Ghana’s dynamic economy and welcoming policies have attracted foreign investors from around the world. These success stories not only highlight individual achievements but also showcase Ghana’s potential as a booming investment hub.

1. Tullow Oil: Striking Black Gold

British company Tullow Oil made headlines in 2007 with its significant oil discovery off the coast of Ghana. The Jubilee oil field has since become one of Tullow’s primary assets, producing a significant portion of Ghana’s oil.

• Impact: Tullow’s investment has brought in billions in revenue for Ghana and has significantly boosted the country’s energy sector.
• Learn more about Tullow Oil’s journey in Ghana

2. MTN: Connecting Ghana

South African telecom giant MTN ventured into Ghana in the early 2000s. Recognizing the potential of the Ghanaian market, MTN expanded rapidly, investing heavily in infrastructure and marketing.

• Impact: Today, MTN commands a substantial share of Ghana’s telecom market, offering a range of services from mobile connectivity to mobile money. Their presence has bolstered Ghana’s digital economy and connectivity.
• Discover MTN’s impact in Ghana

3. Kosmos Energy: Powering Prospects

An American oil company, Kosmos Energy, played a significant role in discovering the offshore Tano Basin, which contains the massive Jubilee oil field, alongside Tullow.

• Impact: This discovery has attracted other major players to Ghana’s oil sector, spurring growth and providing significant foreign investment inflows.
• Dive deep into Kosmos Energy’s operations in Ghana

4. Olam: Sowing Seeds of Growth

Olam, a global agri-business company based in Singapore, recognized Ghana’s agricultural potential early on. They began their journey by investing in cashew processing and subsequently expanded into other sectors.

• Impact: Olam now operates across various agricultural sectors in Ghana, including cocoa, cashew, and grains, supporting thousands of jobs and playing a pivotal role in boosting Ghana’s agri-export.
• Explore Olam’s expansive role in Ghana

5. Shoprite: Retail Revolution

South African retail chain Shoprite made its entry into Ghana in the early 2000s. Betting on the burgeoning middle class and evolving retail landscape, they expanded aggressively.

• Impact: With multiple outlets across the country, Shoprite has set the benchmark for modern retail in Ghana, offering a mix of local and international products, and elevating the shopping experience.
• Discover Shoprite’s retail footprint in Ghana

6. Newmont Mining: Unearthing Riches

One of the world’s leading gold companies, the American corporation Newmont Mining established its presence in Ghana in 2006. With mines in both the Ahafo and Akyem regions, they’ve invested heavily in not just extraction but also community development and environmental conservation.

• Impact: Beyond gold extraction, Newmont’s operations have led to infrastructure development in their operational areas, local employment opportunities, and extensive community engagement programs.
• Learn about Newmont’s contributions in Ghana

7. Standard Chartered Bank: Banking on Ghana’s Growth

Originating from the UK, Standard Chartered Bank has had a presence in Ghana for over a century. Recognizing the potential of Ghana’s growing economy, they’ve consistently invested in expanding their services and footprint in the country.

• Impact: Standard Chartered has played a pivotal role in financing critical sectors in Ghana, offering a wide range of banking services and contributing to the country’s financial landscape’s modernization.
• Discover the bank’s history and services in Ghana

8. Vivo Energy: Fueling the Future

With its roots in the Netherlands, Vivo Energy became the licensee of Shell-branded fuels and lubricants in Ghana. They have significantly expanded the retail network and introduced innovative offerings.

• z Impact: Beyond just fuel, Vivo Energy has ventured into convenience retailing in partnership with local and international retailers, elevating the refueling experience for Ghanaians.
• Get insights into Vivo Energy’s innovations in Ghana

9. Movenpick Ambassador Hotel: Redefining Luxury

The Swiss hotel chain, Movenpick, opened the luxurious Ambassador Hotel in Accra, providing top-notch hospitality services that attract both international tourists and business travelers.

• Impact: The hotel has boosted Accra’s profile as a prime destination for international conferences and events. It’s also provided employment and fostered the growth of local supply chains for the hotel industry.
• Explore the luxurious offerings of Movenpick in Accra

10. Huawei: Digitizing Ghana

The Chinese tech giant, Huawei, made significant strides in Ghana’s tech landscape. Beyond selling devices, they’ve invested in digital infrastructure, training, and local tech initiatives.

• Impact: Huawei has played a role in digitizing various sectors of the Ghanaian economy and has trained numerous youths in digital skills, positioning Ghana as a tech-forward nation in West Africa.
• Learn about Huawei’s tech initiatives in Ghana