Chief Executive Officer of the Association of Ghana Industries (AGI), Seth Twum-Akwaboah, has reported a significant improvement in business and investor confidence in Ghana over the past six months, citing the positive impact of recent economic stability measures and government interventions.
Speaking on PM Express on Joy News, Mr. Twum-Akwaboah highlighted the growing optimism within the business community, attributing the shift to enhanced macroeconomic indicators, policy consistency, and improved engagement between the public and private sectors.
“Over the last six months, we’ve observed a notable boost in confidence among businesses and investors,” he stated. “There’s still work to be done, but the signs are encouraging.”
He, however, underscored the need for sustained reforms to consolidate the gains made so far. He identified high production costs, limited access to credit, and bureaucratic inefficiencies as persistent structural challenges that continue to hinder local businesses.
“Sustaining this confidence will require continuous improvement in the business environment and stronger support for local industry,” Mr. Twum-Akwaboah stressed.
He further called for deliberate policy actions to promote manufacturing, innovation, and value addition as key drivers for strengthening Ghana’s industrial base.
The AGI CEO’s remarks come as the country intensifies efforts to accelerate economic growth and attract both domestic and foreign investment following a period of economic turbulence.
