In a recent Economic Counselors Dialogue, the CEO of the Ghana Investment Promotion Center, Yofi Grant shed light on the declining Foreign Direct Investment (FDI) landscape in Africa, emphasizing the need for strategic shifts towards green investments.
Highlighting the World Investment Report, which unveiled Africa’s decline in FDI, the CEO emphasized that Ghana must seize the opportunity to tap into emerging markets.
“Consequently, redirecting focus towards sustainable and environmentally friendly initiatives is crucial for Ghana’s economic growth and international appeal,” he posited.
The GIPC CEO also emphasized the inherent strengths that Ghana possesses, including ongoing efforts in reafforestation, which demonstrate the country’s commitment to preserving its natural resources.
Furthermore, the Mr. Grant highlighted Ghana’s “forward-thinking” policy of transitioning all state buildings to solar energy in the near future.
He urged stakeholders, both domestic and international, to recognize the immense potential that lies within Ghana’s green investments sector.
