President Mahama Launches Ghana–Singapore Deal Team to Unlock $100M Investment Pipeline

In a bold move to deepen South-South cooperation and attract strategic capital, President John Dramani Mahama has unveiled a Ghana–Singapore deal team tasked with securing at least $100 million in new investment commitments over the next 12 months. The announcement came during the Ghana–Singapore Business Dialogue held in Singapore on August 21, 2025, signaling a renewed push to position Ghana as a gateway to African markets.

The newly formed deal team will be co-led by Simon Madjie, CEO of the Ghana Investment Promotion Centre (GIPC), and a senior executive from Enterprise Singapore, Singapore’s lead agency for enterprise development. The team includes representatives from the Ghana Infrastructure Investment Fund, the Public-Private Partnership Unit at the Ministry of Finance, key sectoral ministries, and the Ghana High Commission in Singapore.

President Mahama emphasized the urgency and clarity of the mission: “The performance indicators for the team is to deliver at least USD 100 million in new investment pipeline commitments within the next 12 months,” he stated.

100-Day Action Plan

The initiative is anchored in a 100-day action plan designed to accelerate investor engagement and project conversion:

Within 14 days: Share project data packs, draft term sheets, and de-risking instruments with shortlisted investors.

Within 45 days: Host technical workshops focused on power, logistics, and industrial platforms, involving off-takers, regulators, and financiers.

Within 100 days: Facilitate investor site visits in Ghana to convert expressions of interest into non-binding term sheets.

A high-level Ghana–Singapore business mission is also slated for Accra within the year, culminating in a deal summit to finalize MOUs and close priority transactions.

Mahama outlined ten flagship projects aimed at attracting Singaporean capital, including:

Expansion of the Greater Accra Industrial Platform

Development of a pharma and medical supplies cluster in Tema

Investment in e-mobility infrastructure and smart fleet systems

Utility concessions for warehousing and packaging

Transformation of the Lake Volta corridor into a tourism and logistics hub

These projects are designed to align with Singapore’s strengths in infrastructure, logistics, and smart city development.

Ghana’s positioning as a hub for the African Continental Free Trade Area (AfCFTA) is central to the pitch. With access to a market of 1.4 billion people and a combined GDP of $3.4 trillion, Mahama framed Ghana as the ideal launchpad for Singaporean firms seeking African expansion.

Singapore already has 69 registered firms in Ghana, with over $2 billion in cumulative investments, underscoring the potential for deeper economic ties. This initiative marks a significant pivot in Ghana’s investment diplomacy, blending infrastructure ambition with regional leverage.