By Adnan Adams Mohammed
The government is pivoting its national investment strategy away from basic capital inflows toward sustainable local production, enterprise development, and long-term job creation, the Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, MP, announced on Friday.
Speaking at the Bank of Ghana during the official launch of the 2025 Annual Investment Report published by the Ghana Investment Promotion Authority (GIPA), the Minister emphasized that the true impact of foreign direct investment (FDI) must be measured by its tangible footprint within the domestic economy.
“Are they expanding our productive capacity, creating opportunities for Ghanaian enterprises, strengthening value chains and opening new markets for what we produce?” Hon. Ofosu-Adjare asked, noting that this shift captures the core of Ghana’s industrial transformation.
According to the report, Ghana secured approximately $2.6 billion in FDI across more than 250 new and existing projects in 2025, driven significantly by reinvestments from established firms. In total, the report outlines nearly $12 billion in announced and pipeline investments.
“Investment should leave a visible economic footprint in Ghana through expanded production, stronger local enterprises, productive jobs and greater access to regional and international markets,” the Minister stressed, pointing to priority sectors such as agro-processing, pharmaceuticals, textiles, and automotive manufacturing.
To support this growth, government is pursuing critical legislative reforms, including the Business Regulatory Reform Bill and new provisions establishing GIPA to modernize investor facilitation. The Minister also urged expanding companies to leverage the African Continental Free Trade Area (AfCFTA) by partnering with local suppliers and developing the local workforce.
Key stakeholders at the launch echoed optimism regarding the country’s economic trajectory:
● Chief Executive Officer, GIPA: Commended the Trade Ministry’s efforts in driving manufacturing which led in total project count while noting that mining services recorded the highest overall FDI value.
● Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana: Described the findings as a strong reflection of renewed investor confidence, stating the report “goes beyond statistics and provides insight into the direction of investment and economic growth.”
The launch concluded with the signing of a Memorandum of Understanding (MOU) between GIPA and the Oxford Business Group (OBG) to launch a joint global investment campaign promoting Ghana’s commercial opportunities.