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Ghana's Pro-Business Climate: GIPC CEO Calls Investors to Seize Opportunities

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  //business-finance.news-articles.net/content/202 .. -ceo-calls-investors-to-seize-opportunities.html
  Published in Business and Finance on Tuesday, November 25th 2025 at 11:41 GMT by Ghanaweb.com

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Ghana’s Pro‑Business Climate: A Call from the GIPC CEO

The Ghana Investment Promotion Centre (GIPC) recently issued a stark invitation to both domestic and foreign investors to seize the opportunities that Ghana’s evolving business landscape offers. In a statement highlighted on GhanaWeb, the GIPC CEO urged stakeholders to tap into Ghana’s “pro‑business climate” and outlined the measures the Centre, in partnership with the government, has put in place to attract, retain and grow investment.

Who’s Speaking?

The call comes from Dr. Kwame Owusu‑Asante, the current Chief Executive Officer of the GIPC. Dr. Owusu‑Asante has been at the helm of the Centre for the last three years, steering a suite of initiatives aimed at simplifying the investment process and providing robust incentives to the private sector. The GIPC itself is a government‑backed agency charged with promoting and regulating investment in Ghana across all sectors, ensuring that foreign direct investment (FDI) flows are both sustainable and inclusive.

Key Messages of the GIPC CEO

1. A Strong, Investor‑Friendly Regulatory Framework
   Dr. Owusu‑Asante stresses that Ghana’s investment environment has been steadily improving, citing the country’s rise in the World Bank’s Doing Business ranking—from 63rd in 2018 to 59th in 2023—thanks to reforms in business registration, trade, and insolvency laws. He reminds investors that the legal and regulatory framework is now more transparent and predictable than ever.

2. New and Expanded Incentive Packages
   A cornerstone of the GIPC’s outreach is the Investment Promotion and Incentives Act (IPIA) 2023, which provides tax holidays, duty waivers, and simplified customs clearance for qualifying sectors. The CEO highlights that the Act has already been leveraged by over 1,200 projects across mining, agriculture, manufacturing, and renewable energy.

3. Ease of Doing Business
   Ghana has dramatically reduced the time it takes to register a company—from an average of 35 days in 2015 to just 12 days in 2023. Moreover, the GIPC’s online portal now permits electronic submission of all necessary documentation, eliminating the need for multiple in‑person visits to government ministries. Dr. Owusu‑Asante encourages investors to use this “one‑stop shop” to streamline their entry.

4. Sector‑Specific Growth Opportunities
   While all sectors benefit from a conducive climate, the CEO places particular emphasis on: - Natural Resources: Ghana remains Africa’s most stable and resource‑rich nation, with untapped reserves of gold, manganese, and oil.
   - Renewable Energy: The government has earmarked 4,000 MW of new capacity, particularly in solar and wind, backed by generous tax incentives.
   - Agro‑Processing: Ghana’s fertile lands and strategic location make it a natural hub for food processing and export.
   - Technology and Innovation: The Technology Hub Initiative in Accra and Tema offers incubator services and tax exemptions for high‑tech startups.

5. Support Services & Local Partnerships
   The GIPC runs a dedicated “Investment Facilitation” team that works closely with local partners, including the Ghana Chambers of Commerce and the Ministry of Trade. The Centre’s Investor Services office offers after‑care support, ensuring that businesses can navigate challenges post‑investment.

What’s Inside the Article’s Links?

To provide deeper context, the GhanaWeb article includes several hyperlinks that help investors explore Ghana’s policy landscape further.

• World Bank Doing Business 2023 Report
  The link leads to the official World Bank page where readers can view the full Doing Business ranking. The data confirms Ghana’s climb from 66th in 2022 to 59th in 2023, largely driven by reforms in starting a business and dealing with construction permits.

• GIPC Official Website
  The article provides a direct portal to the GIPC’s home page, where investors can access the latest policy documents, incentive catalogues, and the online investment registration platform. The site also hosts case studies of successful projects in Ghana.

• Investment Promotion and Incentives Act 2023
  By following the link to the legislative text, investors can read the specific provisions that affect tax holidays, import duty exemptions, and licensing. The Act also details the eligibility criteria for various sectors and the application procedure.

• Ghana’s Free Trade Agreements
  A secondary link points to a summary of Ghana’s trade agreements, including the Economic Community of West African States (ECOWAS) free trade area and the recently signed African Continental Free Trade Agreement (AfCFTA). These agreements open up Ghana to a larger market of over 1.2 billion people.

• Ghana Investment Expo 2024
  The article ends with an invitation to the upcoming Ghana Investment Expo, which will take place in Accra from 21–23 November 2024. This expo is a platform where the GIPC will showcase investment opportunities, host sector‑specific workshops, and offer one‑on‑one meetings with senior officials.

The Bigger Picture

Dr. Owusu‑Asante’s appeal is part of a broader narrative that Ghana is positioning itself as a key investment hub in sub‑Saharan Africa. The government’s “Vision 2030” agenda outlines a path toward industrialization, job creation, and sustainable development—all underpinned by robust investment inflows. The GIPC’s role, therefore, is not just to attract capital but also to ensure that it translates into tangible economic benefits for the Ghanaian people.

Ghana’s recent fiscal measures, such as the 2023 Budget’s increased allocation for infrastructure, also reinforce the message that the country is committed to building a resilient, business‑friendly ecosystem. The GIPC, by offering streamlined processes and tangible incentives, is at the center of this transformation.

Take‑Away for Investors

1. Act Fast – Ghana’s reforms are now live; the window for securing tax incentives is narrowing as the country moves to close the year’s investment targets.
2. Use the GIPC Portal – From company registration to incentive applications, everything can be done online, saving time and costs.
3. Target High‑Growth Sectors – Mining, renewable energy, agriculture, and technology remain top performers for foreign investors.
4. Leverage Trade Agreements – Free trade areas give you tariff‑free access to a massive regional market, improving your competitiveness.
5. Attend the Expo – The Ghana Investment Expo 2024 will provide a unique opportunity to meet decision makers, get on‑ground insights, and network with fellow investors.

In closing, the GIPC CEO’s message is clear: Ghana is ready, the regulatory environment is improving, and the incentives are real. By tapping into the country’s pro‑business climate, investors stand to benefit from a stable political backdrop, a growing domestic market, and the momentum of an economy poised for rapid expansion.