GIPC seeks Diplomatic backing to attract investments

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has called on diplomatic missions and Development Finance Institutions (DFIs) to actively promote Ghana’s investment prospects in global markets, to potential investors, and within their respective networks.

Speaking yesterday, August 14, 2025, during an engagement with the diplomatic community on the Centre’s flagship Investment Opportunity Mapping Project (IOMP), Mr Madjie, stressed that their commitment to championing government initiatives abroad would significantly deepen cross-border collaborations.

Developed in partnership with the Ministry of Trade, Industry, and Agribusiness, and the Ghana Export Promotion Authority (GEPA), the IOMP aims to address the challenge of uneven investment distribution across the country, with 80 per cent currently concentrated in the Greater Accra Region.

Mr Madjie said the project would identify and promote untapped opportunities in all 261 districts of Ghana, directing investment towards underdeveloped areas with significant potential.

He emphasised that the active participation and advocacy of diplomatic missions, DFIs, and international cooperation agencies would be key to attracting targeted Foreign Direct Investment (FDI) and fostering stronger bilateral economic ties.

“The IOMP is not simply about attracting more investments; it is about balancing growth, reducing regional disparities, creating jobs, expanding exports, and building a diversified, resilient economy,” Mr Madjie stated.

He also revealed that the Centre was working to reform the GIPC Act to strengthen investor protection and improve the ease of doing business in Ghana.

Joining the discussions, GIPC Deputy CEO Abdul Razak Baba encouraged the diplomatic missions to become “vocal ambassadors” for Ghana’s district-level investment potential, sharing information widely and connecting investors to upcoming platforms, including the Ghana International Investment Summit (GIIS) scheduled for 2026.

“Your technical expertise, resources, and innovative financing solutions will be vital in identifying and transforming district-level opportunities into bankable, high-impact investments,” Mr Razak Baba noted.

He assured participants that the Centre was committed to working with partners at every stage — from refining investment profiles to co-hosting targeted investor engagements.

Lovi Mehiawo, Deputy Director of Research at the GIPC, led participants through the scope, methodology, and expected outcomes of the IOMP, outlining strategic sectors and the 16 regions identified for priority investment.

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