Ghana attracts $316m FDI in first three quarters of 2024
Ghana secured $316 million in Foreign Direct Investment (FDI) during the first three quarters of 2024, reaffirming its position as a leading investment destination in the sub-region. This was revealed in the Ghana Investment Promotion Centre’s (GIPC) Third Quarter Report, which also highlighted the registration of 108 projects with a total estimated investment value of $325.88 million. Local investment contributed $9.88 million of this figure, reflecting a balance of strong foreign interest and domestic participation. Out of the 108 projects, 85 were wholly foreign-owned, representing 78.7% of the total and accounting for $303.49 million in investments. The remaining 23 projects...