Ghana’s Foreign Direct Investments are on the Decline

FDI investment in 2024 might be the lowest record figures in a while

By Joseph-Albert Kuuire 0 Min Read

Over the last few years, Ghana’s Foreign Direct Investment (FDI) has been on the decline. According to data from the Ghana Investment Promotion Centre (GIPC) quarterly reports, FDI has been steadily on the decline.

In 2017, Ghana had its highest FDI numbers where the country received an estimated $6.19 billion from investors.

However, investments have been on the decline, dropping to its lowest point in 2023, receiving only $663 million.

This year, Ghana's FDI might be on pace for its lowest ever. According to figures from Q1 2024 to Q3 2024, Ghana has only received investments totalling $325.88 million.


Joseph-Albert Kuuire is the creator, editor, and journalist at Tech Labari. Email: joseph@techlabari.com Twitter: @jakuuire