Trade Minister highlights Ghana as strategic hub for Africa’s 1.4bn consumer market

Elizabeth Ofosu-Adjare, Ghana’s Minister for Trade, Agribusiness and Industry, has promoted Ghana as a key entry point into Africa’s 1.4 billion-person market, encouraging Chinese investors to leverage the country’s role as headquarters of the African Continental Free Trade Area Secretariat.

Addressing participants at the Ghana-China Investment Forum held in Jinan on Thursday, May 21, 2026, the minister described Ghana as a secure and rewarding destination for industrial growth and sustainable business collaborations.

She explained to investors and business executives that Ghana’s strategic location and trade connections provide businesses with easy access to the broader African market, including the over 400 million consumers within the ECOWAS sub-region.

According to the ministry, the minister also underscored Ghana’s advantage as host nation of the AfCFTA Secretariat, which gives investors access to a continental market of more than 1.4 billion people.

Mrs. Ofosu-Adjare further highlighted a series of economic reforms being implemented under the administration of John Dramani Mahama to drive industrial expansion and increase value addition.

She stated that the newly enacted Ghana Investment Promotion Authority Act 2026 has abolished minimum capital requirements for foreign businesses and reduced the time needed for investment approvals in an effort to make business operations easier.

The minister cited the success of several Chinese firms operating in Ghana, including Sentuo Group, KEDA, Sunda, and Zonda Tec, saying their achievements reflect Ghana’s increasing attractiveness as an industrial destination.

She noted that Sentuo Group has emerged as one of Africa’s leading Chinese investment success stories, creating thousands of jobs for Ghanaians in industries such as steel production, ceramics, recycling, and oil refining.

Mrs. Ofosu-Adjare also commended KEDA and Sunda for setting up the Twyford Ceramics factory, which exports products to West Africa, Europe, and the Americas while relying heavily on locally sourced raw materials.

She additionally praised Zonda Tec for contributing to the growth of Ghana’s automobile sector through vehicle assembly and electric vehicle manufacturing.

The minister identified agro-processing, pharmaceuticals, textiles, recycling, green manufacturing, vehicle assembly, and digital technology as some of the sectors offering strong investment potential.

She further announced the establishment of the China-Ghana Trade and Investment Promotion Centre in Jinan to assist Chinese companies interested in exploring opportunities in Ghana.

Mrs. Ofosu-Adjare concluded by assuring investors that Ghana remains prepared, secure, and profitable for business, while encouraging them to invest in the country’s industrial and manufacturing industries.

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