Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has officially inaugurated a new 10-member Governing Board of the Ghana Investment Promotion Centre (GIPC), tasking it to strengthen the country’s appeal as a destination for foreign direct investment (FDI).
Chaired by Akwasi Oppong-Fosu, the board is expected to play a strategic role in supporting GIPC’s mandate to attract and retain quality investments that drive economic growth and job creation.
Other members include Dr. Zakaria Mumuni, Dr. Audrey Smock Amoah, Deputy Minister for Trade, Agribusiness and Industry Sampson Ahi, Deputy Finance Minister Thomas Nyarko Ampem, CEO of the Ghana Investment Promotion Centre Simon Madjie, Dr. Reuben Owusu Gyamfi, CEO of the Ghana Association of Banks John Awuah, Major Christine Naa Adoley Oko (Rtd), and President of Greater Accra Markets Association Mercy Afrowa Needjan.
During the inauguration ceremony on Wednesday July 9, 2025 , the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare underscored the critical function of GIPC in driving Ghana’s investment agenda.
She also hinted at an impending review of the GIPC Act to better position the institution to meet current investment trends and deliver effectively on its mandate.
“I am confident that you know the mandate of the board for which you have been called to serve – primarily to bring foreign direct investment into Ghana. We are looking at your law again to make it more robust, more effective and to help you achieve your mandate as reposed in you by His Excellency the president of the Republic of Ghana,” Elizabeth Ofosu-Adjare said.
Chairperson of the new 10-member Governing Board of the Ghana Investment Promotion Centre (GIPC), Akwasi Oppong-Fosu on his part underscored the role of GIPC while pledging to ensure that it supports the sector minister to transform the country.
“We do not take these responsibilities lightly. We pledge that we are committed to supporting your efforts in achieving the vision of the His Excellency the president in transforming this country,” he said.
