FDI

Ghana attracted Foreign Direct Investment (FDI) worth $316 million in the first nine months of 2024, reinforcing its reputation as a prime investment destination in West Africa. The Ghana Investment Promotion Centre (GIPC) disclosed this in its Third Quarter Report, which highlighted the registration of 108 projects with a total estimated investment value of $325.88 million. Local investments accounted for $9.88 million, showcasing robust foreign interest complemented by domestic participation. Out of the 108 registered projects, 85 were wholly foreign-owned, contributing $303.49 million, or 78.7% of the total investments. Joint ventures between Ghanaian and foreign entities made up 23 projects,…