The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has met with the Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, to discuss strategies aimed at enhancing Ghana’s business environment and attracting more investments.
During the courtesy visit, Mr. Madjie outlined GIPC’s plans to map investment opportunities across all districts in Ghana. He explained that this initiative would result in a comprehensive database of regional investment prospects, which both GIPC and the Ministry could leverage during trade missions to attract investors.
“One of our priorities is to identify investment opportunities in every district across Ghana. This will culminate in a detailed database of regional investment prospects, which the Centre and the Ministry can use to effectively market Ghana as a prime investment destination,” Mr. Madjie stated.
Collaboration
The GIPC CEO also emphasised the importance of stronger collaboration with relevant state agencies to streamline investment promotion efforts. He highlighted the need for a unified national strategy to ensure accurate and comprehensive investment data, ultimately positioning Ghana as the top business hub in the region.
“To present a clearer picture of total investments attracted into the country, we must work closely with all relevant agencies to ensure data accuracy and a holistic view of Ghana’s investment landscape,” he added.
Mr. Madjie further pointed to opportunities for both local and foreign investors under the government’s 24-hour economy policy, as well as integration into the African Continental Free Trade Area (AfCFTA). He urged the Minister to support GIPC’s initiatives in facilitating investor participation in these key areas.
Commitment
Madam Ofosu-Adjare reaffirmed her commitment to working closely with GIPC and other agencies under her Ministry to create a conducive environment for businesses. She announced plans to engage key stakeholders to develop a concrete action plan aimed at strengthening partnerships and enhancing coordination across the investment ecosystem.
In addition, she disclosed plans to launch the “Feed the Industry” project, an initiative designed to ensure that produce from commercial contract farmers directly supplies Ghanaian industries. This project aims to address raw material shortages and create synergies between government agencies, private sector players, and investors.
“This initiative presents exciting opportunities for collaboration between government entities and private investors,” she noted.
The Minister also identified priority sectors ripe for investment and emphasised the need for GIPC and its partners to intensify efforts in channeling investments into these areas. She assured Mr. Madjie of her full support in advancing GIPC’s mandate to boost Ghana’s investment competitiveness on the global stage.
The meeting marked a significant step in fostering a more coordinated approach to investment promotion, with both parties committed to working together to unlock Ghana’s full economic potential.
