President John Dramani Mahama has unveiled a series of reforms aimed at making Ghana one of Africa’s most attractive investment destinations, assuring international investors that his administration is creating a more transparent, efficient, and competitive business environment.
Addressing the Ghana-UK Investment Summit 2026 in London on Monday June 1, 2026, the President said his government is prioritising regulatory reforms, digitalisation, and stronger investor protections to boost confidence among foreign and domestic investors.
Mahama highlighted the recently enacted Ghana Investment Promotion Authority Act as a major milestone in the country’s efforts to attract capital and stimulate economic growth.
According to him, the legislation removes minimum capital requirements across several sectors, strengthens investor protections, and guarantees the repatriation of profits, measures designed to reduce barriers to entry and improve the ease of doing business.
“The recently passed Ghana Investment Promotion Authority Act removes minimum capital requirements across many sectors.
It strengthens investor protections and guarantees the repatriation of profits by reducing bureaucratic bottlenecks and creating a more responsive environment for businesses to thrive,” he told participants.
The President stressed that investor confidence is closely linked to governance, stability, and institutional strength, areas he said Ghana continues to excel in compared to many countries on the continent.
“Our legal system is predictable based on English common law. Our judiciary is independent. Power transitions are peaceful, and our institutions remain strong,” he said.
Mahama noted that his administration is pursuing broad public sector reforms, including the digitisation of government services, simplification of business registration processes, and improvements in regulatory efficiency.
He said these measures are intended to reduce bureaucracy and create a more investor-friendly environment capable of supporting long-term business growth.
Beyond policy reforms, the President promoted Ghana’s demographic and governance advantages, describing the country’s youthful and entrepreneurial population as its strongest competitive asset.
“Our greatest competitive advantage is our people. We’re a young, ambitious, entrepreneurial, English-speaking population operating within one of Africa’s most stable democratic systems,” he said.
While outlining opportunities across key sectors, Mahama also pointed to ongoing infrastructure development programmes and logistics upgrades that are expected to support trade and investment activity.
The summit brought together business leaders, investors, and policymakers from Ghana and the United Kingdom to explore opportunities for expanding trade and investment partnerships between the two countries.
The President expressed confidence that the combination of policy reforms, political stability, and infrastructure development would position Ghana as a preferred destination for investment and a strategic gateway to African markets.
CREDIT: MAVIS FANTEVI
