The Chief Govt Officer of the Ghana Funding Promotion Heart (GIPC), Mr Simon Massey, stated the European Union (EU) had invested roughly US$16.24 billion in Ghana over the previous 30 years.
He stated EU investments recorded between 1994 and Might 2026 amounted to 2,236 tasks throughout main sectors, with manufacturing accounting for the biggest share.
Mr Mazie made this identified on the first Ghana-EU Thematic Dialogue on Financial Stabilization and Enterprise Setting held in Accra.
He stated the manufacturing business alone accounted for greater than US$8.49 billion, indicating a shift in direction of industrial manufacturing and worth addition.
He stated the companies sector recorded 804 tasks, adopted by the manufacturing sector with 456 tasks and normal commerce with 219 tasks. The development business collected greater than US$2 billion, whereas mining recorded round US$406 million.
Mr Mazie stated the dialogue builds on commitments made on the June 2025 EU-Ghana Partnership Dialogue, the place each side agreed to deepen engagement on financial stabilization and enterprise surroundings reform.
He stated discussions centered on taking advantage of the Financial Partnership Settlement (EPA) and contemplating the proposed Sustainable Funding Facilitation Settlement (SIFA) to extend authorized certainty for buyers.
Bearing on Ghana’s macroeconomic outlook, he stated the nation had accomplished the US$3 billion Worldwide Financial Fund (IMF) Prolonged Credit score Facility program and moved to coverage adjustment measures to assist fiscal self-discipline.
He additionally cited Fitch Scores’ improve of Ghana’s sovereign score to ‘B’ with a optimistic outlook in Might 2026 as an indication of enhancing investor confidence.
Mr Mazie stated authorities reforms such because the Ghana Funding Promotion Authority Invoice 2026, the Worth for Cash Workplace Invoice 2026 and the Firms Regulation Modification 2019 (Act 992) have strengthened the nation’s funding local weather.
He additionally stated that GIPC is shifting its focus from funding promotion alone to funding retention and enlargement via improved aftercare companies, quicker approvals, and a structured investor grievance redress mechanism.
EU Ambassador to Ghana Rune Schinebach stated the EU stays Ghana’s largest investor, with overseas direct funding (FDI) inventory anticipated to achieve €4.9 billion in 2025.
He stated that in 2025, the EU imported €3.7 billion from Ghana, primarily cocoa, and exported €3.3 billion.
German Ambassador Frederick Landshoft described Ghana because the “gateway to West Africa” ​​and reaffirmed the dedication of European partnership.
Deputy Minister of Commerce, Agribusiness and Business Sampson Ahi stated the federal government goals to remodel the financial system and increase the manufacturing base.
