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GIPC secures 2nd place for Best Investment Project in West and Central Africa 

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GIPC secures 2nd place for Best Investment Project in West and Central Africa 

The Ghana Investment Promotion Centre (GIPC) has received recognition for its outstanding  efforts in promoting investment opportunities and driving economic growth in Ghana. At the  Annual Investment Meeting (AIM) held in Abu Dhabi, GIPC secured second place for the best  investment project in West and Central Africa, showcasing the Centre’s commitment in this  domain. 

GIPC over the years, has built a strong affiliation with the AIM Congress as a dedicated and  successful premier Investment Promotion Agency (IPA). This recognition is evident through AIM’s  consecutive conferral of the best IPA in Central and West Africa title for five years, spanning 2016  to 2021, and the runner-up position for the best IPA in Africa in 2022. 

In 2023, GIPC has once again maintained its strong position in the region, securing second place  for the best investment project in West and Central Africa. 

AIM Congress is a globally renowned conference that brings together investors, entrepreneurs,  and government representatives from around the world. The event serves as a comprehensive  platform for various sectors to engage in open discussions on the latest investment trends and  opportunities. AIM fosters an environment conducive to idea exchange and facilitates potential  partnerships, unlocking new avenues of collaboration and growth for participants. 

Commenting on the award, Yofi Grant, the Chief Executive Officer of GIPC, expressed his  appreciation, stating, “We are deeply honored to have been recognized as securing one of the  best investment projects in West and Central Africa at the Annual Investment Meeting. This  award is a testament to our unwavering dedication to creating a business-friendly climate in  Ghana and promoting lucrative investment opportunities in the country.” 

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Furthermore, Mr. Grant acknowledged the efforts of the GIPC team, partners, and investors for  their support in achieving this remarkable feat. Their collaboration and effort according to him has been instrumental in paving the way for sustainable economic development in Ghana,  attracting significant investments, and nurturing a favorable environment for businesses to  thrive.

Also, during the AIM Congress, the GIPC, under the leadership of its CEO, successfully concluded  a Memorandum of Understanding (MoU) with the Namibian Investment Promotion and  Development Board, represented by CEO Ms. Nangula Shejavali. This MoU establishes a  framework for collaboration between the two agencies, specifically in the areas of investment  promotion and facilitation. 

In another notable development, an important agreement was reached between the African  Continental Free Trade Area (AfCFTA), represented by Secretary General Wamkele Mene, and  the UAE Trade Center, represented by Chief Executive Officer Walid Hareb Al Falahi. This  significant milestone was marked by the signing of a Memorandum of Understanding (MoU),  solidifying their partnership and shared objectives. 

The collaborative efforts between AfCFTA and the UAE Trade Center aim to organize a series of  side events at COP 28 in Abu Dhabi, scheduled for November. These events will include dedicated  business forums designed to facilitate interactions between UAE and African businesses,  fostering mutually beneficial partnerships. Additionally, dialogue sessions will be conducted to  deepen understanding and awareness of the AfCFTA, ensuring that stakeholders are well informed about the potential benefits and opportunities it presents. 

The events will cover crucial topics such as trade facilitation, incentives offered by the AfCFTA,  cost-effective logistics, and strategies to empower UAE businesses under the agreement. This  joint initiative promises to strengthen trade opportunities and enhance economic ties between  the UAE and Africa. 

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