The National Development Planning Commission (NDPC) and the Ghana Stock Exchange (GSE) have announced a strategic partnership aimed at strengthening Ghana’s capital markets as a driver of national development.
The collaboration is expected to expand domestic resource mobilisation, boost private sector investment, and give ordinary Ghanaians greater ownership in the economy through participation in the stock market.
Dr. Nii Moi Thompson, Chairman of the NDPC and Senior Presidential Advisor on the UN Sustainable Development Goals (SDGs), disclosed this when he paid a courtesy call on Madam Abena Amoah, Managing Director of the GSE, in Accra.
He explained that the joint effort would help mobilise billions of cedis to finance businesses and infrastructure projects while deepening the activities of the capital market.
“Currently, we remain tenants on our own land, as the largest and most lucrative parts of the economy are dominated by non-Ghanaians,” Dr. Thompson observed.
He stressed the importance of supporting private investors with capital and policies that would expand opportunities for local ownership.
He further urged that while foreign investors should continue to be welcomed, incentives must be structured in ways that promote partnerships with Ghanaians and ensure purposeful transfer of technology and management expertise.
For her part, Madam Amoah described capital markets as a critical pillar for mobilising private finance to support economic growth, including funding infrastructure, industry, and services.
She noted that Ghana’s limited investment vehicles had driven many citizens to place billions of dollars annually in foreign investment schemes, depriving the domestic economy of crucial capital.
“We believe that through closer collaboration with the NDPC, we can shape policies, provide quality data, and build investor confidence to retain and grow Ghanaian investments at home,” Madam Amoah said.
Both institutions say the partnership is designed to reduce foreign dominance in key sectors while boosting Ghanaian participation in wealth creation.
Analysts believe such a move could play a pivotal role in achieving inclusive and sustainable development under the AfCFTA framework.
The NDPC-GSE collaboration is to lay the groundwork for stronger capital mobilisation, deeper financial inclusion, and a more resilient Ghanaian economy.
