Country Overview
Ghana’s investment appeal is rising as the economy continues its recovery—GDP growth is projected to rise from 2.9% in 2023 to 3.2% in 2024 and 4.4% in 2025. Inflation, which peaked at 54% in December 2022, is expected to decline to 11.5% by 2025, improving consumer purchasing power and economic stability. Key growth sectors, including manufacturing, oil and gas, renewable energy, agribusiness, and technology, continue to attract significant investments. Ghana’s political stability and history of peaceful transitions bolster investor confidence, contributing to increased foreign direct investment. The Ghanaian cedi is anticipated to stabilise, with an expected exchange rate of GH¢16.60/$ by the end of 2025. Additionally, Ghana's creditworthiness has improved following upgrades by Moody's and Fitch, as well as the successful restructuring of its Eurobond debt. With a strengthening economy, favourable investment conditions, and robust political stability, Ghana offers compelling opportunities for private equity investors.
Key Developments in 2024
Private Capital Activity
2024 was
