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Sector Analysis
Ghana Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Ghana Defense Market Report Overview As of 2024, the Ghana defense budget is worth $317 million. The country’s defense budget is expected to grow at a CAGR of more than 11% during 2025-2029. The need to mitigate the escalation in regional instability in the Sahel region is the major factor driving Ghana’s defense expenditure. Additionally, the increasing threat of piracy in the Gulf of Guinea poses a major risk to the maritime trade and compels Ghana to enhance patrolling in...