News Headlines

Ghana attracts over US$3.5 bn FDI in 2018

Ghana has cemented its position as the most attractive destination for Foreign Direct Investment (FDI), ahead of neighbouring Nigeria, by attracting FDI commitments to the tune of well over US$ 3.5 billion in 2018.

Indeed, the actual FDI figures for the year could be considerably higher since data from the Petroleum Commission, Minerals Commission and the Ghana Free Zones Board, only covers the first three quarters of the year. It is possible that the Petroleum Commission’s figures could have risen considerably during the last quarter of 2018 due to the intensity of Aker Energy’s exploratory drilling programme during that period which indeed culminated in the announcement of the largest single oil find in the entire West African Gulf of Guinea to date, a few weeks ago.

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GIPC leads private sector business delegation to Netherlands

The Ghana Investment Promotion Centre (GIPC) is leading a private sector business delegation on an investment promotion mission to the Netherlands scheduled to take place from 4th to 9th March 2019. 

The mission is jointly organized with the Embassy of the Kingdom of the Netherlands in Ghana with the assistance of the Netherlands Enterprise Agency (RVO) and Netherlands African Business Council (NABC) and supported by the Ghana Embassy in the Netherlands. 

The objective of the mission is to showcase investment opportunities in Ghana and pursue opportunities for bilateral trade and investments in the areas of agriculture and agro-processing, waste management, ports and logistics, and Information, Communication and Technology (ICT).

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UK to Increase Investments in Ghana - Minister For Africa

The United Kingdom’s Minister of State for Africa, Harriet Baldwin, has re-affirmed the United Kingdom government’s commitment to increase her investment in Ghana and ensure greater economic harmonisation between the two countries.

Recounting the economic gains and significant strides aimed at formalising and improving the Ghanaian economy in the last few years, Harriet Baldwin, together with some government officials and business leaders of the UK pledged to bring new investments and increase existing UK investments in Ghana.

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Africa Can Be Major Trading Hub — Yofi Grant

The Chief Executive Officer (CEO) of Ghana Investment Promotion Centre (GIPC), Mr Yofi Grant, has said that Africa has the potential to be a major trading hub in the world.

“This is a continent that has about 30 per cent of the world resources such as oil, gas, gold, diamond, bauxite, among others, which takes to develop and thus Africa will develop in the coming years”, he said.

Speaking at a breakfast meeting held by the American Chamber of Commerce, Ghana (AMCHAM) with the members of the National Black MBA Association (NBMA) in Accra last Friday, Mr Grant stated that by 2050, Africa could be the largest hub for trading in the world.

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GIPC signs MoU with German-African Business Association

The Ghana Investment Promotion Centre (GIPC) has signed a memorandum of understanding (MoU) with the German-African Business Association (Afrika-Verein) to co-operate with the objective of fostering bilateral trade and investment between Germany and Ghana. Both sides under the MoU will among other things, agree to regularly identify specific projects to be pushed and supported by both parties on business and political levels.

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Upcoming Events

Thu Jan 10 @ 8:00AM - 05:00PM
5th Salon du Chocolat Seoul 2019
Sun Mar 17 @ 8:00AM - 05:00PM
CII- EXIM Bank Conclave
Fri Mar 29 @ 8:00AM - 10:30AM
GIPC CEOs' Breakfast Meeting
Sat Apr 06 @ 8:00AM - 05:00PM
Annual Investment Meeting
Mon Apr 29 @ 8:00AM - 05:00PM
Agrishow Brazil 2019