Ghana recorded estimated foreign direct investment inflows of US$2.61 billion in 2025 across 253 projects and existing companies. This is according to the latest provisional data from the Ghana Investment Promotion Centre.
The 2025 figures far surpass the US$652 million recorded in 2024, underscoring renewed investor interest in the economy following significant improvements in inflationary pressures and currency stability during the period under review.
The figures, compiled from the Ghana Investment Promotion Centre, Petroleum Commission, and Ghana Free Zones Authority, show that new projects registered under the GIPC accounted for the largest share of inflows at US$1.437 billion from 180 projects.
Existing upstream petroleum companies recorded US$994 million in investments, while new investments under the Free Zones Authority contributed US$165 million. Additional equity inflows into existing firms stood at US$14 million.
The data also points to strong reinvestment activity by companies already operating in the country.
Out of the US$1.92 billion captured by the Bank of Ghana, about US$1.83 billion came from reinvested earnings, indicating that firms already established in Ghana are retaining profits and expanding operations instead of exiting the market.
China emerged as the leading source country by number of projects, accounting for 70 projects. India followed with 22 projects, while Nigeria recorded 10 projects. The United Arab Emirates and the United Kingdom registered 9 and 8 projects, respectively.
However, by investment value, the Cayman Islands ranked first with US$500 million, narrowly ahead of China at US$486 million.
Nigeria contributed US$105 million in investment value, while France-Nigeria partnerships accounted for US$100 million. The United States followed with US$51 million.
Commenting on the data, Chief Executive Officer of the Ghana Investment Promotion Centre, Simon Madjie, said Ghana remains open for business and continues to position itself as a gateway for investment on the African continent.
“We are open for foreign direct investment and we are even more open for foreign direct investment from Africa because we have the AfCFTA. We are the commercial hub for the continent. Now, our objective is not to compete.
“Our objective is to position Ghana as the favourable place for people to do business and there are a lot of things that are going well for us,” he asserted.
The figures highlight continued foreign investor confidence in Ghana at a time when many local businesses are also beginning to express renewed optimism about the economy, despite concerns over energy tariffs and broader operational challenges.
