By Ghana News
Copyright ghanamma
Ghana Investment Promotion Centre (GIPC) Chief Executive Officer Simon Madjie has launched an aggressive dual-track energy investment campaign targeting both traditional fossil fuel projects and renewable energy initiatives as the country positions itself as West Africa’s energy hub.
Speaking at Ghana Energy Day during the recently concluded 2025 Africa Oil Week conference in Accra, Madjie unveiled the new Investor Grievance Academy designed to resolve business disputes before they escalate, demonstrating Ghana’s commitment to long-term investor success rather than mere attraction.
Africa Oil Week 2025 concluded after four days of high-level discussions that positioned Ghana at the center of continental energy transformation, with indigenous industry leaders playing prominent roles in shaping Africa’s upstream development strategies.
The investment drive comes as Ghana implements comprehensive economic reforms, including the elimination of minimum capital requirements for foreign investors and introduction of a residency-by-investment program targeting up to $10 billion in foreign direct investment by 2028.
Madjie emphasized Ghana’s political stability and strong legal protections as compelling advantages for international energy investors seeking African market exposure. The country’s democratic credentials and established rule of law framework provide crucial stability often lacking in regional energy markets.
The Investor Grievance Academy represents a new initiative designed to quickly resolve business concerns before they escalate, marking an evolution from the original Investor Grievance Mechanism developed in collaboration with the World Bank since 2023.
Ghana’s dual energy strategy reflects global transition dynamics while acknowledging realistic African development needs. The approach allows international investors to participate in both traditional oil and gas projects alongside renewable energy initiatives, providing portfolio diversification within a single jurisdiction.
The energy investment push aligns with Ghana’s broader economic diversification efforts. Recent GIPC interventions have facilitated 2,000 jobs through strategic partnerships, demonstrating the center’s capacity to translate investment promotion into tangible employment outcomes.
Ghana’s position as host of Africa Oil Week 2025 reinforced its strategic importance in continental energy discussions. The four-day conference brought together global energy executives, government officials, and industry leaders to explore investment opportunities across traditional and renewable sectors.
The country’s established oil and gas infrastructure provides a foundation for expanded energy investment, while emerging renewable energy potential offers opportunities for investors seeking green energy exposure in African markets. This dual approach addresses diverse investor preferences and risk profiles.
Ghana’s 24-hour economy policy, featuring tax incentives and cheap electricity, creates additional advantages for energy-intensive industries considering Ghanaian operations, potentially attracting manufacturing and processing companies alongside energy developers.
The Investor Grievance Academy represents institutional learning from previous investment challenges, providing systematic dispute resolution mechanisms that protect both investor interests and government policy objectives. This approach addresses a key concern often cited by international investors about African markets.
Ghana’s comprehensive energy investment strategy positions the country to benefit from both immediate fossil fuel development opportunities and longer-term renewable energy transitions, providing flexibility as global energy markets evolve.
