Ghana’s wealth of resources, democratic political system and dynamic economy, makes it undoubtedly one of Africa’s leading lights. Gaining the world’s confidence with a peaceful political transition and a grounded and firm commitment to democracy has helped in expediting Ghana’s growth in foreign direct investment (FDI) in recent years.
Ghana has attracted the attention of well-known international businesses, investing in all sectors of our economy. All these investors have come to Ghana because they know we have a wonderful conducive social, political and economic environment in which they can invest, grow and be successful. Building on significant natural resources, our dear nation is committed to improving its physical infrastructure.
Ghana has recently embarked on an ambitious but achievable reform programme to improve the investment climate for both local and international investors. These efforts have paid off tremendously with Ghana being ranked the best place for doing business in West Africa, ahead of Nigeria and Cote d’Ivoire, according to the 2017 Ease of Doing Business Report. Ghana ranked 108, an improvement from the 111 rank in the previous report. The indicators as described in the report includes: getting electricity (moved from 122 in 2016 to 120 in 2017), resolving insolvency (moved from 158 in 2016 to 155 in 2017) & trading across borders (moved from 167 in 2016 to 154 in 2017).
Again the Ghana Investment Promotion Centre (GIPC) has been adjudged the Best Investment Promotion Agency (IPA) in West and Central Africa for 2015 at the Annual Investment Meeting (AIM) Awards in Dubai. The AIM Investment Awards, which is organized under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, recognizes Investment Promotion Agencies (IPA) for their outstanding work in successfully attracting sizable and beneficial foreign direct investment projects that contribute to the national economic growth and development of their countries.
As happy as we are to receive such recognition, we are even happier to see increased investments and re-investments in Ghana as a result of these ongoing reforms. Just this last year alone, the Ghana Investment Promotion Centre registered over US $ 3 billion worth of investments. As is evident, Ghana’s highest recognition has come from the investor community.
Ghana has a solid tradition of investments in agriculture and agro-processing. The financial services and telecommunications sectors are fast gaining ground, providing dynamic and innovative services to the most diverse customers in the world. Further opportunities exist in manufacturing, ICT, and Tourism. Mineral deposits including gold and diamond abound, and with the discovery of oil, Ghana’s famous black star has never shone brighter.
The Ghana Investment Promotion Centre wish to welcome you all to our beautiful country. We trust you will find our reputation for unparalleled hospitality well-deserved, and our ability to triumph in challenging circumstances as steadfast as ever. We re-affirm our commitment to moving our continent forward and look forward to very useful engagements between all stakeholders.