Investment Policy Review - Ghana

image of Investment Policy Review - Ghana

Ghana is making a comeback in terms of attracting Foreign Direct Investment (FDI) after the economy had suffered a temporary setback in 1998. This publication reviews the investment climate in the West African nation. It is divided into four parts. The first part evaluates FDI trends in recent years. The second examines the investment framework of the country. The third part outlines Ghana's FDI potential and the strategic directions that are needed to tap it. The final part highlights the main conclusions and recommendations for an agenda that should be shaped through dialogue between all stakeholders and implemented by the government in close partnership with the private sector.



Main conclusions and recommendations

Ghana clearly has the potential to regain its position as a front runner in Africa for FDI. However, it needs to recover lost ground: improvements in economic performance needs to be sustained and remnants of the prolonged economic crisis removed. Macroeconomic instability, weak infrastructure, low productivity and lack of local business partners, all deter FDI. Several wide-ranging actions are needed to restore investor confidence


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