Ghana’s economic engagement with Europe continues to deepen, with cumulative European investments exceeding US$16.24 billion in more than 2,200 projects amid efforts to strengthen competitiveness and expand trade opportunities.
The development emerged during a Ghana-European Union dialogue on economic stabilisation and the business environment, where policymakers and investment stakeholders explored measures to deepen trade relations, improve investment conditions and expand opportunities under the Economic Partnership Agreement (EPA).
Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr Simon Madjie, said the investment figures underscore the importance of European partnerships in Ghana’s economic development agenda, particularly as the country seeks to accelerate industrialisation and attract sustainable capital inflows.
He noted that strengthening engagement between Ghana and European partners remains critical to supporting economic transformation and positioning the country as a preferred destination for investors.
European Union Ambassador to Ghana, Rune Skinnebach, emphasized the EU’s role as Ghana’s largest investor and highlighted the bloc’s commitment to deepening economic cooperation and creating stronger commercial links.
The dialogue focused on enhancing investment flows and creating an environment that supports business growth, competitiveness and sustainable economic outcomes.
German Ambassador to Ghana, Frederick Landshoft, described Ghana as a “gateway to West Africa,” noting the country’s strategic importance for regional trade and investment activities.
Deputy Minister of Trade, Agribusiness and Industry, Sampson Ahi, indicated that Ghana’s priorities are evolving from economic stabilisation toward broader transformation efforts centred on job creation, industrial expansion and long-term development.
He said government attention is increasingly focused on building productive sectors and ensuring that economic gains translate into sustainable growth outcomes.
Participants at the engagement also examined ways of deepening the Economic Partnership Agreement and unlocking additional opportunities that could support trade expansion, investment growth and stronger economic cooperation between Ghana and the European Union.
