Ghana has reformed its investment laws with the passage of the Ghana Investment Promotion Authority (GIPA) Bill, 2026. Once assented to by the President, the law will replace the Ghana Investment Promotion Centre (GIPC) Act, 2013, and establish the Ghana Investment Promotion Authority (GIPA). ALN Ghana recently published a detailed update on the Bill's key changes and their practical implications for investors and businesses in, or expanding into, Ghana here.
The passage of the GIPA Bill represents a significant recalibration of Ghana’s investment regime, expressly aligned with the African Continental Free Trade Area (AfCFTA). Although a domestic reform, the Bill has clear continental relevance, including for East African Community (EAC) investors assessing how AfCFTA is shaping national investment frameworks.
This analysis examines the GIPA Bill through an AfCFTA lens, considers its relevance for Kenya's investment landscape, and highlights what EAC investors should know when approaching Ghana as a destination market or continental platform.
Ghana’s Investment Reform in the AfCFTA Context
The GIPA Bill replaces the GIPC Act, 2013 and establishes the Ghana Investment Promotion Authority (GIPA) with enhanced coordination and policy-facing functions. Notably, GIPA is designated as Ghana’s national focal point for the AfCFTA Protocol on Investment, signalling a deliberate effort to integrate domestic investment promotion with continental obligations.
This reflects a broader AfCFTA shift from investor-protection models toward investment facilitation, sustainable development, and regulatory coherence, strengthening institutional oversight while reaffirming the state's right to regulate in the public interest.
For EAC investors, the signal is clear: AfCFTA-aligned domestic regimes will increasingly demand coordination, transparency, and responsible investment conduct; not just capital.
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Read the full publication at ALN
