The Ghana Investment Promotion Centre (GIPC) has reaffirmed Ghana’s commitment to economic transformation, positioning the country as a prime destination for investors through strategic reforms and policies.
According to GIPC CEO Simon Madjie, the government is implementing measures to create a stable and predictable investment climate, emphasizing transparency, accountability, and prudent economic management. He stated that President John Dramani Mahama is keen on welcoming both local and foreign investors, as Ghana embarks on a new phase of economic recovery and inclusive growth.
A major highlight of Ghana’s investment drive is the US$10 billion ‘Big Push’ infrastructure program, aimed at transforming roads, railways, and energy systems. In the energy sector, initiatives such as the Renewable Energy and Green Transition Fund, increased gas utilization, and support for electric vehicle infrastructure are opening up new opportunities for investors. Meanwhile, the petroleum and mining sectors are set for revitalization, with the introduction of a Gold Board to regulate small and medium-scale mining operations.
The government is also prioritizing agricultural growth through projects like the Feed Ghana Programme and Livestock Development Project, aimed at boosting local production and reducing imports. Investments in digitalization, tourism, and manufacturing are further strengthening Ghana’s economic landscape.
Additionally, the introduction of a 24-hour economy is expected to drive business growth, with incentives such as tax breaks and cheaper electricity through a Time of Use (TOU) tariff system. These policies, combined with Ghana’s stable political climate and access to the wider African market under the AfCFTA, enhance the country’s appeal as an investment destination.
“The GIPC is committed to supporting investors and ensuring they maximize the opportunities available in Ghana,” Madjie said. “With the right policies in place, Ghana is ready to become a leading investment hub in Africa.”
As Ghana resets its economy, the government’s focus on infrastructure, industrialization, and regulatory reforms signals a renewed push for sustainable economic growth, making it an attractive choice for investors looking for long-term opportunities.
