The Ghana Investment Promotion Centre (GIPC), has launched a 24-hour premium service designed to expedite key investment-related processes.
This initiative, aims to enhance the ease of doing business in Ghana and strengthen the country’s position as an attractive investment destination.
Launching the 24-hour premium service in Accra, GIPC’s Chief Executive Officer (CEO), Simon Madjie, stated that the initiative would enhance efficiency in processing investor applications and improve service delivery.
He reiterated that the 24-hour premium service, is designed to enhance the ease of doing business in Ghana and strengthen the country’s position as an attractive investment destination.
Mr Madjie, stressed that the new service will streamline the registration of investments, processing of renewals, and issuing and renewing automatic quotas, all within a 24-hour timeframe.
He noted that the countdown begins once the Investor Services Department confirms that all required documentation is complete, an invoice has been issued, and payment has been received.
Mr Madjie, emphasised that the service aligns with Ghana’s broader “24-hour economy” agenda, which seeks to create a dynamic environment for economic recovery.
“This initiative sends a clear message that Ghana is open for business. By eliminating delays, we prioritise efficiency, transparency, and responsiveness as key pillars for investor confidence,” he stated.
The CEO, highlighted the service’s alignment with the African Continental Free Trade Area (AfCFTA) protocol on investment, which advocates streamlined visa processes, permits for foreign workers, and simplified administrative procedures.
“These enhancements not only support business continuity but also position Ghana as a competitive player in the global market,” he added.
Mr Madjie also noted that this initiative complements ongoing efforts to review the GIPC Act to reflect current market dynamics.
“We are excited about this new 24-hour service and confident that, coupled with our legislative reforms, it will significantly enhance foreign direct investment, encourage reinvestment by existing businesses, and stimulate increased investment from local enterprises,” Mr Madjie noted.
The Acting Head of Investor Services of GIPC, Kwame Kesse-Agyepong, provided more details on the service, explaining that it covers investor registrations, certificate renewals, and automatic and replacement quotas.
He clarified that the premium service is available only upon request, requiring investors to have all mandatory documents in order and complete the necessary payment.
“The clock starts ticking once we confirm that all submitted documents are in order,” Mr Kesse-Agyepong stated in response to a question on the service’s turnaround time.
He added that applications for the 24-hour premium service could be submitted in person or via a dedicated email: expinvest.services@gipc.gov.gh.
Mr Kesse-Agyepong, encouraged investors and businesses to leverage GIPC’s offerings, including the new 24-hour premium service, to establish operations seamlessly in Ghana.