Ghana Attracts US$2.61bn in FDI for 2025 — Fourfold Jump Signals Strong Investor Comeback

Ghana recorded an estimated US$2.61 billion in foreign direct investment (FDI) inflows in 2025 across 253 projects and existing companies, according to provisional data from the Ghana Investment Promotion Centre (GIPC).

The figure represents a massive rebound from the US$652 million recorded in 2024, reflecting renewed investor confidence driven by easing inflation and improved currency stability.

Compiled from the GIPC, Petroleum Commission, and Ghana Free Zones Authority, the data shows that new GIPC‑registered projects accounted for the largest share of inflows — US$1.437 billion from 180 projects.

Existing upstream petroleum companies contributed US$994 million, while new Free Zones investments added US$165 million. Equity injections into existing firms amounted to US$14 million.

A key highlight of the report is the strong reinvestment trend among companies already operating in Ghana.

Of the US$1.92 billion captured by the Bank of Ghana, US$1.83 billion came from reinvested earnings, signalling that established firms are expanding rather than exiting the market.

China Leads in Project Numbers; Cayman Islands Tops Investment Value

China emerged as the top source country by number of projects, recording 70 projects, followed by India (22), Nigeria (10), the UAE (9), and the UK (8).

However, by value, the Cayman Islands ranked first with US$500 million, narrowly edging China’s US$486 million.

Nigeria contributed US$105 million, France–Nigeria partnerships US$100 million, and the United States US$51 million.

Ghana Still Open for Business — GIPC CEO

Commenting on the data, GIPC CEO Simon Madjie said Ghana remains firmly positioned as a gateway for investment on the continent.

“We are open for foreign direct investment and even more open for FDI from Africa because of AfCFTA. We are the commercial hub for the continent. Our objective is not to compete but to position Ghana as the favourable place for people to do business,” he said.

The strong inflows come at a time when many local businesses are also beginning to express renewed optimism about the economy, despite ongoing concerns over energy tariffs and operational costs.

---CitiNewsRoom