Ghana is seeking to deepen economic cooperation with Germany as part of a broader effort to attract investment and accelerate industrial growth, officials said on Tuesday.
At the maiden German–Ghana Business Dialogue in Accra, Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), outlined government initiatives such as the 24-Hour Economy, the Accelerated Export Development Programme and the Big Push Agenda. According to him, these programmes are central to plans to boost productivity, expand exports and build a stronger industrial base.
Ghana is also implementing reforms to improve the investment environment. The measures include a review of the GIPC Act, adjustments to minimum capital requirements and strengthened investor-protection mechanisms. GIPC has upgraded its aftercare and grievance-resolution systems to ensure smoother support for both new and established investors.
Madjie urged German firms to explore opportunities in manufacturing, digital trade, pharmaceuticals, textiles and other priority sectors aligned with Ghana’s industrialisation strategy.
On the German side, Ambassador Frederik Landshoeft pointed to improvements in Ghana’s macroeconomic stability and business predictability. German companies already active in the country, ranging from fintech and machinery to energy and agriculture, are increasingly committing to long-term operations rather than short-term market testing.
Landshoeft flagged energy and infrastructure, manufacturing, digital technology, the circular economy and agriculture and food processing as areas with immediate potential for deeper German engagement. He also noted that Ghana’s location and policy direction position it as a possible gateway to West African markets.
