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GIPC boss assures German investors of Ghana’s commitment to maintaining transparent, predictable business environment

Tue, Nov 4 2025 9:45 PM
in Business, Ghana General News
gipc boss assures german investors of ghanas commitment to maintaining transparent predictable business environment
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GIPC boss assures German investors of Ghana's commitment to maintaining transparent, predictable business environment

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has assured German investors of Ghana’s commitment to maintaining a transparent and predictable business environment.

Speaking at a Ghana–Germany Business Roundtable held alongside the visit of the German President, Frank-Walter Steinmeier, Mr Madjie said ongoing reforms to Ghana’s tax regime, supported by the establishment of a Tax Appeal Board, are improving transparency and investor confidence.

He emphasised that Ghana’s political stability, sound governance, and economic recovery continue to position the country as one of Africa’s most attractive investment destinations.

GIPC boss assures German investors of Ghana's commitment to maintaining transparent, predictable business environment

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, commended the longstanding partnership between Ghana and Germany, highlighting the government’s efforts to sustain macroeconomic stability.

According to her, the flagship initiatives such as 24-Hour Economy, Feed the Industry, and Rapid Industrialisation for Jobs are helping to enhance the business climate and drive industrial growth.

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Leading the German delegation, Dr Thomas Steffen, Secretary of State at Germany’s Federal Ministry for Economic Affairs and Energy, described Ghana as “a flagship of peace and stability”, noting that bilateral trade between the two countries has increased by 30%, with potential for further expansion

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