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FDIs: Ghana places 10th in Africa – Bridgewater Advisors

FDIs: Ghana places 10th in Africa – Bridgewater Advisors

Ghana placed 10th in Africa with the largest Foreign Direct Investments in 2021 and 2022, Bridgewater Advisors has revealed.

According to the transactional advisors, the country recorded $1.5 billion in FDIs in 2022, lower than the $2.4 billion recorded in 2021.

However, in the first half of this year, the nation bagged $275 million in value as foreign investments.

$230 million out of that were FDIs.

China was the largest destination in terms of FDIs to Ghana.

The manufacturing and services sectors were the sectors that registered the largest FDIs in the country during the period under review.

FDIs: Ghana places 10th in Africa – Bridgewater Advisors

In terms of employment, a total of 6,247 jobs were created.

Meanwhile, Egypt placed 1st with the biggest FDIs to Africa in 2022.

It was followed by South Africa in the 2nd position, whilst Ethiopia was 3rd.

COUNTRIES POSITIONS
Egypt 1st
South Africa 2nd
Ethiopia 3rd
Senegal 4th
Morocco 5th
Mozambique 6th
Congo DR 7th
Cote d’lvoire 8th
Uganda 9th
Ghana 10th

Source: Ghana News

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