Invitation: Joint World Bank-European Union event on business climate in Ghana


Invitation: Joint World Bank-European Union event on business climate in Ghana

The World Bank and the European Union Delegation to Ghana would link to invite all  interested GNBCC Members for a Joint WB-EU event on business climate in Ghana, 13 March 2023, Labadi Beach Hotel, Accra, Ghana (and online).

The global crisis stemming from the COVID-19 pandemic, the Russian invasion of Ukraine coupled with the ongoing economic crisis Ghana faces because of its distressed macroeconomic situation all have exacerbated challenges for private investment in Ghana. At the same time, changes in supply chain patterns, evolving cross-border economic relations, the Russian war of aggression against Ukraine and advances in the African Continental Free Trade Agreement (AfCFTA) have important implications for existing and prospective investors. Against the backdrop of these evolving developments, Ghana is facing an important reform agenda to ensure the retention of its existing investor base, while also facilitating new private investment. With ongoing discussion around revisions to the GIPC Act, there is also the legal space to include provisions that will support this agenda.


This one-day event will serve the double purpose of providing the international and domestic investors’ view on the current business environment and investment climate in Ghana. The first part of the event will offer details on the World Bank’s work to improve Ghana’s business environment / investment climate and feature a moderated panel session with international private sector investors in Ghana.


The second part of the event will be a workshop on inter-related topics:


(i)             business regulation and facilitation with a focus on how a bottom-up approach can help drive the regulatory reform agenda in a low-data context, and


(ii)           the legal framework for investment facilitation and investment retention, including discussion of the GIPC Act.


The workshop will elaborate on good practice principles, international experience and foster discussion on how to propel reform in these areas in Ghana. The overall objective of such reforms in Ghana is to facilitate investment retention and growth.



9:00 – 9:30                                   Arrival and registration

09:30-10:00                             Welcoming remarks: WB Country Director,  EU Ambassador to Ghana and Ghana's Minister of Finance

10:00-10:30                                Overview presentation by WB on Ghana's investment climate and the Bank’s support on this agenda

10:30-11:00                                  Coffee Break

11:00-12.30                                  Panel discussion on business views on the investment climate in Ghana and ways to improve it.

12:30-14:00                                  Networking lunch

14:00-15:00                                  Supporting the regulatory reform agenda through a “bottom-up” approach: lessons learned for Ghana

15:00-15:30                                  Coffee Break

15:30-16:30                                  Investment facilitation and investment retention through reforms to the GIPC Act.

16:30-17:00                                  Conclusions


Both WB and the EU highly appreciate your interest to participate in the event.



Please send an e-mail to and we will forward you the registration link 




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