Ghana's Diaspora Cash Now Outpaces Foreign Investment as the Cedi Wobbles

Bank of Ghana Governor Johnson Asiama says remittances reached nearly US$7.8 billion in 2025 — about 6% of GDP — now exceeding foreign direct investment, and the central bank’s “Remit2Invest” push aims to channel those flows into investable capital rather than consumption. The cedi, which logged its first annual gain in 30 years on a gold rally, has softened in 2026, trading around 11.6–12.5 to the dollar at bureaus in early June and down roughly 3% over the month. For the Ghanaian diaspora, the message from Accra is explicit: your transfers are now the country’s most reliable external lifeline, and officials want a slice routed into bonds, property, and enterprise.

Source: Citi Newsroom; Bank of Ghana; Modern Ghana; The Voice of Africa.