The newly appointed Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, has met with the organization’s management and staff to outline his strategic vision for growth.
During his address, he emphasized the importance of collaboration, investment promotion, and policy enhancement to drive Ghana’s economic development.
Mr. Madjie, who was warmly welcomed by the GIPC team, acknowledged the remarkable strides made by the organization over the years but stressed that more work remains to be done. He expressed his commitment to enhancing Ghana’s investment climate by fostering strong partnerships with key ministries, government agencies, and private sector stakeholders.
At the core of Mr. Madjie’s vision is the goal of attracting more Foreign Direct Investment (FDI) into Ghana. He underscored the need for a cohesive approach, aligning investor interests with national development priorities. By streamlining processes and improving coordination with stakeholders, he aims to create a more business-friendly environment that will drive sustainable economic growth.
Additionally, Mr. Madjie outlined plans to identify and promote investment opportunities across all districts in Ghana. As part of this initiative, he intends to deploy regional directors in all 16 regions to oversee and manage investment-related activities, ensuring that every part of the country benefits from economic expansion.
In a significant move to strengthen Ghana’s position in regional trade, Mr. Madjie announced plans to establish an “AfCFTA Desk” at GIPC. This initiative he noted will focus on leveraging the African Continental Free Trade Area (AfCFTA) agreement, positioning Ghana as a key investment hub in the region. By taking a more structured approach to trade promotion, GIPC aims to attract investors looking to tap into Africa’s expanding market.
Mr. Madjie also highlighted ongoing efforts to review and finalize updates to the GIPC Act, a process initiated by previous leadership. The goal is to enhance regulatory frameworks and improve the Centre’s turnaround time for key registration processes. He emphasized that certain activities at GIPC will be realigned and repurposed to align with the government’s 24-hour economy policy, ensuring efficiency and responsiveness in investment facilitation.
To support these efforts, the new CEO stressed the importance of capacity-building within the GIPC team, ensuring that staff are equipped with the necessary skills to drive the organization’s vision forward. He called for teamwork and collaboration, both internally and with external partners, to achieve sustainable progress.
Concluding his address, Mr. Madjie urged staff and stakeholders to support a comprehensive initiative to position Ghana as a top investment destination. He reiterated that “Ghana is Open for Business”, emphasizing the need to communicate this message effectively to both local and global investors.
The meeting was attended by GIPC’s former CEO, Mr. Yofi Grant, who ceremonially handed over leadership to Mr. Madjie.
