Ghana placed 10th in Africa with the largest Foreign Direct Investments in 2021 and 2022, Bridgewater Advisors has revealed.
According to the transactional advisors, the country recorded $1.5 billion in FDIs in 2022, lower than the $2.4 billion recorded in 2021.
However, in the first half of this year, the nation bagged $275 million in value as foreign investments.
$230 million out of that were FDIs.
China was the largest destination in terms of FDIs to Ghana.
The manufacturing and services sectors were the sectors that registered the largest FDIs in the country during the period under review.
In terms of employment, a total of 6,247 jobs were created.
Meanwhile, Egypt placed 1st with the biggest FDIs to Africa in 2022.
It was followed by South Africa in the 2nd position, whilst Ethiopia was 3rd.
| COUNTRIES | POSITIONS |
| Egypt | 1st |
| South Africa | 2nd |
| Ethiopia | 3rd |
| Senegal | 4th |
| Morocco | 5th |
| Mozambique | 6th |
| Congo DR | 7th |
| Cote d’lvoire | 8th |
| Uganda | 9th |
| Ghana | 10th |
Latest Stories
-
Gold Fields Ghana Foundation challenges graduates to maximize benefits of community apprenticeship programme
36 mins -
GBC accuses Deputy Information Minister Sylvester Tetteh of demolishing its bungalow illegally
47 mins -
Boost for education as government commissions 80 projects
58 mins -
NAPO commissions library to honour Atta-Mills’ memory
1 hour -
OmniBSIC Bank champions health and wellness with thriving community walk
1 hour -
Kora Wearables unveils Neo: The Ultimate Smartwatch for Ghana’s tech-savvy and health-conscious users
1 hour -
NDC supports Dampare’s ‘no guns at polling stations’ directive
1 hour -
Police officer interdicted after video of assault goes viral
2 hours -
KNUST’s Prof. Reginald Annan named first African recipient of World Cancer Research Fund
2 hours -
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
2 hours -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
2 hours -
Parliament urged to fast-track passage of Road Traffic Amendment Bill
2 hours -
Mr Daniel Kofi Asante aka Electrician
2 hours -
Minerals Commission, Solidaridad unveils forum to tackle child labour in mining sector
3 hours -
Election 2024: Engagement with security services productive – NDC
3 hours