Government to remove minimum capital requirement for foreign investors under GIPC Act

President John Dramani Mahama has revealed that the government will abolish minimum capital requirements for foreign investors as part of a new Ghana Investment Promotion Centre (GIPC) Act.

The announcement was made at the Ghana Presidential Investment Forum in Yokohama, Japan, on Tuesday, August 19, 2025, during the Ninth Tokyo International Conference on African Development (TICAD-9).

Currently, foreign investors are required by law to meet strict minimum equity contributions before establishing businesses—thresholds that are even higher for trading companies and wholly foreign-owned enterprises. Under the planned reform, those restrictions will be lifted, allowing smaller investors with as little as $50,000 to set up in Ghana.

“With the reviewed GIPC Act, we are removing the minimum capital requirement. Whether you have $100,000 or $50,000, you can now enter Ghana’s market and do business,” President Mahama said.

The reform is expected to make Ghana more competitive and open opportunities for small- and medium-scale investors, complementing the government’s wider investment agenda. 

President Mahama highlighted that Japanese investment in Ghana has already surpassed $152 million, with global brands like Toyota and Honda assembling vehicles locally to serve Ghana and the wider West African market.

According to the President, the revised GIPC Act is just one part of a broader package designed to stimulate growth. Other measures include the government’s flagship 24-hour economy initiative and a $10 billion infrastructure programme to drive industrialisation, agro-processing, and exports.