Ghana’s economy has strengthened its footing as a leading destination for investment in West Africa, underpinned by improved macroeconomic indicators, rising exports and renewed business confidence, Mr Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has said.

He highlighted that Ghana’s economy was valued at nearly US$112 billion, placing the country as the second-largest economy in West Africa, with growth hovering slightly above four per cent.

Mr Madjie disclosed this in a presentation titled “Doing Business in Ghana”, during a meeting in Accra with a business delegation led by Japan’s State Minister for Foreign Affairs, Ms Kunimitsu Ayano.

He noted that exports reached about US$23.3 billion by October 2025 and were approaching US$24 billion, generating an export surplus of more than US$8.5 billion, largely on the back of gold and other raw material exports.

“These figures reflect a level of resilience and stability that is important to investors looking for predictability and long-term returns,” he said.

Mr Madjie said Ghana’s credit rating had stabilised at B-minus, while inflation had eased to about 5.4 per cent, contributing to improved consumer and business sentiment.

He attributed the gains partly to policy interventions by the Bank of Ghana, including liquidity management measures and innovative approaches to strengthening foreign exchange inflows through gold trading.

Beyond macroeconomic performance, Mr Madjie said Ghana continued to offer a strong enabling environment for business, supported by political stability, democratic governance and a legal framework that protects investments against discrimination and expropriation.

He highlighted Ghana’s hosting of the African Continental Free Trade Area (AfCFTA) Secretariat as a major strategic advantage, providing investors with access to a continental market of about 1.4 billion people, in addition to the wider West African market.

“Ghana is not only stable; it is open for business, competitive and ready to partner with investors for growth,” Mr Madjie said.

Ms Ayano reaffirmed Tokyo’s commitment to supporting Ghana’s economic transformation agenda and deepening bilateral trade and investment relations.

She lauded Ghana for its efforts to create a favourable environment for business and investment, citing the successful Business-to-Business (B2B) Matchmaking Event and Business Forum as clear evidence of the country’s commitment to strengthening economic collaboration with Japanese enterprises.