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GIPC CEO touts Ghana’s stability, 24-hour economy at Africa-Singapore Summit

Fri, Aug 29 2025 4:46 PM
in Business, Ghana General News
gipc ceo touts ghanas stability 24 hour economy at africa singapore summit
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GIPC CEO touts Ghana’s stability, 24-hour economy at Africa-Singapore Summit

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has assured investors that Ghana offers a secure and predictable investment climate.

Speaking at the Africa Singapore Business Forum, Mr. Madjie said Ghana’s legal and institutional framework remained robust, with mechanisms such as the Arbitration Act, the Tax Appeals Board and the Commercial Court ensuring commercial disputes are resolved fairly and efficiently.

According to him, the government policy was now geared towards stimulating long-term growth, highlighting President John Mahama’s flagship 24-Hour Economy initiative.

The policy is intended to encourage firms, particularly in priority sectors, to operate round the clock through multiple shifts, with the aim of raising productivity, creating jobs and improving Ghana’s regional competitiveness.

GIPC CEO touts Ghana’s stability, 24-hour economy at Africa-Singapore Summit

Mr Madjie also drew attention to the administration’s Big Push Agenda, a large-scale infrastructure drive seeking to close gaps in transport, energy and digital connectivity.

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The programme is designed to attract significant public and private investment and support Ghana’s industrialisation strategy.

Together, he said, the two initiatives would open new opportunities for investors in areas such as manufacturing, agribusiness, technology and clean energy.

The CEO of GIPC reaffirmed that Ghana’s political stability, improving macroeconomic environment, and youthful workforce strengthen the country’s position as a preferred destination for investment in Africa.

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