Cracking the Investment Promotion Code

Ghana is at the forefront of Africa’s efforts to attract foreign investment. R. Yofi Grant, CEO of the Ghana Investment Promotion Centre, shares what he has learned from connecting international investors with the country’s most exciting opportunities.

Governance Matters: The Ghana Investment Promotion Centre (GIPC) recently won several industry awards in recognition of its work. What makes the GIPC stand out from other investment promotion agencies around the world?

R. Yofi Grant:  The GIPC pursues a highly proactive and targeted investment promotion strategy with the aim of attracting Foreign Direct Investment (FDI). This strategy includes various activities such as organizing investment roadshows, participating in international conferences and exhibitions, and facilitating business matchmaking events. By engaging with potential investors, the GIPC effectively showcases investment opportunities in Ghana and helps to form partnerships between investors and local businesses.

We view the investment process as a lasting relationship rather than a one-off event. That is why we place considerable importance on supporting investors and providing aftercare services. The GIPC also has a dedicated aftercare unit that provides continuous assistance to investors throughout their journey.

We have introduced digitalization to streamline our registration process, which has simplified and expedited this step for investors. Furthermore, we make sure that our social media platforms, website, and other digital marketing tools are coherently promoting Ghana as an investment destination. Through these digital channels, we can share valuable information regarding investing in Ghana, enhance engagement with investors, and improve communication with the public.

The GIPC comes directly under the Office of the President of Ghana. How does this impact the way the GIPC carries out its work?

Having direct access to the Presidency is a significant advantage because it provides greater political support and influence, which helps expedite decision-making. It also enables the GIPC to engage in high-level discussions, present investment proposals, and offer input on policies and regulations relating to investment promotion and facilitation directly to the President and other influential decision-makers within the Government. Moreover, being directly under the Presidency ensures the GIPC aligns its activities with the Government’s broader development and economic priorities. This in turn ensures that our investment promotion efforts are always in harmony with the national agenda, thus ensuring a coordinated approach.

Chandler Institute of Governance

GIPC to celebrate top Ghanaian businesses in the 20th edition of GC100 awards

The Ghana Investment Promotion Centre (GIPC) will on December 8, 2023 host the milestone 20th Edition of its esteemed Ghana Club 100 awards, at the Grand Arena of the Accra International Conference Centre.

The much-anticipated event will see 100 outstanding companies in Ghana’s business landscape, ranked and honored for their outstanding performances in multiple sectors, and contributions to the country’s economy.

Themed Accelerating Economic Growth: Amplifying Ghana’s Global Market Footprint through AFCFTA”, this year’s GC100 awards will foster an effective mechanism for assessing Ghanaian companies, while instilling the character and confidence needed by businesses to compete in the global marketplace.

At the event’s launch earlier this year, the Centre’s CEO, Yofi Grant, noted that “organizing GC100 for 20 years is a clear testament to GIPC’s commitment to celebrate corporate Ghana, showcase their achievements, and incentivize them to do more”.

He assured that “the event will continually help in promoting Ghana’s corporate capacity through creative media vehicles and activities while securing government support to improve the corporate sector’s international competitiveness”.

Similar to previous years, the 20th Edition of the GC100 will feature executive networking sessions, followed by the main awards ceremony, and capped off with exciting post-event celebrations.

The business community and all interested persons can purchase tickets via the USSD short code; *365*2100#, or alternatively call 0243534559/0203801687 to RSVP.

Invitation to Tender – Event Manager and Performance Coordinator for Taste of Ghana Festival

invitation to tender - tog4.0

The Ghana Investment Promotion Centre (GIPC) is organizing its annual Taste of Ghana Festival. The festival aims to showcase the richness of authentic made-in-Ghana products, which do not only tell stories about the cultural heritage of Ghana, but also provide business opportunities for Ghanaians, its Diaspora, and people from all walks of life. The Taste of Ghana 4.0 will take a similar format as previous year. Thus, a festival aimed at providing an all-around Ghanaian cultural experience, by incorporating several cultural elements.

invitation to tender - taste of ghana

Ghana’s remarkable journey: leading Africa in governance and innovation

In the landscape of African nations, Ghana’s ascent to the pinnacle of good governance and innovation offers an ever-brighter beacon of hope to many countries in the developing world within and outside the continent. This West African nation has, for a long, been hitting the heights of admirable leadership and stability not only continues to transform itself into an outstanding example of desirable accomplishment but also as a venerable testament to what is possible across the African continent.

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