Ghana has renewed its appeal to German businesses, announcing a package of fresh economic incentives and policy reforms designed to deepen trade ties and support the country’s long-term industrial ambitions.
Call for stronger economic cooperation
Addressing the inaugural German–Ghana Business Dialogue in Accra, the Chief Executive of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, said the government remained committed to strengthening its partnership with Germany.
He pointed to key national initiatives—the 24-Hour Economy policy, the Accelerated Export Development Programme (24H+), and the Big Push Agenda—as central to Ghana’s drive to boost productivity, expand exports and accelerate industrial growth.
Madjie said efforts to improve the investment climate were well advanced, including a review of the GIPC Act, updated minimum capital requirements and enhanced investor-protection measures. He added that upgraded aftercare and grievance-resolution systems were already helping to provide smoother support for both new and existing investors.
Opportunities for German industry
The GIPC chief urged German firms to expand their footprint in Ghana, citing opportunities in manufacturing, pharmaceuticals, textiles, digital trade and other priority sectors linked to the country’s industrialisation strategy. He said the Centre stood ready to facilitate new partnerships and ensure that investment prospects translated into mutually beneficial ventures.
German confidence in Ghana’s outlook
Germany’s Ambassador to Ghana, Frederik Landshoeft, welcomed the reforms, noting that improved macroeconomic stability had strengthened Ghana’s reputation as a predictable and investor-friendly environment.
He described Ghana as an emerging regional hub, saying several German companies—from fintech and machinery to energy and agribusiness—were already making long-term commitments rather than temporary exploratory moves.
Sectors with immediate potential
Ambassador Landshoeft identified five areas with strong prospects for German investment: energy and infrastructure, manufacturing and industrialisation, digital technology, the circular economy, and agriculture and food processing.
He said Ghana’s position as a potential gateway to West Africa offered early entrants a strategic advantage as the region’s markets continue to evolve.
