GIPC CEO, Simon Madjie
Google search engine

The Ghana Investment Promotion Authority (GIPA) is targeting about US$11.4 billion in announced investments by the end of 2026, as the country steps up efforts to attract capital into strategic sectors of the economy.

At the launch of the 2025 Annual Investment Report in Accra, the Chief Executive Officer of GIPA, Simon Madjie, said the investment pipeline covers key areas including manufacturing, agriculture, mining, energy, technology, tourism and infrastructure.

According to him, the projects present significant opportunities for job creation, industrial development and broader economic growth, with several investors already taking concrete steps to establish operations in Ghana.

Madjie disclosed that a United Arab Emirates-based company is exploring the establishment of artificial intelligence (AI) free zones in Ghana and has already engaged the Ghana Free Zones Authority and other relevant government agencies to advance the proposed investment.

He said a number of other investors are also making progress in the manufacturing sector, while a Japanese company has announced plans to invest US$100 million in agriculture over the next four years.

“These are investments that they’ll be doing over time,” Madjie said, stressing that many of the investors have already begun taking steps towards actualising their commitments.

The Chief Executive Officer of GIPA cited KEDA and other companies in the Western Region, which have commenced construction of a floating glass factory valued at about US$250 million, as an example of investors moving from announcements to implementation.

He also mentioned Olam, which has begun work on a pasta manufacturing facility in Tema.

Madjie also said GIPA’s focus is now on working with investors and relevant government agencies to address directives, regulatory challenges and other bottlenecks that could delay the implementation of announced projects.

“Our objective is to deal with some of the directives, deal with some of the bottlenecks, to ensure that these investments that are promised are actualised in our country,” he said.

The authority’s efforts form part of broader measures to convert investment commitments into operational projects, with the government seeking to leverage private capital to support economic transformation and create employment opportunities.

By Coffie Mawuedem Noel