Ghana last year placed second in Foreign Direct Investments (FDIs) with a total of $2.6 billion.
Information Minister, Kojo Oppong Nkrumah, revealed in a tweet that the FDIs were realised from 271 registered projects in Ghana.
“It is envisaged that 27,000 direct jobs were created,†the tweet added.
Last year, Ghana came second in attracting FDIs in Africa. As a nation, we bagged $2.7billion worth of investment out of which $2.6billion was from FDI.
The FDIs were realized from 271 registered projects in Ghana and it is envisaged that 27,000 direct jobs were created. pic.twitter.com/8dk1YVzb3A— Kojo Oppong Nkrumah (@konkrumah) August 3, 2021
This morning @gipcghana and @moigovgh collaborated to launch SPARK-UP; an initiative that empowers the facilitation of all these 271 FDIs.
— Kojo Oppong Nkrumah (@konkrumah) August 3, 2021
It will be good if you join us on September 6, 2021 and explore how you too can be part of the new opportunities being created. pic.twitter.com/6qHgnyoO0s
According to UNCTAD's World Investment Report 2020, mining and oil exploration are the main sectors that attract most of the FDI in Ghana.
Ghana hosts annual summits (Ghana Investment Summit) to position itself as a hub in West Africa for foreign investors.
China has the highest number of investment projects registered with Ghanaian institutions, followed by India, the United Kingdom, South Africa, Turkey, Mauritania and France.
According to UNCTAD's Global Investment Trends Monitor, FDI flows to Sub-Saharan Africa decreased by 11% to an estimated $28 billion in 2020 due to the COVID-19 pandemic.
Africa attracted a total of $38 billion in foreign direct investment (FDI) in 2020, down 18% from 2019, according to recent data from UNCTAD.
In the rankings, Egypt maintains its leading position with a total inflow of $5.5 billion, down 38% year on year.