Ghana’s stability remain strongest investment advantage – Victor Smith

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Victor Emmanuel Smith, Ghana’s High Commissioner to the United States, has said Ghana’s greatest strengths in attracting foreign investment are its stability, credibility and predictable democratic environment.

Speaking at a high-level Economic Dialogue in Atlanta, Ambassador Smith engaged business leaders, investors, entrepreneurs and development partners on ways to deepen economic cooperation between Ghana and the United States.

He noted that Ghana remains committed to building sustainable and long-term partnerships that can drive industrial growth, job creation and inclusive economic development.

Highlighting areas of mutual opportunity between Ghana and the State of Georgia, the Ambassador pointed to sectors such as aviation, logistics, agriculture, education, fintech, manufacturing and the creative industry as key areas for collaboration.

“Atlanta’s world-class aviation and logistics ecosystem aligns naturally with Ghana’s ambition to become the preferred aviation and transportation hub of West Africa,” he stated.

Ambassador Smith also acknowledged the important role of the Ghanaian diaspora in advancing the country’s development agenda, describing them as a vital link between Ghana and the United States.

“Diasporas understand both systems. They understand Ghana and they understand America. They can therefore serve as bridges of trust, culture, investment and innovation,” he said.

Also speaking at the event was Jacques Nack Ngue, who announced a $40 million investment initiative aimed at supporting enterprise development across Africa, starting with Ghana.

According to him, the fund will focus on sectors including fintech, agricultural innovation and workforce transformation, with a strong emphasis on inclusive growth.

“We want the funds to go directly to the farmers, support agricultural workers, and include them in the economic activity,” he explained.

Mr. Ngue praised Ghana’s political and economic stability, describing it as one of the country’s biggest attractions for global investors.

“Stability is the new alpha. Ghana offers exactly what global capital is now searching for — peaceful rule, democratic governance, and peaceful transitions,” he said.

He further revealed that one of the fund’s portfolio companies, Quantum, has already registered more than 167,000 agricultural and forestry workers across Africa through its platform.

“I came here to be one of those bridges — to turn the conversation into execution and goodwill into measurable impact,” he added.

The dialogue also featured discussions on Ghana’s energy sector, with officials from Cen Power Generation Company outlining investment opportunities and reforms within the power industry.

Nana Brew-Butler explained how the company successfully attracted both local and international investors into Ghana’s energy space.

“We managed to attract investors from all over, and today 68 percent of ownership in the company is African,” he noted.

He said recent engagements with the current administration had helped restore investor confidence in the sector despite earlier concerns over utility payment arrears.

“Without power, you cannot get development,” he stressed.

Mr. Brew-Butler also disclosed that the company currently supplies about 12 percent of Ghana’s dependable electricity and provides power to more than one million households nationwide.

The Economic Dialogue concluded with renewed commitments to strengthen Ghana–U.S. business relations, expand diaspora participation and create practical pathways for turning investment opportunities into tangible development outcomes.

Source:Omanghana.com


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