A.2   Investment law

As a result of a more realistic and market determined exchange rate, privatisation of state-owned companies, liberalisation of trade and relaxation of controls, Ghana’s investment climate is very congenial to both local and foreign investors.

In response to the growing needs of these investors, Fugar & Company provides the necessary legal advice and services ranging from advising on Ghanaian investment law and procedures to project planning and documentation.

The Firm represents investors in obtaining the appropriate licences from the Ghana Investment Promotion Centre and other governmental agencies.

Fugar & Company has been instrumental in the setting up of major investment companies in Ghana. By providing expert advice, it has assisted in the following:

  • The setting up of a major cellular telecommunications network in Ghana.
  • The setting up in Ghana of a major explosives factory.  In this regard, the Firm drafted and reviewed various finance agreements under which loans were advanced for this purpose.
  • The setting up of company to operate a medical laboratory and to carry out clinical pathology, etc.
  • The setting up of a local subsidiary of a reputable world transport company involved primarily in the shipping and mercantile business. 
In addition to the above, the Firm has played a leading role in the setting up of other major companies involved in mining, leasing and finance, security services, hair products manufacturing and distribution, construction, television, film production and exhibition.