Tag: Foreign Direct Investment
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GIPC woos US investors at business meeting with Mayor of Broward County
The Ghana Investment Promotion Centre (GIPC) has intensified efforts to boost investments in the country with a call on foreign governments and individuals to take advantage of the country’s numerous investment prospects to facilitate development. The Centre says there are many investment opportunities that are underutilized or untapped, requiring huge capital and human investments. An…
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Remittances surpass FDI flows into sub-Saharan Africa
Remittance flows into Sub-Saharan Africa (SSA) increased by 10.3% to US$46.2bn in 2018, and provisionally rose again in 2019, according to updated World Bank figures released in October. The sum comfortably surpassed foreign direct investment (FDI) inflows of US$31.6bn in 2018—based on the latest World Investment Report from the UN Conference on Trade and Development…
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Foreign investors want minimum capital requirement reduced
A new report by CUTS Ghana has shown that foreigners who wish to invest in Ghana want the minimum capital requirement set by the GIPC Act, 2013 (Act 865) reduced. The research was conducted in collaboration with the World Economic Forum and the Ghana Investment Promotion Centre (GIPC). According to the research findings, some foreigners…