GIPC Courtesy Visit 18 March Event Report

On the 18th of March, 2025 CCI France Ghana alongside the Economic Service of the French Embassy in Ghana, paid a courtesy visit to the newly-appointed CEO of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, to congratulate him on his new role and to discuss the current business climate for incoming French and foreign investors onto the Ghanaian market. In attendance was Mr. Jean Noel Blanc, Head of the Economic Department of the French Embassy in Ghana and Ms. Maxine Reindorf-Partey, Managing Director of CCI France Ghana.

The Ghana Investment Promotion Centre serves as a gateway and entry point for foreign investors seeking to do business in Ghana, as a point of reference for information on existing projects and investment opportunities as well as advocates for private sector actors on business and investment facilitation.

Topics of discussion included:

  • Revision of the GIPC Act (updates and current status), specifically minimum capital requirements and the impact on FDI and the ease of doing business in Ghana.
  • Market Access Barriers for French investors
  • Review of the France-Ghana Economic Report 2023-2024 and French FDI stock in Ghana, as well as job and value creation through French enterprise (€2.5bn invested in 2023 and creation of 50,000 direct jobs). To view the report, please use this link: https://www.tresor.economie.gouv.fr/Pays/GH/rapport-economique-france-ghana-2023-2024

At CCI France Ghana, our overarching objective is to promote French commercial interests and facilitate French foreign direct investments into Ghana, as well as play an advisory role to French companies seeking to penetrate the Ghanaian market on tax, regulatory and compliance matters, the investment environment and ease of doing business in Ghana.

As the economy rebounds and resets under the IMF Extended Credit Facility program until 2026, we believe that active stakeholder engagement with key actors such as GIPC, who serve as advocates for the private sector, will go a long way in improving and restoring investor confidence in the Ghanaian economy.

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