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Get ready for the @cassavacarnival– a wild ride of fun, connection, and epic vibes hosted by @Mekagruppo ! Join the party, share your hype, and let’s build something legendary together. #CassavaCarnival #MekaMadness – Drop a 📷🎉

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Cassava yields exceed 19 million tonnes annually, offering vast potential for processed-food exports. Emerging soybean cultivation can feed a growing domestic feed-meal industry and oil-extraction operations. #CassavaCarnival Catch the boom with #TeamMekagruppo #WeKnowHowWeCanDo

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Agribusiness and value chains hold exceptional promise: cocoa accounts for roughly 2.5 percent of GDP and one-quarter of export earnings while supporting some 800 000 smallholder farmers.

[CassavaCarnival Mekagruppo @CassavaCarnival]

Cassava yields exceed 19 million tonnes annually, offering vast potential for processed-food exports. Emerging soybean cultivation can feed a growing domestic feed-meal industry and oil-extraction operations. #CassavaCarnival Catch the boom with #TeamMekagruppo #WeKnowHowWeCanDo

[CassavaCarnival Mekagruppo @CassavaCarnival]

Agribusiness and value chains hold exceptional promise: cocoa accounts for roughly 2.5 percent of GDP and one-quarter of export earnings while supporting some 800 000 smallholder farmers.

[CassavaCarnival Mekagruppo @CassavaCarnival]

Get ready for the @cassavacarnival– a wild ride of fun, connection, and epic vibes hosted by @Mekagruppo ! Join the party, share your hype, and let’s build something legendary together. #CassavaCarnival #MekaMadness – Drop a 📷🎉

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@lordcudjoe Our Trumpcard for business below-Given these realities, Ghana must align its amended investment framework with clear sectoral priorities.

[Franklin CUDJOE @lordcudjoe]

5 minutes read 📷

From Threshold to Opportunities: Eliminating The $1 Million Foreign Investment Barrier- IMANI Brief
President Mahama’s trip to Yokohama for the Ninth Tokyo International Conference on African Development underscored Ghana’s intent to deepen its engagement with global partners and reaffirm its commitment to inclusive growth. TICAD-9, co-hosted by the Government of Japan, the United Nations, the World Bank and the African Union Commission, convened leaders to chart Africa’s industrialisation, human-capital development, health innovation and climate-resilient infrastructure for the decade ahead. Against this backdrop, the president seized the moment to announce a planned amendment to the Ghana Investment Promotion Centre (GIPC) Act that would eliminate the US $1 million minimum-capital requirement for general trading companies.

Enacted in 2013, the GIPC Act established a transparent framework for attracting and protecting investment in Ghana. It guaranteed safeguards against expropriation and set clear equity thresholds for foreign participation: US $200 000 for joint ventures with at least 10 percent Ghanaian ownership, US $500 000 for wholly foreign-owned firms and US $1 million for trading concerns employing a minimum of twenty skilled Ghanaian workers. Exemptions exist for manufacturing and export operations as well as for portfolio investors and long-resident foreign spouses, but the one-million-dollar rule has long been viewed as a barrier for smaller operators.

Over the past five years Ghana’s foreign direct investment inflows have ebbed and flowed. In 2020 the country recorded approximately US $1.88 billion in net FDI, rising to US $2.53 billion in 2021 before easing back to US $1.43 billion in 2022 and US $1.32 billion in 2023. Preliminary data from the Ghana Investment Promotion Centre show registered-project commitments of about US $618 million in 2024, while Bank of Ghana balance-of-payments statistics place actual net inflows at US $265 million in March 2024, averaging US $384 million from March 2021 to March 2024. These differences arise because GIPC figures capture projected investment costs upon registration, whereas central-bank data record realised capital flows under the BPM6 accounting framework. World Bank analysis further highlights that FDI as a share of GDP peaked above 2 percent in 2021 but has since slipped below 1 percent.

Scrapping the one-million-dollar requirement promises to widen the aperture for small and medium-sized foreign investors who previously lacked the capital heft to enter Ghana’s trading sector.
Lower entry thresholds will make it easier to launch export-oriented ventures in agriculture and light manufacturing, fostering innovation and job creation. Yet the move could also expose local traders to stiffer competition unless it is paired with robust local-content provisions and technology-transfer obligations. Close monitoring by GIPC aftercare services will be essential to ensure that new market entrants contribute to domestic skills development rather than displacing Ghanaian enterprises.

In recent years the Ghana Union of Traders Associations (GUTA) has sparred with the Nigerian Union of Traders Association, Ghana (NUTAG) over enforcement of the GIPC Act’s reserved-sector rules and allegations that foreign operators flouted capital-threshold requirements. GUTA’s protests have often centred on mobile-phone and retail markets, where local traders argue that undercapitalised foreign resellers undercut prices unfairly. Although the union has not yet issued a formal response to the president’s announcement, its past vigilance suggests that any perceived neglect of local-content safeguards could prompt a swift reaction.

Despite its symbolic weight, the one-million-dollar clause was rarely cited in multilateral assessments as the principal hurdle to FDI. Reports by the Bank of Ghana, the GIPC and the World Bank’s World Investment Report instead point to macroeconomic volatility, high financing costs, regulatory complexity and infrastructure deficits—especially in power and transport—as more formidable deterrents. Addressing these systemic challenges alongside legal reforms will be critical to boosting Ghana’s competitiveness in the eyes of global investors.

Given these realities, Ghana must align its amended investment framework with clear sectoral priorities. Agribusiness and value chains hold exceptional promise: cocoa accounts for roughly 2.5 percent of GDP and one-quarter of export earnings while supporting some 800 000 smallholder farmers. Cassava yields exceed 19 million tonnes annually, offering vast potential for processed-food exports. Emerging soybean cultivation can feed a growing domestic feed-meal industry and oil-extraction operations.
Simultaneously Ghana’s gold sector contributes more than 90 percent of mining GDP, and offshore oilfields such as Jubilee and Sankofa continue to draw substantial upstream investment. Prioritising roads, public housing and renewable-energy projects will further strengthen the country’s investment climate by reducing logistic costs and enhancing power reliability.

As Accra moves to amend the GIPC Act, it should preserve other provisions that foster genuine partnerships and local-value creation. Retaining incentives for technology transfer and maintaining minimum equity requirements in strategic subsectors will help channel capital into areas that generate skills, deepen supply chains and spread benefits nationwide. Paired with macroeconomic stability and infrastructure upgrades, the removal of the one-million-dollar threshold has the potential to catalyse a more diversified, inclusive era of foreign investment in Ghana.

Credit- Ransford Brobbey -IMANI’s Criticality Analysis of Governance and Economic Issues August 17-23, 2025.

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@thenanaaba for today... sense talk🧠🧠🧠 which implores the citizenry to priotize healthcare, wellbeing & wellness.
Go do that medical checkup to assess your state of being✅✔️ MOH's Tony Goodman shld be promoting such initiative but rada...
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for emphasis here you go below
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@Akon from GRASS to GRACE not an easy road

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