{"id":15591,"date":"2026-04-10T13:54:01","date_gmt":"2026-04-10T13:54:01","guid":{"rendered":"https:\/\/gnbcc.net\/?p=15591"},"modified":"2026-04-10T13:54:06","modified_gmt":"2026-04-10T13:54:06","slug":"parliament-passes-ghana-investment-promotion-authority-bill","status":"publish","type":"post","link":"https:\/\/gnbcc.net\/parliament-passes-ghana-investment-promotion-authority-bill\/","title":{"rendered":"Parliament passes Ghana Investment Promotion Authority Bill"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Parliament has passed the Ghana Investment Promotion Authority (GIPA) Bill during the 31st Sitting of the 1st Meeting of the 2nd Session of the 9th Parliament of the 4th Republic, marking a major milestone in the transformation of Ghana\u2019s investment landscape.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The passage of the Bill follows several years of stakeholder engagement and reflects a significant step in efforts to modernise Ghana\u2019s investment promotion framework in line with national development priorities, international obligations, and global standards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Bill provides a more modern, flexible, and robust legal framework for investment promotion, facilitation, and regulation in Ghana. It is expected to strengthen the country\u2019s investment regime, improve responsiveness to investor needs, and support a more transparent and efficient investment environment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among its key provisions, the new Bill designates the Authority as the national focal point for the Protocol on Investment under the African Continental Free Trade Area (AfCFTA), reinforcing Ghana\u2019s role as a gateway to regional and continental markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Bill also places a stronger emphasis on promoting inclusive growth by recognising the important role of Ghanaian investors and supporting the registration and scaling up of wholly Ghanaian-owned enterprises through improved access to incentives and facilitation services. At the same time, it seeks to attract high-quality foreign direct investment that contributes meaningfully to national development.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, the Bill incorporates principles of sustainable development, social inclusion, and environmental responsibility, with the aim of directing investment into projects that create long-term value, support local enterprise development, and promote technology transfer, skills development, and job creation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chief Executive Officer of GIPC, Mr Simon Madjie, described the development as a significant turning point in Ghana\u2019s investment story. \u201cThis Bill positions the Authority to respond more effectively to investor needs, promote greater transparency and accountability in investment facilitation, and support the attraction of quality investment into Ghana,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He added, \u201cBy prioritising local participation and sustainability-focused investments, we are positioning Ghana as a competitive destination that grows responsibly and leaves no community behind.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mr Madjie, on behalf of the Board and Management of the Centre, expressed appreciation to Parliament, the Committee on Public Administration and State Interests, the Leadership of the Budget Committee, the Committee on Trade, Industry and Tourism, the Ministry of Finance, the Ministry of Trade, Agribusiness and Industry, and all partners whose collaboration contributed to this legislative milestone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once assented to by the President, the new law is expected to strengthen the Authority\u2019s role in attracting and facilitating both domestic and foreign investment, improve the ease of doing business through more efficient administrative processes, enhance investor protections, and support clearer dispute resolution mechanisms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Click <strong><a href=\"https:\/\/ghanaiantimes.com.gh\/parliament-passes-ghana-investment-promotion-authority-bill\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\">here <\/a><\/strong>for source.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information, check the <strong>GHANA\u2019S INVESTMENT PROMOTION MEASURES AND THE GIPA ACT<\/strong> presentation below. Presented at the GNBCC Joint Business Breakfast Meeting.<\/p>\n\n\n\n<div class=\"wp-block-pdf-viewer-block-standard\" style=\"text-align:left\"><div class=\"uploaded-pdf\"><a href=\"https:\/\/gnbcc.net\/wp-content\/uploads\/2026\/04\/GNBCC-PRESENTATION.pdf\" data-width=\"\" data-height=\"\"><\/a><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Parliament has passed the Ghana Investment Promotion Authority (GIPA) Bill during the 31st Sitting of the 1st Meeting of the 2nd Session of the 9th Parliament of the 4th Republic, marking a major milestone in the transformation of Ghana\u2019s investment landscape.<\/p>\n","protected":false},"author":1,"featured_media":15592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[153],"tags":[],"class_list":["post-15591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-articles"],"jetpack-related-posts":[{"id":13542,"url":"https:\/\/gnbcc.net\/introducing-the-2025-gipc-bill\/","url_meta":{"origin":15591,"position":0},"title":"Introducing the 2025 GIPC Bill","author":"Michael Teye","date":"October 24, 2025","format":false,"excerpt":"The Ghana Investment Promotion Centre (GIPC) has introduced the Ghana Investment Promotion Authority Bill, 2025 (GIPA Bill), a new legislative framework aimed at strengthening Ghana\u2019s investment environment. The Bill seeks to enhance investor confidence, promote sustainable and responsible investment, support local businesses, and align Ghana\u2019s investment laws with international best\u2026","rel":"","context":"In &quot;GNBCC Updates&quot;","block_context":{"text":"GNBCC Updates","link":"https:\/\/gnbcc.net\/category\/gnbcc-updates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GIPC-Bill.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GIPC-Bill.