Urgent.News

What's breaking now, across thousands of outlets.

World

GIPA explains key changes to Ghana’s investment regime to prospective investors in Atlanta

The Ghana Investment Promotion Authority (GIPA) has explained key changes to Ghana’s investment regime to prospective investors in Atlanta, United States of America, as part of its participation in Invest Fest 2026. The Head of Protocol at GIPA, Manuela Adu, who led the delegation, said the new Ghana Investment Promotion Authority Act, 2026 (Act 1173), […]

GIPA explains key changes to Ghana’s investment regime to prospective investors in Atlanta

The Ghana Investment Promotion Authority (GIPA) provided an update on recent changes to Ghana's investment regime to potential investors in Atlanta, USA, during its participation in Invest Fest 2026. Manuela Adu, the Head of Protocol at GIPA, spearheaded the delegation's efforts. GIPA's new Ghana Investment Promotion Authority Act, 2026 (Act 1173), has eliminated the general minimum capital requirement for foreign-owned enterprises and joint ventures, barring trading enterprises.

According to Adu, a non-citizen wishing to establish a trading enterprise must invest a minimum of US$500,000 in cash as equity capital, with at least 75% of the workforce consisting of skilled Ghanaians.

The changes, part of Ghana's new investment framework under Act 1173, aim to enhance the country's investment environment and make it more attractive and flexible, especially for investors interested in opportunities beyond traditional trading activities. Adu also highlighted Ghana's strategic location as a gateway to the broader African market through the African Continental Free Trade Area (AfCFTA), whose Secretariat is based in Accra. Ghanaian businesses can leverage Ghana's position to access markets across the African continent.

GIPA introduced prospective investors to its 24-hour service for investment registrations, renewals, and quota applications, designed to offer timely assistance to investors navigating the establishment and operation of businesses in Ghana. The engagement was part of GIPA's broader activities at Invest Fest, where the Authority used the Ghana Pavilion and its stage to share information about Ghana's investment environment and connect prospective investors with opportunities in the country.

The delegation featured Principal Investment Promotion Officers Christopher Sedor and Bridget Odei, along with Assistant Public Relations Officer Raphael Apetorgbor. They interacted with investors, addressed inquiries, provided details on Ghana's investment opportunities, regulatory framework, and available support services. Additionally, the delegation facilitated connections between interested investors and relevant institutions, aiming to support follow-up discussions and potential investment opportunities in Ghana.

GIPA remains committed to guiding investors through the investment process and facilitating their engagement with relevant institutions as they consider establishing or expanding businesses in Ghana.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at myjoyonline.com →

More in World

More from Tuesday 25 August →