Trade Minister Urges Japanese Businesses to Increase Investment in Ghana as Gateway to Africa

Mrs. Elizabeth Ofosu-Adjare

The Minister for Trade, Agribusiness and Industry, Mrs. Elizabeth Ofosu-Adjare, has called on Japanese businesses to deepen their investments in Ghana, emphasising that the country is strategically positioned as a dependable gateway for companies seeking to expand across Africa.

Speaking at the Kansai Africa Business Forum in Osaka, Japan, the Minister noted that Ghana offers vast opportunities in key industries such as textiles, automotive, green industrialisation, and carbon financing.

“With the right partnerships, Ghana can emerge as a competitive force in high-quality textile and apparel exports to African and global markets,” Mrs. Ofosu-Adjare said.

She highlighted Ghana’s progress under the African Continental Free Trade Area (AfCFTA). The country already hosts vehicle assembly plants and is positioning itself as a leading automotive hub on the continent.

“As AfCFTA gains momentum, regional demand for vehicles and components is expected to grow rapidly. Opportunities exist for Japanese companies to establish a presence in Ghana, build supplier networks, and develop regional distribution hubs,” she reiterated.

The Minister emphasised Ghana’s commitment to driving sustainable industrial growth through renewable energy, waste-to-value initiatives, and low-carbon manufacturing.

“These initiatives will not only reduce emissions but also generate new revenue streams for investors,” she added.

Mrs. Ofosu-Adjare expressed optimism about the future of Ghana–Japan relations, stressing that Ghana is fostering a conducive business environment to attract Japanese investment.

“Ghana is open, eagerly prepared, and strategically positioned to be your most reliable partner in Africa,” she affirmed.

She added that Ghana looks forward to strengthening trade volumes with Japan and welcomes Japanese firms eager to explore opportunities in Africa’s fast-growing markets.

Judith Twumwaa, ISD

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