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In a powerful statement to the global financial community, President John Dramani Mahama rang the opening bell at the Nasdaq Stock Exchange, marking a pivotal moment in Ghana’s renewed push to attract international investment.
The event featured President Mahama’s image prominently displayed on the iconic Nasdaq billboard in Times Square, accompanied by the message: “Ghana is Open for Business.” The occasion set the stage for the U.S.-Ghana Executive Business Roundtable, co-hosted by the U.S. Chamber of Commerce and the Ghana Investment Promotion Centre (GIPC).
Held just ahead of the 80th United Nations General Assembly, the roundtable brought together top executives and investors from the fintech, manufacturing, and energy sectors. Discussions centered around Ghana’s recent economic reforms, designed to transform the country into one of Africa’s most attractive investment destinations.
Among the key reforms highlighted were:
- The removal of minimum capital requirements for foreign investors, aimed at eliminating entry barriers and encouraging wider participation.
- The launch of a residency-by-investment program, providing high-net-worth individuals with a pathway to live and invest in Ghana.
These initiatives are projected to attract $5 billion to $10 billion in foreign direct investment by 2028, bolstering the country’s long-term economic resilience and competitiveness.
President Mahama emphasized that these reforms are part of a broader strategy to position Ghana as a gateway to West Africa and a model for sustainable growth. In his upcoming address at the UN General Assembly, he is expected to advocate for global financial reforms and deeper economic integration across Africa.
As Ghana opens its doors wider to global capital, this moment at Nasdaq sends a clear message: the country is not only open for business but ready to lead Africa’s next economic chapter.
