GIPC Calls for Stakeholder Input in Proposed Investment Promotion Bill
Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, has called for active stakeholder participation in shaping the proposed Ghana Investment Promotion Authority (GIPA) Bill, 2025.
The Bill, which seeks to replace the GIPC Act, 2013 (Act 865), will establish GIPA as the primary agency responsible for encouraging, promoting, and regulating investments in Ghana.
Speaking at a stakeholder consultation with public sector representatives in Accra, Mr. Madjie stressed that the new legislation must reflect the evolving needs of Ghana’s investment environment.
“This process is about more than drafting legislation. It’s about listening, building consensus, and ensuring the rules we set actually work for investors and for Ghanaians,” he remarked.
He explained that the GIPA Bill is designed to address persistent challenges such as fronting and regulatory inconsistencies, while also strengthening support systems for both domestic and foreign investors.
Director of GIPC’s Legal Division, Ms. Naa Lamle Orleans-Lindsay, highlighted some of the core reforms embedded in the Bill. These include an expanded mandate for the Authority, a review of minimum foreign capital requirements, and the establishment of a revised governance framework aimed at safeguarding investor interests.
The consultation concluded with an interactive Q&A session, where participants raised concerns and offered practical recommendations to refine the draft Bill.
The GIPC has indicated that similar stakeholder consultations will be rolled out with private sector actors and civil society organisations to ensure broad-based input into the legislative process.
