Deputy Minister of Ghana for trade and industry, Michael Okyere Baafiinvited Indian businesses to invest in key sectors such as agriculture, manufacturing, technology and infrastructure in Ghana. Speaking at the ASSOCHAM Commonwealth Champions Conference in New Delhi, Baafi highlighted India’s important role in the development of Ghana and the wider Commonwealth community, which represents nearly a third of the world’s population.
Baafi emphasized Ghana’s readiness to work with Indian investors, particularly in sectors critical to economic development. He pointed out that the reduction of trade barriers within the Commonwealth is essential to facilitate smoother market access and the flow of tools and services. The minister also highlighted the importance of capacity building and technology transfer to enhance the competitiveness of Ghanaian industries.
“We are looking for greater partnerships in agriculture, manufacturing and information technology to strengthen our industrial base,” Baafi said, encouraging deeper ties between India and Ghana. He also urged trading partners to support Africa in developing transport, energy and digital infrastructure, which he identified as vital to unlocking the Commonwealth’s full potential.
Education and skills development are also priorities for Ghana. The Minister expressed interest in expanded partnerships in education through scholarships, vocational training and programs that empower Ghanaian youth with relevant skills. He noted that such partnerships could play a pivotal role in the socio-economic progress of the nation.
Ghana remains a vital trading partner for India in Africa, with bilateral trade reaching $2.87 billion in 2022-2023. India is a leading investor in Ghana, ranking as the third largest, with investments in various sectors including pharmaceuticals, construction, manufacturing, agriculture and tourism.
Baafi’s invitation and the ongoing partnership between India and Ghana reflect the strong bilateral relationship and potential for future growth in trade and development.