GIPC named Africa’s best investment promotion agency for three consecutive years
The nation’s foremost investment agency, the Ghana Investment Promotion Centre (GIPC), has once again been named Africa’s best investment promotion agency by the Capital Finance International magazine (CFI.co) for the third consecutive year.
The CFI.co highlighted GIPC’s multi-level approach to investment attraction -leveraging technology, social media, and other ingenious initiatives to deliver on its mandate.
Further touting the Centre’s effectiveness in fashioning and supporting ground-breaking measures that have enhanced Ghana’s investment climate.
The prestigious award arrives right at the time when the Centre’s CEO, Mr Yofi Grant, has been re-elected as the Director for Sub-Saharan Africa on the Steering Committee of the World Association of Investment Promotion Agencies (WAIPA).
Commenting on GIPC’s recent feat, Mr Grant opined that the award is “testament to the great work being done by the Centre, and the progress it has made so far”.
He added that “the Centre will continually strive to do more, to ensure that Ghana cements its place, as the investment hub of Africa”.
Aside the GIPC, other big winners of this year’s CFI.co awards included; the International Business Machines Corporation (IBM), Mckinsey & Company, JPMorgan Chase & Co., China Construction Bank (CCB), Germany’s Commerzbank (CBKG.DE), and UK’s NatWest Bank.
The new CFI.co award adds to other respected honors the Centre has received over the last few years.
The GIPC, has in recent times upscaled its activities to keep up with changing business trends, as it seeks to continually provide topnotch services to investors.
The Centre adopted a dynamic system that makes aggressive use of digital media, coupled with high-level stakeholder engagements and business-to-business (B2B) linkages.
It has also broadened Ghana’s investment pool, with increased advocacy for Diaspora Direct Investment (DDI), followed through by the establishment of Diaspora Investment Desk (DID).
This compounded with the set-up of an Aftercare Division, aimed at providing post[1]investment services to nurture lasting stakeholder relationships.
Moreover, in line with the global drive for sustainable investments, the GIPC collaborated with the UNDP to launch the SDG Investor Roadmap, which aims to mobilize private-sector investments to advance the Sustainable Development Goals.
The aforementioned multifaceted drive by the Centre, helped it to attract an impressive amount of Foreign Direct Investment (FDI) amid the COVID-19 crisis, leading Ghana to rank as the best country in West Africa to invest, per a latest report by the Rand Merchant Bank.
