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Ghana intensifies push for U.S. investment as Trade Mission lands in Accra

Ghana intensifies push for U.S. investment as Trade Mission lands in Accra

Ghana has ramped up its efforts to attract American investment and strengthen economic ties with the United States as government officials and business leaders from both nations converged on Accra for the U.S. - Ghana Chamber of Commerce Trade and Investment Mission.

According to a statement issued by the Public Relations and Communications Update of the Ministry of Trade, Agribusiness and Industry, the trade mission was a direct result of President Mahama’s recent visit to Philadelphia, Pennsylvania, where discussions were held to deepen economic cooperation between Ghana and the United States.

Speaking on behalf of President John Dramani Mahama, Deputy Minister for the Ministry, Sampson Ahi, explained that the mission represents an important milestone in efforts to translate the longstanding diplomatic ties between the two countries into a robust commercial partnership that will stimulate economic growth, attract investment, and create employment opportunities.

“This Trade Mission is the living expression of a commitment made at the highest levels of leadership, it is a belief that together, we can build enterprises, expand markets, create jobs and produce shared prosperity," he stated.

The Deputy Minister outlined that the mission seeks to strengthen trade and investment cooperation between Ghana and the United States by identifying opportunities in priority sectors including agriculture, agribusiness, manufacturing, logistics, fintech, tourism, renewable energy, infrastructure, mining and digital innovation.

He emphasized that Ghana remains one of Africa’s most attractive investment destinations due to its democratic stability, investor-friendly environment, strong legal framework and commitment to private-sector-led development.

Hon Ahi also highlighted the government's 24-Hour Economy Programme as a key policy initiative aimed at increasing productivity, expanding industrial output and creating employment opportunities across multiple sectors of the economy.

Pointing to Ghana’s strategic position as host of the African Continental Free Trade Area (AfCFTA) Secretariat, he described the country as a gateway to a continental market of more than 1.4 billion people.

“A U.S. business that invests in Ghana is not investing in Ghana alone; it is investing in Africa,” he said.

The Deputy Minister urged participants to focus on concrete outcomes, stressing that the success of the mission would be measured by investment commitments, export agreements, joint ventures, technology partnerships and signed memoranda of understanding.

Leader of the U.S. delegation, Karen Fegely, also underscored the importance of leveraging the longstanding friendship between Ghana and the United States to create new business opportunities and deepen economic cooperation.

She noted that the trade mission provides an important platform for businesses from both countries to establish partnerships, explore investment opportunities and strengthen commercial relations.

Ms. Fegely expressed confidence that the engagements scheduled throughout the mission would result in meaningful investments and mutually beneficial business ventures that would contribute to economic growth in both countries.

She reiterated the commitment of the American delegation to building sustainable business relationships that capitalize on the strong historical ties between Ghana and the United States.

Source: Vanessa Elizabeth Nkum

Posted by: Nana Ofori

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