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in Vaultz Business

GIPC Engages Brazil-Ghana Chamber to Boost Investment Flows

Silas Kafui Assemby Silas Kafui Assem
June 2, 2025
Reading Time: 4 mins read
Simon Madjie, Edinam Adjei-Sika, GIPC, Investment

GIPC CEO Simon Madjie, Edinam Adjei-Sika, President of the Brazil-Ghana Chamber of Commerce, And Representatives

The Ghana Investment Promotion Centre (GIPC) has confirmed ongoing discussions with a delegation from the Brazil-Ghana Chamber of Commerce aimed at enhancing bilateral investment flows, particularly in agriculture, infrastructure, and tourism. 

The meeting, led by Edinam Adjei-Sika, President of the Brazil-Ghana Chamber of Commerce, was hosted by GIPC CEO Simon Madjie in Accra. According to the GIPC, the talks focused on identifying key sectors with shared growth potential and encouraging strategic investments from Brazilian partners into Ghana’s economy. 

GIPC noted that both sides expressed strong interest in advancing cooperation through practical engagements, with special emphasis on strengthening economic ties and improving sector-specific investments.

The GIPC disclosed that the Brazilian delegation highlighted untapped opportunities in Ghana’s agricultural sector, singling out “cocoa and cashew” as priority areas. The delegation proposed the establishment of a “Cashew Board” in Ghana to help regulate and enhance the country’s cashew value chain, drawing inspiration from successful models elsewhere.

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GIPC CEO Simon Madjie

Acknowledging the delegation’s recommendation, the Centre reiterated Ghana’s readiness to support mechanisms that enhance efficiency and attract foreign investment in agriculture.

It added that the proposal aligns with Ghana’s “Agriculture for Economic Transformation” agenda, which seeks to modernize agriculture and improve productivity through private sector partnerships.

The visiting delegation also underscored the opportunity for Ghana to monetize its cultural heritage by promoting tourism from Brazil. The Chamber, according to GIPC, observed that the cultural similarities between the two nations offer a unique basis for heritage tourism, especially in areas linked to shared Afro-Brazilian ancestry.

“The potential for Ghana to attract more visitors from Brazil remains significant, particularly when tied to cultural history, festivals, and identity”

GIPC

It added that tourism was identified as a viable channel for both investment and people-to-people diplomacy that could help deepen bilateral understanding while contributing to Ghana’s economy.

Trade Missions and Long-Term Cooperation

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GIPC CEO Simon Madjie, Edinam Adjei-Sika, President of the Brazil-Ghana Chamber of Commerce, And Representatives

Responding to the proposals, GIPC CEO Simon Madjie affirmed the Centre’s support for expanded economic engagement with Brazil. He highlighted that trade and investment missions between the two countries would be undertaken to provide practical insights into mutual opportunities.

“The government’s Agriculture for Economic Transformation agenda provides a credible platform for Brazilian investors,” Mr. Madjie said. He noted that such platforms are intended to bridge the gap between local sector needs and international investment interests.

The Centre further stated that it welcomed the delegation’s call for collaborative initiatives and expressed confidence that sustained dialogue and action would yield measurable economic outcomes.

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GIPC emphasized that the visit formed part of a broader strategy to open Ghana to non-traditional markets and partners. It explained that engagements with countries like Brazil are essential to diversifying Ghana’s investment sources and tapping into complementary strengths.

“The Centre believes that ongoing engagements such as this are crucial to developing actionable pathways for trade and investment cooperation”

GIPC

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GIPC CEO Simon Madjie, Edinam Adjei-Sika, President of the Brazil-Ghana Chamber of Commerce, And Representatives

The statement added that the meeting was not just ceremonial but included practical steps to outline shared priorities and build frameworks for implementation.

The delegation also included Ms. Akua Apraku, Co-founder of Samba-Ghana, and a Trade Officer from the Brazilian Embassy in Ghana. GIPC confirmed that the presence of multiple stakeholders from Brazil underscored the seriousness of their commitment to long-term investment cooperation with Ghana.

As Ghana intensifies efforts to attract foreign direct investment to support national development, GIPC reiterated that partnerships based on mutual interest and sector alignment are key to achieving economic transformation.

The Centre expressed optimism that the proposals discussed would serve as a foundation for targeted projects that deliver impact in the near future.

READ MORE: Otumfuo Endorses GoldBod, Demands Tougher Action on Galamsey

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Tags: Brazil-Ghana Chamber of CommerceDiplomacyGhana Investment Promotion CentreGIPCinvestment
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