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Business News of Thursday, 23 May 2024

Source: techlabari.com

Ghana received a record low $649.58 million in Foreign Direct Investments in 2023 - Report

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The Ghana Investment Promotion Centre (GIPC) has put out new data for 2023 on foreign direct investments in the country.

According to the centre, Ghana received investments totaling $649.5 million in 2023. This is a 55% drop from the previous year which recorded $1.47 billion in investments.

Countries with highest investments

China emerged as the country with the highest investment amount in the country with $211.89 million and contributing to 31 investment projects.

Turkey and India came in second and third with $173.27 million and $77.93 million respectively.

Foreign Direct Inflows (Ghana) - 2017 to 2023