Ghana records $2.26 billion in registered investments across 254 projects - GIPA

Ghana recorded about $2.26 billion in registered investment projects in 2025, with manufacturing, petroleum and services emerging as major areas of investor interest, the Ghana Investment Promotion Authority (GIPA) has disclosed.

GIPA Chief Executive Officer Simon Madjie said the investments covered 254 projects, including projects registered through the GIPA, Ghana Free Zones Authority and Petroleum Commission, as well as reinvestments by existing companies.

Speaking at the launch of the GIPA 2025 Annual Investment Report on August 21, 2026, Madjie said the figure represented registered projects and should not be confused with the $1.9 billion in foreign capital inflows captured separately by the Bank of Ghana.

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“These are projects that we have registered. These three agencies have registered together,” he said.

According to him, the petroleum sector accounted for close to $740 million of the registered investments, while manufacturing attracted more than $368 million.

Manufacturing recorded the highest number of projects, with 99 projects, reflecting growing investor interest in domestic production and value addition.

The services sector also remained a major area of investment, driven by growing interest in technology, financial services and other emerging industries.

Madjie said the growth of investment in services should not be viewed negatively, given the increasing importance of technology and digital businesses to Ghana’s economy.

“Our people are interested in technology. They are interested in the creative arts. They are interested in financial services. You know the government has been championing fintech and all those ones,” he said.

He also highlighted the growing importance of investment through the free zones regime, saying increased investment in export-oriented businesses could strengthen Ghana’s position as an export-processing hub for the sub-region and the wider African market.

The report also showed significant domestic investment activity, with 71 wholly Ghanaian-owned projects valued at about $816 million recorded during the year.

Of this amount, approximately $685.9 million was registered through the GIPA, while the Petroleum Commission accounted for about $130 million.

Madjie said the figures demonstrated that Ghanaian businesses continued to show confidence in the domestic economy.

The registered projects are also expected to generate more than 18,000 jobs, with the majority expected to go to Ghanaians.

Madjie said the GIPA would focus on converting an estimated $11.48 billion investment pipeline into actual registered projects through targeted investment promotion, regional opportunities, diaspora investment and incentives linked to the African Continental Free Trade Area (AfCFTA).

“Our job is not just coming into bringing investment to Ghana, but bring investment to Ghana within Ghana, like the governor said, spread around. But also now we must encourage Ghanaians to also go outside to invest,” he said.

MA