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Ghana Embassy in Washington woos U.S Investors with maiden business forum

The Ghanaian Embassy in Washington, D.C., has launched a groundbreaking investment-focused initiative with the maiden “Investing in Ghana Business Forum,” aimed at expanding U.S. investment into Ghana’s rapidly recovering economy.

The Embassy described the forum as a major step toward fulfilling its mandate of serving as a bridge between Ghana and the United States by promoting investment, trade, business partnerships, and new opportunities emerging across the Global South.

The event brought together key stakeholders, including policymakers, investors, multinational corporations, and business executives, to examine the potential the Ghanaian market holds for U.S. businesses, especially in light of the country’s strong macroeconomic indicators recorded this year.

Senior government officials, including the Minister of Agriculture, the Minister for Energy, and the Deputy Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), engaged directly with participants on issues relating to trade facilitation, regulations, and sector-specific investment partnerships.

The Ambassador, H.E Victor Emmanuel Smith, highlighted the achievements of the John Dramani Mahama administration, noting its role in stabilizing the economy, reviving critical sectors, and restoring confidence in international trade and investment.

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“Ghana remains open, stable, and ready for business. We have made significant progress, and we encourage American partners to take advantage of the opportunities emerging across our economy,” he said.

The forum explored collaboration prospects in agriculture, energy, tourism, digital technology, infrastructure development, and the services sector. Embassy officials emphasized that the initiative forms part of a broader economic diplomacy strategy to deepen Ghana’s engagement with the U.S. private sector and the Ghanaian diaspora.

Highlighting the gains that reinforce Ghana’s investment appeal, the Ambassador pointed to transformational work undertaken by key ministries and state institutions that directly influence the business environment.

He described Ghana’s recent economic indicators as “real, measurable, and internationally recognized.” Ghana’s upgrade to a B+ Fitch rating, after being rated a junk status just a year earlier, was cited as clear evidence of the country’s progress on its recovery path.

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He also commended the government for reducing inflation from 23.5% at the start of the year to 6.3%, marking the eleventh consecutive month of decline. Ghana’s economy, he added, expanded by 5.5% in the third quarter, signaling a robust rebound and renewed investor confidence.

The Ghanaian cedi has maintained notable stability this year, supported by the Bank of Ghana’s injection of $10 billioninto the foreign exchange market to cushion the currency against major trade currencies.

In October 2025, the cedi appreciated by 9.8% against the U.S. dollar, strengthening to GH¢10.85 on the interbank market.

He also highlighted the strong performance of Goldbod, the government-established entity mandated to regulate, purchase, assay, and export gold. Goldbod recorded an impressive $5 billion in revenue, contributing significantly to Ghana’s foreign exchange earnings and broader economic resilience.

Attendees commended the Embassy for convening the maiden forum and emphasized the need for similar engagements across other U.S. states with large commercial hubs and vibrant Ghanaian diaspora communities.

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Many noted that extending the initiative nationwide would deepen investor confidence and create stronger linkages for trade, technology, and enterprise growth.

According to the Embassy, the Washington edition signals a renewed commitment to promoting Ghana as one of West Africa’s most dependable investment destinations.

Officials stressed that this initiative forms part of a broader strategy to showcase emerging opportunities in Ghana’s economy and to strengthen long-term partnerships with American businesses, institutions and investors

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