Ghana attracted approximately US$2.61 billion in new investments across 253 projects in 2025, a development the Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, says signals renewed investor confidence in the country’s economic prospects.
Dr Asiama said the investment performance was particularly significant against the backdrop of global uncertainties and subdued investment flows in many parts of the world.
He said the figures contained in the Ghana Investment Promotion Centre (GIPC) 2025 Annual Investment Report demonstrated that investors continued to see opportunities in Ghana despite the economic challenges the country had faced in recent years.
“Investment, at its core, follows confidence. Investors seek environments where policies are credible, institutions are dependable, and economic conditions are predictable,” Dr Asiama said.
He was speaking on Friday, August 21, 2026, when he delivered the opening remarks at the launch of the GIPC 2025 Annual Investment Report at the Bank of Ghana.
According to the Governor, the nature of the investments was equally encouraging, with existing investors maintaining their presence, expanding operations and reinvesting in the Ghanaian economy.
He said there was also growing interest in sectors including manufacturing, agribusiness, logistics and technology-enabled services.
Dr Asiama said the trend aligned with Ghana’s broader ambition to transition from an economy that primarily exports raw materials to one that creates greater value through industrialisation, innovation and competitiveness.
Local investors
The Governor also pointed to growing confidence among Ghanaian businesses, highlighting the registration of 71 wholly Ghanaian-owned projects valued at nearly US$686 million in 2025.
He described the participation of locally owned enterprises as evidence that domestic investors continued to believe in Ghana’s long-term economic potential.
He further welcomed the increasing spread of investment beyond Greater Accra, saying a more geographically balanced investment landscape would be essential to ensuring that economic opportunities were inclusive and benefited communities across the country.
Stability
Dr Asiama attributed the renewed investor confidence partly to improvements in Ghana’s macroeconomic environment.
He noted that the economy had in recent years faced elevated inflation, exchange-rate pressures, tighter financing conditions and declining investor confidence.
However, he said reforms had helped restore stability, rebuild confidence and lay the foundation for sustainable and inclusive growth.
Headline inflation, which rose above 54 per cent at the height of the economic difficulties, had declined to 4.6 per cent in July 2026, he said.
The Governor also cited the recovery of the Ghana cedi against major international currencies, stronger external reserves and increased economic activity across sectors as signs of improved economic conditions.
Opportunities
Looking ahead, Dr Asiama said Ghana was well positioned to attract further investment, particularly because of its role as host of the Secretariat of the African Continental Free Trade Area (AfCFTA).
He said the country’s young and entrepreneurial population, improving infrastructure, abundant resources and fast-growing digital economy further strengthened its position as an investment destination.
He identified agro-processing, manufacturing, energy and ICT among the established sectors offering opportunities, while value-added mining, electric mobility and the regulated digital economy represented emerging areas for investment.
He, however, said Ghana must continue addressing infrastructure gaps, the cost of capital, productivity and the competitiveness of local enterprises to sustain the progress made.
He said the ultimate objective should be to translate investment commitments into new industries, modern technologies, productive infrastructure, increased exports and sustainable jobs.
“Ultimately, our success will not be measured by the value of investments announced, but by the extent to which they improve productivity, expand employment opportunities, raise incomes, and enhance the standard of living of the Ghanaian people,” Dr Asiama said.
