The President of the Ghana-South Africa Business Chamber, Grant Webber, has revealed that Foreign Direct Investment (FDI) in Ghana dropped to its lowest level in sixteen years, following several years of net outflows of foreign companies by the end of 2024.
According to him, Ghana's investment outlook has shifted from negative territory.
He noted that transitioning into a positive investor climate will require significant efforts to enhance investor confidence and competitiveness.
Speaking to GhanaWeb Business on the sidelines of the GNBCC 8th Annual Joint Cocktail Hangout on Thursday, October 30, 2025, Webber observed that despite the shortfall, there are early signs of economic and investor recovery in the local market, as more foreign companies are beginning to express renewed interest in Ghana.
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"For the last six or seven years, there's been a net outflow of foreign companies, and foreign direct investment reached a 16-year low at the end of 2024. However, there are green shoots of improvement, and we are seeing growing interest from foreign companies. I can speak on behalf of South African investors, there have been a few new companies entering Ghana, which we haven't seen for some time. That’s encouraging," he said.
He further called on government agencies responsible for investment promotion to intensify efforts to make Ghana more attractive.
"I think the government agencies involved in attracting investors have their work cut out for them. Business chambers are part of the ecosystem, and we do our part as well. We don't promote Ghana just for the sake of it, the fundamentals need to add up. For us to promote the country as an investment destination, we must be confident that the investment climate is right," he stated.
Watch the interview below:
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