FDI rises from $624m to $2.62bn as Tema industrial activity picks up – Mahama

Nestlé expansion seen as industrial confidence President Mahama described Nestlé Ghana’s expanded evaporated milk production line as an important demonstration of private-sector confidence in Ghana’s long-term economic prospects.

The President made the remarks on Thursday, October 8, at the commissioning of an expanded evaporated milk production line operated by Nestlé Ghana in Tema, where he linked the company’s investment to what he described as improving economic stability and a more favourable investment climate.

However, the President acknowledged that businesses must continue to factor currency risks into investment decisions, underscoring the importance of sustained macroeconomic stability as Ghana seeks to attract and retain long-term capital.