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In summary Foreign Direct Investment (FDI) in Ghana is much concentrated in the mining and oil and gas sector at the expense of the fundamental drivers of Ghana’s economy, therefore FDI becomes less impactful on Ghana’s economic growth.
Ghana’s attraction of foreign direct investment hinge on major factors mentioned earlier above.
For example, from 1980–1989 to 1990–1998, FDI to Sub-Saharan Africa (SSA) grew by 59 percent.
This compares disproportionately with high increase of 5,200 percent for Europe and Central Asia, 942 percent for East Asia and Pacific, 740 percent for South Asia, 455 percent for Latin America and Caribbean and 672 percent for all developing countries.
For instance, the inflows of FDI globally totaled $1,114 bn in 2009 (UNCTAD, 2011).