The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has called on Ghanaian professionals in the diaspora to transition from sending traditional remittances toward participating in structured, high-impact investment opportunities.
Speaking at a Bank of Ghana roundtable held in Virginia, USA, Mr. Madjie emphasized that while personal remittances provide essential support, they are fundamentally insufficient to catalyze the large-scale industrialization and job creation required for Ghana’s long-term economic growth.
According to the GIPC head, diaspora capital should be channeled through transparent and secure investment vehicles that provide clear governance structures, equity stakes, and defined exit strategies.
He specifically identified Special Purpose Vehicles (SPVs) backed by the Ghana Infrastructure Investment Fund (GIIF) as a strategic and safe entry point for investors. These vehicles are designed to ring-fence specific assets and strengthen oversight, effectively reducing the risk profile for those looking to invest from abroad.
The discussions highlighted several priority sectors ripe for development, including agro-industrial projects, large-scale infrastructure, pharmaceuticals, and digital innovation.
Mr. Madjie also noted that Ghana’s emerging electric mobility market and recent regulatory advancements, such as enhanced oversight of cryptocurrency, serve as clear indicators of a modern and forward-looking investment climate. The roundtable concluded with a call for collaboration between policymakers and industry leaders to ensure the diaspora has accessible and practical channels to contribute to the nation’s core economic priorities.
Ruth Abla ADJORLOLO
