GIPC courts German investors with new economic incentives and industrial growth agenda
Ghana has renewed its pitch to German investors, outlining fresh economic incentives and strategic reforms aimed at strengthening bilateral trade and accelerating the country’s industrial transformation.
Speaking at the maiden German–Ghana Business Dialogue in Accra, the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, reaffirmed the government’s commitment to deepening economic cooperation with Germany.
He highlighted flagship national programmes—including the 24-Hour Economy Initiative, the Accelerated Export Development Programme (24H+), and the Big Push Agenda—as key drivers of productivity, export expansion, and industrial development.
Mr. Madjie explained that ongoing reforms to improve the investment climate were a central part of Ghana’s appeal.
These include a review of the GIPC Act, revisions to minimum capital requirements, and bolstered investor protection frameworks.
He added that the Centre had further enhanced its aftercare and grievance-resolution mechanisms to ensure seamless support for both new and existing investors.
Encouraging German businesses to scale up their presence in Ghana, the GIPC CEO pointed to opportunities in manufacturing, digital trade, pharmaceuticals, textiles, and other priority sectors aligned with the country’s long-term industrialisation strategy.
He assured potential partners that the Centre remained ready to facilitate new partnerships and help unlock mutually beneficial ventures.
Germany’s Ambassador to Ghana, Frederik Landshoeft, also lauded Ghana’s progress in stabilising its macroeconomic fundamentals and fostering a more predictable business environment.
He described Ghana as an emerging regional hub, noting that several German companies—from fintech and machinery to energy and agriculture—are making long-term commitments in the country rather than pursuing exploratory ventures.
Ambassador Landshoeft highlighted five key sectors with immediate investment prospects for German firms: energy and infrastructure, manufacturing and industrialisation, digital technology, the circular economy, and agriculture and food processing.
He also emphasised Ghana’s strategic position as a potential gateway to West Africa, presenting early investors with the opportunity to shape the region’s evolving markets.
Source: Classfmonline.com/Cecil Mensah
Trending News

S/R: Forestry Commission arrests 21 suspects in anti-galamsey operation at Yakombo Forest Reserve
09:38
New doctor apathy: NSS to close registration portal Dec 5
10:25
Bawku chieftaincy crisis: Otumfuo Osei Tutu II to submit recommendations to President Mahama
13:36
Awutu Senya East MP launches “light up Kasoa” to boost security ahead of Christmas
12:34
Eswatini Parliamentary delegation visits EOCO to study Ghana’s anti-corruption systems
14:08
Minority Leader hauled to Privileges Committee for alleged contempt of Parliament
14:50
Ahanta West Security Council launches dual investigation to crack down on illegal mining
09:27
1,486 galamseyers arrested in 2025 as government intensifies anti-galamsey fight
10:12
Ghana Medical Trust Fund steps in to support 2-year-old battling rare cancer
11:39
GES sets record straight on 2025 WASSCE results amid public debate
12:07


