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.
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 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:myjoyonline.com
