Tag: GIPC
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Government to introduce policies targeting investors in diaspora – Ofori-Atta
As part of efforts to increase foreign direct investment into the country, Minister of Finance Ken Ofori-Atta, says government’s plan to raise funds from the diaspora for the development of the country is on course. He says the plan will facilitate government’s capital expenditure investments and seek to accelerate economic growth. Speaking on the sidelines…
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GIPC organizes first ever diaspora business breakfast meeting
The overwhelming success of the Year of Return initiative revealed that the diaspora community have a desire and interest in investing in Ghana. This led to the creation of a Diaspora Investment Desk (DID), at the Ghana Investment Promotion Centre (GIPC) under the auspices of the President. Engaging the diaspora community is important because research…
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GIPC wins Best Investment Promotion agency in West & Central Africa for the 5th time
The Ghana Investment Promotion Center, GIPC, has once more been awarded the Best Investment Promotion Agency in West and Central Africa by the Annual Investment Meeting (AIM) Investment Awards 2020 having earned the top position as Winner from West and Central Africa for the Project- PE Power Limited. This will be the fifth consecutive year…
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New Crystal Health Services’ capital injection shows investor confidence in healthcare sector – GIPC Boss
The Chief Executive of Ghana Investment Promotion Centre (GIPC), Yoofi Grant, has said that the over 5.7 million dollars capital injection secured by private healthcare provider, New Crystal Health Services (NCHS), goes to emphasize investors’ confidence in Ghana’s healthcare sector. He said the confidence follows on-going support and reforms by government to create a more…
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![Ghana’s Automotive Industry: A burgeoning market for Investment [Article]](https://citibusinessnews.com/wp-content/uploads/2020/09/WhatsApp-Image-2020-08-31-at-4.08.44-PM.jpeg)
Ghana’s Automotive Industry: A burgeoning market for Investment [Article]
‘’This is the first, and there will be many more to come’’. These were the words of the President Nana Addo Danquah Akuffo Addo when the German car maker Volkswagen officially unveiled its first ever range of locally assembled cars. The VW story was birthed in 2018 when the German Chancellor Angela Merkel visited Ghana…
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Revamp primary and manufacturing sectors to attract foreign investors – GIPC Report
A new report by the Ghana Investment Promotion Centre, GIPC, analyzing the economic impact of COVID-19 on foreign investors in Ghana, has highlighted some positive measures necessary to encourage foreign direct investment in the economy. Already, data from the centre shows that foreign businesses experienced an average revenue loss of $75,000 in the second quarter…
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GUTA suspends closure of foreign-owned retail shops after confusion at Tiptoe Lane
Tensions between Ghanaian and foreign retailers appear not be dying down anytime soon. A protest by the Ghanaian traders at Tiptoe Lane at the Kwame Nkrumah Circle on Friday, July 24, nearly led to a scuffle but for the intervention of police personnel and the President of Ghana Union of Traders’ Association, GUTA. The traders,…
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Citi FM concludes 2020 edition of Citi Business Festival
Citi FM has concluded the 2020 edition of the Citi Business Festival which offered a wide range of strategies for businesses to stay afloat amidst the Covid-19 pandemic and bounce back stronger after the pandemic. The general view is that, the pandemic will cause a massive shift in the way things are done even after…
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GIPC to revise incentive packages to boost foreign investment post COVID-19
The Chief Executive Officer of the Ghana Investment Promotion Centre, GIPC, Yofi Grant, says the agency is revising its incentive packages to encourage Foreign Direct Investments into the country post COVID-19. He says this will include offering incentives to foreign investors who will partner Ghanaians to build local capacity. While admitting that the novel coronavirus…
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Yofi Grant appointed External Independent Member of the Board of OACPS’ Endowment & Trust Fund
The Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre ,(GIPC), Reginald Yofi Grant, has been appointed as an External Independent Member, for a 2-year mandate, on the Board of Directors of the Organisation of African, Caribbean and Pacific States, OACPS’ Endowment and Trust Fund (ETF), to represent the West Africa Region. The OACPS’…