Cedi has made significant recovery against major international currencies - Asiama

Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana, announced that the Cedi has shown significant recovery against major international currencies. This improvement has been accompanied by strengthened external reserves and increased economic activity across various sectors, according to Asiama. The economic growth has become more widespread, driven by improvements in services, agriculture, and industry.

These positive developments have created a more stable and predictable environment for businesses and investors, Asiama stated during the launch of the Ghana Investment Promotion (GIPC) 2025 Annual Investment Report. He expressed his confidence in the report's findings, which highlight renewed optimism in Ghana's economic prospects.

Despite global uncertainties and reduced investment flows, Ghana has continued to attract substantial investor interest, as evidenced by new investments worth about US$2.61 billion from 253 projects in 2025. This signifies that investors still recognize the opportunities within the Ghanaian economy. Notably, existing investors are not only retaining their presence but also expanding their operations and reinvesting.

There is also a growing interest in sectors like manufacturing, agribusiness, logistics, and technology-enabled services. Asiama emphasized that this trend aligns with Ghana's goal of transitioning from a raw material export economy to one that generates greater value through industrialization, innovation, and competitiveness. Additionally, the increasing number of Ghanaian-owned enterprises, including 71 wholly-owned projects valued at nearly US$686 million, demonstrates continued local investor belief in the country's long-term potential.

The spread of investments beyond Greater Accra is another positive trend, ensuring that economic opportunities are inclusive and benefit communities across Ghana.