The Ghana Investment Promotion Centre (GIPC) said upcoming legal and policy reforms will strengthen investor protections and modernise incentives, as authorities seek to convert macroeconomic stabilisation into sustained foreign direct investment.
Speaking at a U.S.-Ghana Commercial Dialogue in Accra organised by the American Chamber of Commerce Ghana, GIPC Chief Executive Officer Simon Madjie outlined measures under the proposed Ghana Investment Promotion Authority Bill aimed at reshaping the country’s investment regime.
Madjie said the reforms would streamline entry procedures, reinforce legal safeguards for investors and overhaul the incentive framework to support long-term partnerships.
The government is targeting the expansion of the economy to $140 billion over the medium term, anchored on projected real GDP growth and a pipeline of bankable projects in agro-industry, manufacturing, energy, infrastructure, tourism and business process outsourcing, he said.
To attract capital into priority sectors, Madjie pointed to targeted concessions, including reduced corporate tax regimes and locational incentives as low as 5% in selected areas of northern Ghana. The measures are designed to lower risk for investors and channel private capital into underserved regions.
The forum drew U.S. company representatives, financiers and development partners exploring opportunities in West Africa’s second-largest economy.
AmCham Ghana Chief Executive Officer Doris Kafui Afanyedey said recent macroeconomic stabilisation must translate into tangible gains in FDI, employment and technology transfer. She identified ease of doing business as a decisive factor for investors and cited digitisation and faster approval processes as positive reforms that need to be accelerated and made visible at the firm level. The dialogue forms parts of works to restore investor confidence following recent fiscal and currency pressures, positioning regulatory clarity and incentives as central pillars in its next phase of growth.
