Ghana, China strengthens investment ties with strategic 24-Hour economy MoU
The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with the China–Africa Economic and Trade Promotion Council (CAETP) to launch the China–Ghana Economic and Cooperation Project Programme, a strategic initiative aimed at accelerating investment and project development between Chinese enterprises and Ghanaian stakeholders.
The programme provides a structured platform for investment promotion, investor engagement, and the development of bankable projects to support Ghana’s long-term growth objectives, while reinforcing GIPC’s commitment to proactive, institution-driven investment promotion and collaboration with key Chinese partners.
The MoU was signed during the China-Ghana Economic and Trade Cooperation Project Promotion Conference and the inauguration of the GIPC China Liaison Office.
The Ghanaian delegation was led by the 24-Hour Economy Secretariat (24H+) and coordinated by the Presidential Advisor on the 24-Hour Economy, Mr. Augustus Tanoh, with participation from representatives of the NDPC, Ministry of Finance, Ministry of Fisheries and Aquaculture Development, Ministry of Tourism, Culture and Creative Arts, GEPA, and GIIF.
The mission, part investment promotion and part study tour, builds on President John Dramani Mahama’s visit to China in 2025 and reflects Ghana’s strategy to transform high-level diplomatic engagements into concrete investment partnerships.
During the tour, the Ghanaian team showcased specific 24H+ projects, particularly within the Volta Economic Corridor (VEC), and collaborated with Chinese public research institutions to accelerate and sustain the 24-Hour Economy initiative.
The mission also studied China’s development model, including state-sector coordination, integration of foreign investment with local SMEs, ecological management, AI-driven agroecology, and large-scale off-grid renewable energy systems.
Under the leadership of GIPC CEO Simon Madjie, engagements focused on positioning Ghana as a competitive, investor-ready destination through clear policy frameworks, targeted incentives, and ease-of-doing-business reforms. GEPA Deputy CEO Ambrose Nsarkoh also highlighted Ghana’s export potential, trade facilitation mechanisms, and market access opportunities, strengthening investor confidence in key sectors.
The MoU and study tour are key steps in Ghana’s broader industrial and economic transformation agenda, emphasising private-sector-led investment, value-chain development, and sustainable job creation.
Source: Classfmonline.com/Cecil Mensah
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