Nigeria Emerges as Key Investor in Ghana’s Economic Landscape

Accra: Nigeria emerged as Ghana's third-largest source of new investments in 2025, contributing approximately US$104.68 million to the country's investment inflows. This noteworthy contribution is highlighted in the 2025 Foreign Direct Investment (FDI) Report, which states that Ghana attracted more than US$2.6 billion in foreign direct investment across 254 projects during the year, with Nigeria accounting for a significant portion of these new investments.

According to Ghana Web, Ghana's High Commissioner to Nigeria, Baba Sadiq Abdulai Abu, has expressed a commitment to enhancing Nigeria's role in Ghana's investment sector as part of the 'Ghana in Nigeria' agenda. This pledge was made following a meeting with Simon Madjie, the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), ahead of Sadiq's visit to Abuja.

The discussions focused on boosting economic and commercial cooperation between Ghana and Nigeria, emphasizing investment promotion, trade, and opportunities for businesses from both nations. The High Commissioner noted that the current investment figures reveal significant potential for growth in Ghana-Nigeria economic relations.

Sadiq stated, "These numbers point to an even greater opportunity. Strengthening economic diplomacy will be a key priority for Ghana in Nigeria." The agenda under the 'Ghana in Nigeria' initiative aims to collaborate closely with GIPC and other stakeholders to attract more Nigerian investments into Ghana, enhance bilateral trade, and create robust opportunities for Ghanaian businesses to thrive in the Nigerian market.

The strategy seeks to transform the Ghana High Commission into a conduit for connecting businesses, investors, and institutions across both markets, beyond its diplomatic role. Baba Sadiq emphasized the ambition to convert the longstanding political and cultural ties between Ghana and Nigeria into stronger economic partnerships and mutual prosperity, stating, "Our two countries already share a strong relationship. The opportunity before us is to build an even stronger economic partnership."

These comments were shared by the High Commissioner in a social media update following his meeting with the GIPC CEO.