The Chief Executive Officer of the Ghana Investment Promotion Centre, Mr Simon Madjie, has stressed the need for diaspora capital to be channelled into transparent and well-governed investment structures.
He said such a shift is essential to move beyond remittances towards more productive investments that can drive industrial growth and job creation. While remittances remain important, he noted they are not enough to meet Ghana’s long-term development needs.
Mr Madjie made the remarks at a diaspora investment roundtable in Virginia, United States, organised by the Bank of Ghana.
He explained that Ghana is strengthening formal investment channels to improve governance, enhance investor protection, and ensure better returns.
He highlighted Special Purpose Vehicles (SPVs), backed by the Ghana Infrastructure Investment Fund, as a key entry point for diaspora investors, noting that they help reduce risk and improve accountability.
He also pointed to opportunities in agro-industry, infrastructure, pharmaceuticals, digital innovation, and electric mobility. He added that ongoing regulatory reforms, including moves towards crypto oversight, demonstrate Ghana’s commitment to building a modern and investor-friendly environment.
The roundtable brought together diaspora professionals, policymakers, and industry leaders to explore practical ways of mobilising capital into Ghana’s priority sectors.
