The Ghana Investment Promotion Centre (GIPC) has initiated discussions with a delegation from Al Mada, a leading Moroccan holding company owned by the monarchy, to explore expanding its operations into Ghana.
During a closed-door meeting on February 24, 2025, the delegation, led by Al Mada’s International Director, Mr. Yacine Marcil, expressed interest in key sectors such as telecommunications, infrastructure, mining, and energy.
GIPC’s CEO, Mr. Simon Madjie, provided insights into Ghana’s business environment and highlighted strategic opportunities for investment. He emphasized the potential in energy distribution, agribusiness value-chain development, telecommunications, and digital payment services.
Addressing concerns about investment security, Mr. Madjie reassured the investors that Article 20 of Ghana’s Constitution and the GIPC Act provide strong protections against expropriation. He also noted that as a signatory to the African Continental Free Trade Area (AfCFTA), Ghana is committed to safeguarding African investments.
He further assured the Moroccan delegation of GIPC’s full support, including facilitating partnerships with local businesses and guiding them through Ghana’s investment landscape.
During the meeting, Mawuli Ababio, Chairman and Managing Partner at PCM Capital Advisors, revealed that plans were underway to establish a Ghana-Morocco Business Chamber. He emphasized that this initiative would help Moroccan investors navigate the market and capitalize on emerging opportunities.
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