Ghana has reaffirmed its position as a prime destination for investment and industrial growth at the Commonwealth Enterprise and Investment Council (CWEIC) Business Forum in London.
Speaking on the theme “Africa’s Next Chapter: Building Resilient, Diversified Economies,” on Monday, April 20, 2026, the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, highlighted Africa’s rising prominence in the global economic landscape, noting that the continent remains the world’s fastest-growing investment frontier, with increasing opportunities for strategic partnerships.
The Minister emphasised that Ghana is at the forefront of this transformation, pursuing deliberate policies aimed at shifting from raw material exports to value addition and industrialization.
She cited ongoing efforts to process at least 50% of Ghana’s cocoa locally and plans to expand gold refining capacity as part of a broader strategy to retain value within the economy.
She further underscored the strong performance of Ghana’s non-traditional exports, which reached a record US$5 billion in 2025, driven largely by processed and semi-processed goods.
This, she noted, reflects the country’s steady transition toward a more diversified and resilient economic structure.
Highlighting Ghana’s improving macroeconomic indicators, the Minister pointed to sustained economic growth, declining inflation, a strengthened external position, and significant fiscal consolidation as clear signs that the country has turned a corner and is on a firm upward trajectory.
The Minister also drew attention to Ghana’s strategic advantages, including its stable democratic governance, business-friendly legal framework, and its role as host of the African Continental Free Trade Area (AfCFTA) Secretariat, positioning the country as a gateway to a market of over 1.4 billion people.
She reiterated Government’s commitment to creating an enabling environment for investors, referencing recent policy reforms such as the Ghana Investment Promotion Authority Bill, which introduces incentives, strengthens investor protections, and enhances ease of doing business.
Hon. Ofosu-Adjare further extended an invitation to global investors and partners to participate in the upcoming Ghana-UK Investment Summit, encouraging them to take advantage of the vast opportunities Ghana and Africa present.
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Source:
opemsuo.com