The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, has reaffirmed the Centre’s dedication to promoting knowledge exchange and sustainable economic development through strategic technology transfer.

He made these remarks during the GIPC’s first round of stakeholder engagements on Technology Transfer Agreements (TTAs), held from June 23 to 25, 2025, in Accra.

The engagements form part of the Centre’s broader efforts to enhance understanding of TTAs and improve compliance within Ghana’s investment framework.

Addressing participants, Mr. Madjie emphasised the critical role of collaborative efforts among regulatory institutions to ensure the effective administration of TTAs.

These agreements are essential tools for transferring technical know-how and proprietary knowledge from international partners to local businesses, thereby strengthening Ghana’s industrial capacity.

The stakeholder sessions attracted a wide array of participants, including representatives from regulatory agencies, financial institutions, and the private sector.

Discussions focused on raising awareness about the TTA registration process, compliance obligations, and the broader benefits of technology transfer in national development.

Mr. Emmanuel Osei, Head of GIPC’s TTA Department, provided an in-depth overview of the legal and operational frameworks governing TTAs in Ghana.

He highlighted common challenges encountered during implementation and offered practical recommendations for streamlining administrative processes.

Also contributing to the dialogue, Ms. Naa Lamle Orleans-Lindsay, Director of the Centre’s Legal Division, delivered a presentation on the anticipated Ghana Investment Promotion Authority (GIPA) Bill.

She engaged stakeholders on key elements of the current legal regime and the proposed reforms aimed at strengthening investment governance.

Further institutional perspectives were shared by officials from the Bank of Ghana and the Ghana Revenue Authority, who outlined their respective roles in ensuring accountability and regulatory compliance in the TTA space.