The European Union (EU) Ambassador to Ghana, Rune Skinnnebach, has called on Ghana to maintain its strong record of economic and political stability, emphasizing that such efforts are key to attracting more European investors and strengthening Ghana’s reputation as a top investment destination in West Africa.
Speaking at a Career Service Centre programme for young people at the Kwame Nkrumah University of Science and Technology (KNUST) on Thursday, May 14, 2026, Ambassador Skinnnebach highlighted Ghana’s current stability as a positive signal for investors. However, he cautioned that upholding investor confidence would require continued economic reforms and good governance, especially during election periods, when uncertainty can be heightened.
The ambassador warned that instability in the Sahel and neighbouring countries could pose risks to Ghana’s peace and security. Against this backdrop, he reaffirmed the European Union’s commitment to supporting Ghana’s democratic stability and ongoing development.
Ambassador Skinnnebach also underscored the importance of democratic freedoms, encouraging Ghanaians to use these rights to hold leaders and public institutions accountable.
He urged Ghana to leverage the EU’s Global Gateway Investment Package for Africa, which has mobilized 150 billion euros since 2022, to secure greater development financing and attract strategic investments. “This is a huge amount, of course. It’s a merger of traditional development financing, international financial institutions’ financing, and private sector investments,” he explained.
The ambassador pointed out that the European Union remains Ghana’s largest investor, top export market, and leading development partner. However, he stressed that continued investment would depend on Ghana’s ability to offer an attractive, stable business environment.
“It has to make sure that it has the required political and macroeconomic stability, that they have the business-friendly climate, that they have the functioning infrastructures, that make the legal frameworks, that makes itself attractive for European investors,” he stated. “If that is in place, then the European investors will come. If it’s in place, but not as good as in neighbouring countries, then the European investors will go to neighbouring countries.”
Ambassador Skinnnebach’s message was clear: Ghana’s future as a regional investment leader hinges on its commitment to stability, reform, and accountability.
Source: Apexnewsgh.com