Ghana Investment Promotion Centre (GIPC) released its Q4 2024 Investment Report, highlighting a significant slight decline in both foreign direct investment (FDI).
The report was published on the GIPC’s official website.
For January to December 2024, Ghana’s FDI Value was $617.61 million and $34.1 million totaling $625.72 million.
According to the report, of 140 projects registered, 107 were wholly foreign-owned, representing 76.43% of the number of projects with a total estimated investment cost of US$341.65 million.
The Joint Venture projects between Ghanaians and their foreign counterparts were 33, representing 23.57% of the number of projects and with a total estimated investment cost of US$310.07 million.
According to the data we collected, Ghana’s FDI investment since 2017 has been on the decline.