Ghana is calling on British investors to deepen engagement in its economy, citing strong macroeconomic recovery, ongoing regulatory reforms, and the country’s strategic position as a gateway to Africa.
Speaking at a reception in Accra hosted by the British High Commissioner to Ghana, Dr Christian Rogg, for the Board of Directors of British International Investment (BII), the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, described Ghana as a stable, transparent, and investor-friendly destination.
“Ghana offers what UK investors value most — stability, transparency and partnership,” she said, highlighting the country’s record of peaceful political transitions and robust institutions.
Macroeconomic gains and investor confidence
According to the Minister, Ghana’s economic reset under President John Dramani Mahama is already delivering measurable results. In the third quarter of 2025, the economy grew by 5.5 per cent, the strongest quarterly performance since 2020.
She credited the gains to fiscal discipline, inflation management, and structural reforms. Inflation, she noted, had dropped from 54% in December 2022 to 5.4% in December 2025, while the cedi was recognised by the International Monetary Fund as Africa’s best-performing currency in 2025.
“These improvements are restoring investor confidence and strengthening the business environment,” the Minister said.
Regulatory reforms to boost trade and investment
Ms Ofosu-Adjare emphasised that the government is implementing wide-ranging business regulatory reforms to lower the cost of doing business.
Key interventions include digitisation of public services, streamlined customs administration, simplified tax filing, and business licensing processes.
“These reforms are designed to make it easier for investors to operate, expand and create jobs,” she noted.
Ghana as an African trade hub
Ghana’s role as host of the African Continental Free Trade Area (AfCFTA) Secretariat was highlighted as a major advantage for UK investors seeking access to a market of 1.4 billion people across 54 countries, with a combined GDP exceeding US$3.4 trillion.
The Minister also pointed to the Ghana–UK Trade Partnership Agreement, which she said had created new avenues for private sector growth.
As of June 2025, total trade between Ghana and the UK stood at £1.5 billion, up 5.7 per cent from the previous year.
UK exports to Ghana rose 22.1% to £888 million, while Ghanaian exports to the UK reached £640 million, led by cocoa paste, tropical fruits, and processed fish.
Strategic sectors for UK investment
Highlighting opportunities under the Jobs and Economic Transformation (JET) Programme, Ms Ofosu-Adjare invited UK investors and institutions to partner with Ghana in priority sectors such as agribusiness, pharmaceuticals, textiles, garments, automotive manufacturing, renewable energy, healthcare, fintech, and logistics infrastructure.
She outlined flagship initiatives including the Accelerated Export Development Programme, Rapid Industrialisation for Jobs, and an Agribusiness Programme focused on agro-processing, value addition, and commercial farming.
Tax and fiscal incentives
The Minister also detailed measures in the 2026 Budget aimed at enhancing competitiveness and promoting investment.
These include the abolition of VAT on mineral reconnaissance and prospecting, the extension of zero-rating for locally manufactured textiles to 2028, and the introduction of digital VAT monitoring systems to improve transparency and compliance.
“Ghana is open for business,” she said. “Let us turn today’s conversations into joint ventures and build supply chains that reflect both Ghanaian resilience and UK innovation.”
Ghana investment forum in London
Ms Ofosu-Adjare further announced plans for a high-level Ghana investment forum in London later this year, to be hosted by the Ghana High Commission in collaboration with UK partners.
She described the forum as an opportunity to deepen bilateral trade, attract investment, and showcase Ghana as a reliable hub for regional and continental markets.
The Minister’s address underscored Ghana’s growing attractiveness as a destination for UK capital, with strong macroeconomic fundamentals, investor-friendly reforms, and strategic continental positioning making it an increasingly compelling partner in Africa.
