Ghana is well-positioned to draw investors – GIPC CEO

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yofi Grant has highlighted Ghana’s strategic positioning in attracting foreign investments despite the current global economic challenges.

Yofi Grant emphasized that despite ongoing challenges like the lingering impacts of the Covid-19 pandemic and political disruptions in different regions, these circumstances offer distinctive opportunities for Ghana and the entire African continent.

“There are challenges globally. I don’t think the world recovered fully from the pandemic and then suddenly political disruptions and turmoil across various regions have amplified some of the problems that countries have, and therefore these are truly trying times,” he said.

He pointed out that these challenges have led to a complicated economic environment.

However, the CEO also underlined the potential for growth and investment in these circumstances, stating, “But for me, I see trying times as an opportunity for us for various reasons.”

He observed that in the aftermath of the pandemic and the Russian-Ukrainian conflict, numerous countries are actively exploring fresh opportunities and new operational locations.

He expressed the nation’s dedication to fostering a business-friendly environment, underscoring the significance of cooperation and partnerships between the public and private sectors to propel economic growth and advancement.