> 00:09:47,215

building here and building in London.

138

00:09:47,215 --> 00:09:49,916

They can build right home in Ghana.

139

00:09:50,306 --> 00:09:57,421

Where the entrepreneur in Makola has access to capital, is banked, has consistent power

and digital infrastructure that doesn't let them down.

140

00:09:57,421 --> 00:09:58,782

Where the creative in Osu!

141

00:09:58,782 --> 00:10:01,605

can build a global brand without leaving the city.

142

00:10:01,605 --> 00:10:06,267

That's the Gana that deserves not just to be chosen for a list, but to top it.

143

00:10:06,724 --> 00:10:13,444

So let's celebrate this ranking, you know, as much as I may have talked about some

negatives have gone, let's celebrate this ranking.

144

00:10:13,444 --> 00:10:18,664

If you listen to this episode, my call to action for you today is just to share this

episode with someone.

145

00:10:18,664 --> 00:10:19,824

All right.

146

00:10:19,824 --> 00:10:29,804

And then when we think about it, the real ranking is being written right now, because in

every business decision, every investment, every hire, every product you build and every

147

00:10:29,804 --> 00:10:33,504

problem you choose to solve, build like the ranking depends on you.

148

00:10:33,504 --> 00:10:35,764

Because honestly, it really, really does.

149

00:10:35,764 --> 00:10:36,748

We all have a part.

150

00:10:36,748 --> 00:10:38,019

to play in this.

151

00:10:38,139 --> 00:10:45,024

So having said that, I'm Adrian Daniels, you've been listening to the Sound of Accra

podcast, you've been amazing, God bless you.

152

00:10:45,025 --> 00:10:54,602

Once again, if this episode gave you something to think about, to ponder on, share it with

someone in your network who needs to hear this, who's building, you know, in Ghana or for

153

00:10:54,602 --> 00:10:57,995

Ghana, investing from the diaspora, and I'll see you the next one.

154

00:10:57,995 --> 00:10:58,966

Thank you so much for listening.