Audio By Carbonatix
Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has assured foreign investors of a secure and non-discriminatory investment climate in Ghana.
According to him, Ghana’s legal and regulatory framework guaranteed protection against expropriation and discrimination, while allowing the free transfer of capital, dividends and profits.
Mr. Madjie gave the assurance in Accra at a meeting with a business delegation led by Japan’s State Minister for Foreign Affairs, Kunimitsu Ayano.
He said foreign investors were treated the same as local investors, subject only to local content requirements aimed at enhancing participation and value addition.
He noted that Ghana’s stable democratic system, predictable governance structures and independent institutions continued to inspire investor confidence.
The GIPC CEO highlighted Ghana’s hosting of the African Continental Free Trade Area (AfCFTA) Secretariat, which provides access to a continental market of about 1.4 billion people, in addition to the Economic Community of West African States (ECOWAS) market of over 400 million people.
He added that Ghana had signed several bilateral and multilateral agreements, including conventions on dispute resolution and arbitration, enabling investors to enforce awards locally.
“Ghana’s Constitution explicitly encourages and protects foreign direct investment,” Mr Madjie said
Latest Stories
-
Food prices in Ghana remain largely stable – AGRA report
28 minutes -
African banks’ foreign subsidiary contributions increasing; Access Bank records fastest cross-border growth
28 minutes -
Fiscal economy to remain firm despite execution risks – Databank Research
38 minutes -
China tightens travel restrictions for citizens
40 minutes -
Welsh actor Matthew Rhys makes Emmy Awards history with double win
54 minutes -
Bond market: Turnover nearly doubled by 94.65% to GH¢4.13bn
59 minutes -
Israeli minister threatens to revoke filmmakers’ citizenship over Gaza documentary
1 hour -
Supreme Court blocks Trump’s plan to restrict mail-in ballots
1 hour -
Macklemore dropped from Ed Sheeran tour after ‘Free Palestine’ speech
2 hours -
Harry and Meghan to have security review and children change school
2 hours -
Valencia sack Corberan and chief executive
4 hours -
Ronaldo demands lifetime bans over Jota chants
4 hours -
Arsenal to contact Pro Ref over Konsa penalty
4 hours -
No weekend game for Manchester derby VAR officials
4 hours -
AI ‘kill switch’ may need to be mandatory, Anthropic co-founder says
4 hours