Ghana municipality targets investors with new business forum
Translated from English, summarized and contextualized by DistantNews.
At a glance
- The Korle Klottey Municipal Assembly in Ghana launched its first Business and Investment Forum to attract investors.
- The forum aims to position the municipality as a prime business destination and promote sustainable economic growth.
- The assembly reported a significant increase in internally generated funds, enabling development projects.
The Korle Klottey Municipal Assembly (KoKMA) in Accra has launched its inaugural Business and Investment Forum, aiming to establish the municipality as Ghana's top location for business and investment. The event, organized with key stakeholders, seeks to foster inclusive and sustainable economic growth.
The forum would serve as an annual platform for stakeholders to assess investment opportunities, build partnerships and track the municipalityโs economic transformation.
During the forum, the Korle Klottey Business and Investment Guide 2026 and the Sustainable Development Goals Voluntary Local Review Report 2025 were unveiled. Municipal Chief Executive Alfredos Nii Anyetei Gaisie highlighted the forum's role as an annual platform for assessing investment opportunities and building partnerships. He emphasized KoKMA's strategic importance as Ghana's commercial and administrative hub, noting its hosting of the African Continental Free Trade Area (AfCFTA) Secretariat.
Korle Klottey occupied a strategic position within Ghanaโs economic landscape as the countryโs commercial, financial and administrative hub, hosting major financial institutions, diplomatic missions, hospitality facilities, vibrant markets and the central business district.
The assembly is aligning with the government's economic agenda, including the 24-hour economy policy, to boost productivity and create jobs. Gaisie also reported significant improvements in revenue collection, with internally generated funds (IGF) rising from GHยข14.7 million in 2023 to GHยข40 million by the end of 2025. This financial growth has enabled the assembly to fund key development projects, such as market redevelopment and infrastructure improvements, with nearly 80% of interventions financed by IGF.
the municipality also hosted the Secretariat of the African Continental Free Trade Area (AfCFTA), placing it at the heart of Africaโs emerging economic transformation.
Originally published by Ghanaian Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.