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Ghana remains strategic investment hub despite challenges - IFC


Published on 2025-02-16 22:40:57 - business
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  • By Joshua Worlasi AMLANU The International Finance Corporation (IFC) remains optimistic about Ghana's economic prospects, reaffirming its commitment to supporting private-sector growth despite recent macroeconomic challenges.

The article from The Business & Financial Times discusses Ghana's position as a strategic investment hub despite facing economic challenges. According to the International Finance Corporation (IFC), Ghana's attractiveness to investors is underpinned by its stable political environment, robust legal framework, and a growing middle class. Despite recent economic difficulties including high inflation, currency depreciation, and debt issues, the IFC highlights that Ghana's government has been proactive in implementing reforms aimed at improving the business climate. These include efforts to enhance the ease of doing business, increase transparency, and promote sectors like agriculture, manufacturing, and technology. The IFC also notes that while there are risks, the potential for high returns remains significant, especially with ongoing support from international financial institutions and a focus on sustainable development. The article emphasizes that with the right policies and continued international support, Ghana can overcome its current challenges and continue to be a prime destination for investment in Africa.

Read the Full business Article at:
[ https://thebftonline.com/2025/02/17/ghana-remains-strategic-investment-hub-despite-challenges-ifc/ ]
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