{
  "id": 19357201,
  "title": "Ghana’s capital market has money, but lacks investment-ready projects – GSE MD",
  "url": "https://urgent.news/2026/11/10/ghanas-capital-market-has-money-but-lacks-investment-ready-projects-19357201",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T15:19:49.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/ghanas-capital-market-has-money-but-lacks-investment-ready-projects-gse-md/"
  },
  "original_language": "en",
  "account": "Ghana's capital market holds ample funds for supporting businesses and important infrastructure projects, but it is struggling to attract investment-ready initiatives. Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, is urging companies and state-owned enterprises (SOEs) to improve their governance and create strategic investment plans to lure long-term financing from local and foreign investors. At the Ghana Economic Forum, she emphasized that the market's issue isn't a lack of capital, but rather a scarcity of credible projects to finance. Abena Amoah explained that the capital market offers various financing options, including five-year and ten-year debt instruments and permanent capital, without needing physical assets as collateral. Investors are more inclined to back businesses with robust corporate governance, transparent financial reporting, and confident management. She highlighted examples of firms that have successfully raised long-term funds on the Ghana Fixed Income Market through collateral-free methods. Consequently, Amoah is advocating for state-owned enterprises, especially those seeking government support for growth, to consider raising capital via the stock market. She pointed out potential investment prospects in the energy and infrastructure sectors, such as Ghana Airports Company's expansion and electricity generation initiatives. By opening these projects to the capital market, Ghanaians, diaspora investors, and international organizations could contribute to financing the nation's development. Abena Amoah stressed that enhanced transparency, accountability, and effective corporate governance would bolster investor confidence and draw patient capital into Ghana's productive sectors.",
  "summary": "Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, says Ghana’s capital market has sufficient funds to support businesses and major infrastructure projects but lacks a strong pipeline of investment-ready opportunities. She is therefore urging businesses and state-owned enterprises (SOEs) to strengthen their corporate governance structures and develop strategic investment plans to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}