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GIPC-Bill.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GIPC-Bill.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/10\/GIPC-Bill.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":17494,"url":"https:\/\/gnbcc.net\/ghana-investment-promotion-centre-gipc-now-an-authority\/","url_meta":{"origin":15591,"position":1},"title":"Ghana Investment Promotion Centre (GIPC) Now an Authority","author":"Paul N.","date":"July 24, 2026","format":false,"excerpt":"The Ghana Investment Promotion Centre (GIPC) has officially transitioned into the Ghana Investment Promotion Authority (GIPA) following the enactment of the Ghana Investment Promotion Authority Act, 2026 (Act 1173), marking a significant development in Ghana\u2019s investment promotion framework.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-24.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-24.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-24.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-24.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/ESQ-Elsie-24.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":15157,"url":"https:\/\/gnbcc.net\/invitation-joint-business-breakfast-meeting-on-ghanas-investment-climate-and-the-gipa\/","url_meta":{"origin":15591,"position":2},"title":"Invitation: Joint Business Breakfast Meeting on Ghana&#8217;s Investment Climate and the GIPA","author":"Grace Agorigo","date":"March 19, 2026","format":false,"excerpt":"The Ghana-Netherlands Business and Culture Council (GNBCC), in collaboration with the European Chamber of Commerce in Ghana (Eurocham), is pleased to announce an upcoming Business Breakfast Meeting. This strategic event is organized in partnership with the Ghana Investment Promotion Centre (GIPC), PricewaterhouseCoopers (PwC), and other bilateral chambers in Ghana.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/03\/BBF-Meeting-Thumbnail-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/03\/BBF-Meeting-Thumbnail-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/03\/BBF-Meeting-Thumbnail-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/03\/BBF-Meeting-Thumbnail-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/03\/BBF-Meeting-Thumbnail-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/03\/BBF-Meeting-Thumbnail-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":18683,"url":"https:\/\/gnbcc.net\/gipa-seeks-parliaments-backing-for-investment-reforms\/","url_meta":{"origin":15591,"position":3},"title":"GIPA Seeks Parliament\u2019s Backing for Investment Reforms","author":"Paul N.","date":"August 20, 2026","format":false,"excerpt":"GIPA has secured Parliament\u2019s support for investment reforms aimed at strengthening Ghana\u2019s investment climate, attracting quality investments and promoting greater local participation in the economy.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-38.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-38.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-38.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-38.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-38.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":18827,"url":"https:\/\/gnbcc.net\/govt-showcases-investment-opportunities-to-global-investors\/","url_meta":{"origin":15591,"position":4},"title":"Gov\u2019t showcases investment opportunities to global investors","author":"Paul N.","date":"August 27, 2026","format":false,"excerpt":"Ghana will showcase its investment priorities and opportunities across key sectors through a new Global Platform video series featuring President John Dramani Mahama and sector leaders. Produced by Oxford Business Group (OBG) in partnership with GIPA, the series will target international investors and decision-makers.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-42.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-42.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-42.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-42.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/08\/ESQ-Elsie-42.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":16402,"url":"https:\/\/gnbcc.net\/upcoming-webinar-technology-transfer-agreements-navigating-ghanas-new-enforcement-landscape\/","url_meta":{"origin":15591,"position":5},"title":"Upcoming Webinar: Technology Transfer Agreements \u2013 Navigating Ghana\u2019s New Enforcement Landscape","author":"Paul N.","date":"June 25, 2026","format":false,"excerpt":"The Ghana Netherlands Business & Culture Council (GNBCC), in partnership with KKGO, is pleased to invite members, business leaders, legal professionals, and industry stakeholders to an insightful webinar on Technology Transfer Agreements (TTAs) and the evolving regulatory environment governing their implementation in Ghana.","rel":"","context":"In &quot;GNBCC Members&quot;","block_context":{"text":"GNBCC Members","link":"https:\/\/gnbcc.net\/category\/gnbcc-members\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/06\/Tech-Transfer-Agreement-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/06\/Tech-Transfer-Agreement-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/06\/Tech-Transfer-Agreement-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/06\/Tech-Transfer-Agreement-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/06\/Tech-Transfer-Agreement-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/gnbcc.net\/wp-content\/uploads\/2026\/04\/News-24-scaled.jpg","_links":{"self":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/15591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/comments?post=15591"}],"version-history":[{"count":1,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/15591\/revisions"}],"predecessor-version":[{"id":15594,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/15591\/revisions\/15594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/media\/15592"}],"wp:attachment":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/media?parent=15591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/categories?post=15591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/tags?post=15591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}