GIPC now an authority

A Stronger, More Investor-Friendly Investment Framework The Ghana Investment Promotion Authority Act, 2026 (Act 1173) introduces far-reaching reforms designed to improve the ease of doing business, strengthen investor protection and align Ghana's investment regime with regional and international standards, including the African Continental Free Trade Area (AfCFTA).

Among the key reforms introduced by Act 1173 are the establishment of a national investment promotion Authority, modernisation of Ghana's investment promotion framework, and the removal of blanket minimum capital requirements for wholly foreign-owned enterprises and joint ventures with Ghanaian partners, while retaining a reduced threshold for trading enterprises.

President John Dramani Mahama on Wednesday, July 15th, 2026, assented to the Ghana Investment Promotion Authority Act, 2026 (Act 1173), officially transforming the Ghana Investment Promotion Centre (GIPC) into the Ghana Investment Promotion Authority (GIPA).