Ghana’s regulatory reforms strengthened cybersecurity and e-commerce, yet gaps in cross-border data rules persist, even as its cyber market nears $59M and ranks 3rd in Africa.
- Ghana has advanced digital trade regulation with the 2012 Data Protection Act establishing personal data safeguards and the 2020 Cybersecurity Act, strengthening mechanisms against cyber threats. || Source: WBG
+ However, Ghana’s regulatory framework lacks clear rules on cross-border data transfers. - The 2008 Electronic Transactions Act established Ghana’s regulatory framework for e-commerce, covering e-signatures, digital services, fraud prevention, and empowering security agencies against cyberattacks. || Source: ITA
+ And, from 2010 to 2020, Ghana’s Regulatory Quality Score averaged 46%, well above the Sub-Saharan African average of 27%. || Source: MTA - Ghana’s cybersecurity market is projected at US$58.81M in 2025, led by Cyber Solutions at US$36.28M, with average spending of $3.82 per employee. || Source: Statista
+ In the 2020 Global Cybersecurity Index, Ghana scored 86.69%, rising from 32.6% in 2017 and 43.7% in 2018, ranking 3rd in Africa behind Mauritius and Tanzania. || Source: CSA