Infrastructure, Stability Drive Ghana’s Investment Appeal — Deloitte

Ghana’s improving macroeconomic conditions, renewed infrastructure push and gradual recovery in capital market activity are converging to create fresh investment opportunities across key sectors of the economy, a senior official at Deloitte Ghana has said.

Speaking at the UKGCC-Deloitte Investment Readiness Business Webinar Series, Senior Manager at Deloitte Ghana, Peter Nii Charway, underscored growing signs of stability following a period of economic turbulence. He noted that ongoing reforms, supported by fiscal consolidation measures and an IMF-backed programme, are helping to restore investor confidence and reinforce macroeconomic resilience.

“Recent economic indicators point to sustained growth momentum, with GDP expected to expand further in 2026, underpinned by gains in key sectors of the economy,” he stated.

Mr Charway explained that the government’s economic strategy is increasingly anchored on infrastructure development and industrialisation, with a deliberate shift towards export-led growth. This approach, he indicated, is already reflected in the strong performance of the non-oil sector, particularly across services, industry and trade.

He highlighted that targeted investments in industrial parks, logistics corridors and export-oriented manufacturing hubs are expected to unlock significant opportunities for both local and international investors. In addition, increased spending on energy, transport and digital infrastructure, alongside a growing emphasis on public-private partnerships is positioning Ghana as a more competitive destination for capital.

On regional integration, Mr Charway pointed to ongoing cross-border infrastructure projects, including the Abidjan–Lagos highway, as critical enablers of trade and investment. He observed that such initiatives are likely to enhance connectivity, ease logistical constraints and stimulate growth in related industries across West Africa.

Turning to the financial landscape, he noted that Ghana’s capital markets are gradually regaining traction following disruptions associated with the domestic debt exchange programme. He emphasised the continued relevance of the stock market as a channel for mobilising long-term and relatively affordable capital to support business expansion.

Mr Charway also identified agriculture, manufacturing and logistics as priority sectors driving economic activity. In agriculture, he cited opportunities in agribusiness, processing and export value chains, while manufacturing prospects remain robust, particularly in agri-processing, pharmaceuticals and automobile assembly.

Citing developments in the automotive sector, he said government efforts to attract global manufacturers are beginning to yield results. “Government’s policy to attract global vehicle manufacturers has already seen firms such as Toyota, Nissan and Mitsubishi Motors establish assembly operations in Ghana,” he noted, adding that the initiative forms part of a broader import substitution strategy aimed at reducing reliance on vehicle imports while positioning the country as a manufacturing hub.

He further highlighted pharmaceuticals as an emerging growth area, supported by rising population demand and expanding economic activity.

Overall, Mr Charway maintained that Ghana’s ongoing economic reset anchored on structural reforms and strategic investments, presents a broad spectrum of opportunities for investors and small and medium-sized enterprises seeking to participate in the country’s evolving growth story.