Ghana

Ghana

According to the UNCTAD’s World Investment Report 2020, FDI flows in Ghana decreased from 3 million to USD 2,3 million between 2018 and 2019. The FDI stock reached USD 38,5 million in 2019. Mining and oil exploration are the main sectors that attract most of the FDI. The country hosts annual summits (Ghana Investment Summit) to position itself as hub in West Africa for foreign investors. China has the highest number of investment projects registered with Ghanaian institutions, followed by India, the United Kingdom, South Africa, Turkey, Mauritania and France.

 

The authorities in Ghana have been pursuing efforts to simplify the complex and lengthy procedures while also offering tax incentives. Additionally, Ghana is one of the most democratic countries in Africa, and it counts a large and inexpensive labor force, a substantial agricultural base, numerous natural resources and stable institutions. It is also one of the more open economies to foreign equity ownership in the region.

Where there is demand, there is opportunity.- The future is Africa