Ghana Investment Promotion Centre
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Ghana Investment Promotion Centre
The Ghana Investment Promotion Centre (GIPC) is the Government of Ghana agency established to encourage, promote and facilitate investments in all sectors of the economy of Ghana except mining and petroleum which are handled by the Ghana Chamber of Mines and the Ghana National Petroleum Corporation. See also *Investment promotion agency An investment promotion agency (IPA) is most often a government agency (or occasionally a non-profit organization functioning similar to a chamber of commerce or business consulting corporation) whose mission is to attract investment to a country, s ... References Ministries and Agencies of State of Ghana {{Ghana-stub ...
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Government Of Ghana
The Government of Ghana was created as a parliamentary democracy, followed by alternating military and civilian governments in Ghana. In January 1993, military government gave way to the Fourth Republic after presidential and parliamentary elections in late 1992. The 1992 constitution divides powers among a president, parliament, cabinet, council of state, and an independent judiciary. The government is elected by universal suffrage. Government Political parties became legal in mid-1992 after a ten-year hiatus. There are more than 20 registered political parties under the Fourth Republic. The two main parties are the National Democratic Congress and the New Patriotic Party. The National Democratic Congress is the successor organisation to Jerry John Rawlings' Provisional National Defence Council which was in power from 1981 to 1992."Government and Politics". A Country Study: Ghana' (La Verle Berry, editor). Library of Congress Federal Research Division (November 1994). ''Thi ...
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Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and Togo in the east.Jackson, John G. (2001) ''Introduction to African Civilizations'', Citadel Press, p. 201, . Ghana covers an area of , spanning diverse biomes that range from coastal savannas to tropical rainforests. With nearly 31 million inhabitants (according to 2021 census), Ghana is the List of African countries by population, second-most populous country in West Africa, after Nigeria. The capital and List of cities in Ghana, largest city is Accra; other major cities are Kumasi, Tamale, Ghana, Tamale, and Sekondi-Takoradi. The first permanent state in present-day Ghana was the Bono state of the 11th century. Numerous kingdoms and empires emerged over the centuries, of which the most powerful were the Kingdom of Dagbon in the north and ...
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Ghana Chamber Of Mines
The Ghana Chamber of Mines (GCM) is the main minerals industry association in Ghana. The Chamber is a voluntary private sector employers association representing companies and organizations engaged in the minerals and mining industry. It was founded in 1928 and has its members accounting for over 90 percent of all of the country's mineral production. The Ghana Chamber of Mines Tertiary Education Fund (GCM-TEF) Aligned with its mission, the Ghana Chamber of Mines Tertiary Education Fund (GCM-TEF) was founded in October 2019, with the objective of cultivating the essential human resource foundation for the mining sector in Ghana. In its initial phase, the Fund is slated to receive a combined yearly allocation ranging from Four Hundred Thousand US Dollars ($400,000) to Four Hundred and Forty Thousand US Dollars ($440,000), contributed collectively by the Chamber's member companies engaged in production, contract mining, and explosive manufacturing. Over the initial five-year span, ...
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Ghana National Petroleum Corporation
The Ghana National Petroleum Corporation (GNPC) is the state agency responsible for the exploration, licensing, and distribution of petroleum-related activities in Ghana. History The corporation was established in 1983 to replace the Petroleum Department which was an agency under the Ministry of Fuel and power. The department was responsible for the importation of crude oil and petroleum products for the Ghanaian economy. The mandate for oil exploration was held to be the Technical Directorate of the Ministry of Fuel and Power and the Geological Survey Department. The corporation was created to promote the Government of Ghana's objective of supplying adequate and reliable petroleum for the country and the discovery of crude oil in the country's territories. Mandate The corporation was established as a state-owned company with the statutory backing of PNDC Laws 64 and 84. The laws mandated the corporation to engage in exploration, production and disposal of petroleum products. ...
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Investment Promotion Agency
An investment promotion agency (IPA) is most often a government agency (or occasionally a non-profit organization functioning similar to a chamber of commerce or business consulting corporation) whose mission is to attract investment to a country, state, region or city. They do this through the use of marketing activities by creating awareness about a location as an attractive destination for investment Generally, IPAs have four core functions: image building of FDI hosting country, investment generation, project management and aftercare services. While IPAs play an important role in attracting investment to developed countries some IPAs have additional advocacy function. The IPA does this by introducing investors with local suppliers (raw materials or other inputs); providing useful statistical data and business information such as macroeconomic indicators (GNP, GDP, HDI, inflation etc.), labor productivity, average wages, attractive sectors of domestic economy; practical support l ...
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