Audio By Carbonatix
In a significant move to deepen foreign investment in Ghana, the Finance Minister, Dr. Cassiel Ato Forson, met with representatives from British International Investment (BII) to explore strategic opportunities, particularly in agribusiness and the financial sector.
The meeting highlighted Ghana’s evolving investment landscape, with a focus on leveraging private capital for economic growth. “Ghana is open for business, and we welcome partners ready to grow with us,” Dr. Forson emphasized.
A major highlight of the discussion was Ghana’s upcoming Palm Industry Policy, aimed at diversifying the nation’s agricultural base beyond cocoa.
The government plans to develop 50,000 hectares of oil palm, beginning with a $100 million investment for the first 20,000 hectares.
“Our goal is to attract private sector investment into large-scale agribusiness that creates jobs and boosts export earnings,” said Dr. Forson.
The Finance Minister also extended an invitation to BII to support the repositioning and growth of Consolidated Bank Ghana (CBG), signaling a broader push to strengthen the banking sector.
BII, which currently holds over $200 million in investments in Ghana—particularly in the energy sector—responded positively, reaffirming their long-term commitment to the country.
“We see Ghana as a priority market in the region,” BII representatives noted.
In a promising development, BII is considering bringing its full Board to Ghana for the first time in nearly a decade, signaling renewed interest at the highest level.
The institution also expressed readiness to support small and medium-sized enterprises (SMEs), forestry, and other key sectors.
Dr. Forson concluded, “We are creating the right environment for investors who are committed to sustainable growth and shared prosperity.”
Latest Stories
-
Portugal had over 40 staff in Qatar 2022 – GFA justifies expanded Black Stars Technical team
14 minutes -
NHIA donates GH¢800k to Ghana Medical Trust Fund to support NCD patients
26 minutes -
NDC begins nationwide membership registration today with new party register
35 minutes -
NDC’s Ayawaso East vote-buying probe committee set to submit findings today
41 minutes -
Ghana Medical Trust Fund assesses regional hospitals ahead of NCD care rollout
48 minutes -
Offinso MP blames Mahama gov’t for cocoa sector challenges
1 hour -
Baba Jamal’s recall not targeted, decision based on allegations – Kwakye Ofosu
1 hour -
Ayawaso Zongo chiefs caution NDC against cancelling Ayawaso East primary
1 hour -
COCOBOD failed to deliver over 330k tonnes of cocoa in 2023/24 season – Randy Abbey
1 hour -
Baba Jamal denies vote-buying claims, cooperates with NDC probe into Ayawaso East primary
1 hour -
COCOBOD in its most fragile state in nearly eight decades — CEO Randy Abbey
1 hour -
The dichotomy of living with mental and chronic illnesses
1 hour -
Offinso MP urges COCOBOD to be frank with farmers over cocoa sector challenges
2 hours -
Ghana shifts debt strategy towards multilateral, bilateral funding in 2025
2 hours -
Projects with extractive-sector funding: Civil society groups raise alarm
2 hours
