Last Friday, on the sidelines of the Ghana Investment Promotion Centre’s (GIPC) stakeholder consultation, our CEO, Doris Kafui Afanyedey, and Communications Officer, Albert Ludwig, joined the discussions alongside private sector representatives, including Adjoba Kyiamah, Executive Director of the UK-Ghana Chamber of Commerce (UKGCC).
The session brought together both public and private sector voices to review the Ghana Investment Promotion Authority (GIPA) Bill, 2025, set to replace the GIPC Act, 2013 (Act 865). Once passed, the Bill will establish GIPA as the lead government agency for promoting, facilitating, and regulating investments into and within Ghana.
Mr. Simon Madjie, CEO of GIPC, emphasized that stakeholder contributions are key to shaping the Bill, noting that the process is designed to build consensus and create a legal framework that responds to the realities of Ghana’s investment climate. He also highlighted that the Bill addresses persistent issues such as fronting and regulatory inconsistencies.
From the legal perspective, Ms. Naa Lamle Orleans-Lindsay, Director of GIPC’s Legal Division, explained why the law needs updating after more than three decades. She pointed to reforms such as expanding the Authority’s mandate, revising its governance framework, and reviewing minimum foreign capital requirements, measures aimed at strengthening investor protection and driving sustainable growth.
The consultation ended with an interactive Q&A session, where both public and private sector participants, including AmCham Ghana and UKGCC, shared perspectives, raised concerns, and contributed meaningfully to shaping Ghana’s investment future.