Investor confidence in economy improves: Nation received $2.61 billion FDIs in 2025
The nation received $2.61 billion from foreign direct investment (FDI) inflows in 2025, compared to the $617.61 million recorded in 2024.
Provisional data from the Ghana Investment Promotion Centre showed that the 2025 inflows were generated from 253 new and existing investment projects across various sectors of the economy.
The strong performance signalled renewed investor confidence in the economy amid ongoing reforms aimed at improving the business environment and attracting more foreign capital into the country.
Addressing the media after a two-day retreat at Peduase in the Eastern Region on Tuesday, the Chief Executive Officer of GIPC, Simon Madjie, said the figures reflected growing confidence among both local and international investors in the country’s economic prospects.
“The investment environment has indeed improved, and the fact that we have seen over $2.6 billion in FDI inflows in 2025 is an indication that something positive is happening in the country,” he added.
Figures
Data showed that while the Ghana Investment Promotion Centre accounted for 180 new projects valued at $1.437 billion, the Petroleum Commission contributed $994 million from 18 existing upstream petroleum companies.
The Ghana Free Zones Authority also recorded $165 million from 42 new capital investments, while existing companies under the GIPC injected an additional $14 million in equity.
China emerged as the leading source country by number of projects with 70 investments, while the Cayman Islands topped the list by FDI value with $500 million, followed by China with $486 million and Nigeria with $105 million.
More than $1.83 billion of the inflows came from reinvested earnings, a development which demonstrated that existing investors were deepening their operations in the country rather than exiting the market.
Policy measures
Mr Madjie explained that the improved investment performance was driven by deliberate policy measures aimed at creating a fair and transparent environment for both domestic and foreign investors.
He said new areas such as virtual asset service provisions were opening up for investment following regulatory reforms by the Bank of Ghana.
Mr Madjie said that the proposed transition of the GIPC into the Ghana Investment Promotion Authority (GIPA) would further strengthen investor protection and regulation.
“This is one of the most progressive and forward-looking laws aimed at ensuring a fair playing field for both domestic and international investors, and it shows the government’s commitment to improving the investment climate,” he added.
The CEO said the centre, together with the Bank of Ghana, the Petroleum Commission and the Ghana Free Zones Authority, would in the coming months release the full FDI report for 2025, stressing that several international firms had already announced plans to invest more than $5 billion in Ghana over the coming years.
He explained that the manufacturing sector continued to attract significant investor interest as the government pursued policies to strengthen industrialisation, create jobs and reduce the country’s dependence on imports.
Local participation
Mr Madjie stressed that Ghana remained open to foreign investment in the mining sector, while also encouraging greater participation by capable Ghanaian private sector players.
He said this would build local capacity and empower indigenous firms to compete not only within the country, but also across other African mining jurisdictions such as Liberia and Côte d’Ivoire.
