Ghana: SDG Investor Map identifies 12 investment opportunity areas in attempt to bridge $43 billion SDG financing gap
The Sustainable Development Goals (SDG) Investor Map developed by the United Nations Development Programme (UNDP) and the Ghana Investment Promotion Centre (GIPC) has identified in the country, twelve (12) Investment Opportunity Areas (IOAs) ready for capital investments by investors.
The 12 IOAs span across five priority sectors namely agriculture, infrastructure, technology & communications, healthcare and consumer goods.
Notable among these IOAs are; construction of affordable housing, provision of internet hotspots for rural areas, digitalization of health care delivery, and scaling up aquaculture.
Investment opportunities in the area of agriculture include affordable irrigation systems and dams, fish breeding, storage infrastructure and logistics services for grain value chains, integrated farm operations and management systems as well as agribusiness analytics.
In the area of infrastructure are affordable housing, road construction and maintenance, collection and recycling of electronic waste and sanitation services for unserved areas.
For the healthcare sector, investment opportunities are e-healthcare and drone transportation solutions. For the technology and communications and consumer goods sectors, the available investment opportunities lie in affordable mobile internet for rural areas and manufacturing and distribution of improved cooking stoves.
Speaking at the maiden breakfast meeting on the SDG Investor Map since its launch in March this year, Resident Representative of the UNDP in Ghana, Dr Angela Lusigi noted, the Investor Map translates identified gaps in the aforementioned sectors, particularly in the health and ICT sectors into viable business opportunities and business models that are SDG inclined.
The SDG Investor Map, Dr Lusigi noted will help bridge country’s SDG financing gap of $43 billion when utilised by investors by correcting the shortfalls and creating a conducive investment climate particularly for SDG related investments to drive the country’s development agenda.
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She pledged UNDP’s continued commitment and support towards making Ghana an investment destination of choice, and to support the SDG Investor Maps as a vehicle for strategic development investment.
“We know that the task to bridge Ghana’s current SDG financing gap of approximately USD 43 billion a year is daunting, but we remain resolute in our quest to support the mobilization of innovative financing for the implementation of the SDGs”, she noted.
Making a presentation at the breakfast meeting on the significance of the Investor Map to investors, Economic Advisor for UNDP Ghana, Edo Etukudo, noted the SDG Investor Map provides investors analysis, information and data about specific country SDG-enabling investment opportunities built on policy priorities, development needs and investment potential.
The SDG investor Map, a key feature of the SDG investment platform, provides market intelligence for private sector investors, by translating country-level SDG gaps and priorities into investment opportunities with the goal of channelling investments into the major investment opportunity areas identified in the SDG Investor Map.
The SDG Investor Map is an enterprising initiative by UNDP and GIPC to accelerate SDG-aligned investments in the country by offering insight, data, and impact measurement tools to both local and foreign investors, with the purpose of fast-tracking attainment of Sustainable Development Goals (SDGs).
