Minister for Trade, Agribusiness and Industry Elizabeth Ofosu-Adjare has said the true measure of Ghana’s investment performance should not be the volume of capital attracted but what those investments translate into in the economy.

“The more important question for me is what those investments are really becoming in Ghana.”

Elizabeth Ofosu-Adjare noted that investments must expand Ghana’s productive capacity, create opportunities for local enterprises, strengthen value chains and open new markets for locally produced goods.

She said this at the launch of the Ghana Investment Promotion Authority’s 2025 Annual Investment Report on Friday, August 21, 2026.

Ghana attracted about 2.6 billion dollars in foreign direct investment across more than 215 projects in 2025, the Minister intimated.

She, however, stressed the figure could have been higher if the value of machinery brought into the country had been fully captured in the investment figures.

She cited a 250-million dollar investment secured from a company that had initially considered investing in Kenya as well as another investment of about 20 million dollars as examples of investments she believes should feature in future reports.

She emphasised that government’s responsibility is to preserve investor confidence and translate it into increased production and stronger businesses.

“Our responsibility in government is to preserve that confidence and translate it into greater production, stronger enterprises, and lasting economic value.”

The Minister identified agribusiness, textiles and garments, pharmaceuticals, automotive and component manufacturing as key sectors where Ghana can build competitive industrial capacity.

She also stressed the need to improve the business regulatory environment, warning that delayed approvals and prolonged administrative processes can increase costs and discourage investors.

Elizabeth Ofosu-Adjare added that the Ministry is working to secure the passage of a business regulatory reform bill that will require business regulations to be assessed for their cost to enterprises and subjected to public-private consultation.

She said the reform would help reduce duplicated rules, make compliance more predictable and give businesses clearer information on applicable regulations.

The Minister further urged investors to use Ghana as a production base to access markets across West Africa and the wider African continent.

Also speaking at the launch, Governor of the Bank of Ghana, Johnson Asiama, said Ghana’s investment success must ultimately be measured by its impact on productivity, employment, incomes and living standards.

He said recent economic stabilisation has helped restore investor confidence, noting that inflation, which had risen to more than 54 percent during the height of the economic difficulties, had declined to 4.6 percent as of July 2026.

“The journey of 2025 is therefore not merely a story of recovery, it is a story of restoration. Restoring stability, rebuilding confidence and laying the foundation for sustainable and inclusive growth.”

Johnson Asiama further said Ghana recorded about 2.61 billion dollars in new investments in 2025 while 71 locally owned Ghanaian projects were registered with a value of about 686 million dollars.

He also welcomed the growing spread of investments beyond Greater Accra, saying a more geographically balanced investment landscape would help ensure economic opportunities reach communities across the country.

He said the Bank of Ghana is also working with financial institutions and other stakeholders to develop products that can channel diaspora savings and remittances into productive investments, enterprise development and job creation.