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GIPC Boss Outlines Plans to Expand Investment Opportunities Across Ghana’s Districts

GIPC plans to map investment opportunities across Ghana’s districts, creating a database to attract investors and strengthen trade discussions, aligning with government initiatives for economic growth

Stanley Senya
Feb 24, 2025

The Ghana Investment Promotion Centre (GIPC) has outlined plans to map investment opportunities across districts in Ghana to build a comprehensive database that will enhance efforts to attract investors.

Mr. Simon Madjie, Chief Executive Officer of GIPC, announced the initiative during a courtesy call on Mrs. Elizabeth Ofosu-Adjare, Minister of Trade, Agribusiness, and Industry. He explained that the database would help the Centre and the Ministry to promote regional investment prospects more effectively during trade negotiations.

“This will culminate in a detailed database on regional investment prospects, which the Centre and the Ministry can leverage during trade discussions to help investors,” Mr. Madjie stated.

The meeting focused on collaborative strategies to strengthen Ghana’s business environment and attract investments.

Mr. Madjie emphasized the need for synergy among state agencies to streamline investment promotion, highlighting that a unified national strategy is essential for positioning Ghana as the region’s leading business destination.

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“To present a clearer picture of total investments attracted into the country, we must work with all relevant agencies to ensure accurate and comprehensive investment data,” he added.

Mr. Madjie also encouraged both local and foreign investors to leverage the government’s “24-hour economy” policy and take advantage of the African Continental Free Trade Area (AfCFTA), which offers access to a vast regional market, urging the Minister to support GIPC’s initiatives to maximize these opportunities.

In response, Mrs. Ofosu-Adjare reaffirmed her commitment to collaborating with GIPC and other agencies under the Ministry to create a business-friendly environment. 

She announced plans to meet with stakeholders to develop a concrete action plan for strengthening partnerships and improving coordination.

The Minister also unveiled the upcoming “Feed the Industry” project, which aims to link produce from commercial contract farmers directly to Ghanaian industries to address raw material shortages.

“This initiative presents exciting opportunities for collaboration between government agencies, private sector players, and investors,” she noted.

She added that priority sectors have been identified for investment, and she encouraged GIPC and its partners to intensify efforts to attract capital into those areas.

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