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Ablakwa Pushes for Industrialisation as Ghana, South Korea Deepen Investment Ties 

Foreign Affairs Minister Samuel Okudzeto Ablakwa has called for stronger industrialisation and value addition as Ghana deepens economic ties with South Korea. Speaking at the 2026 Korea-Africa Foreign Ministers’ Meeting, he highlighted planned investments in manufacturing, education and agriculture, including a Hyundai assembly plant and a new university, aimed at boosting jobs and economic growth.

George Asamoah
Jun 2, 2026

Africa’s push for value addition, industrialisation and job creation is shaping a new phase of economic cooperation with South Korea, Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has said, outlining a series of investment, manufacturing, education and technology initiatives expected to deepen bilateral relations between the two countries.

Speaking in the context of discussions at the 2026 Korea-Africa Foreign Ministers’ Meeting in South Korea, Ablakwa said Africa’s emerging leadership is focused on “value addition, industrialization, job creation” and securing “better returns on transactions” as the continent seeks partnerships that support long-term economic transformation.

He noted that South Korea, with its established reputation as a technology and manufacturing hub, is well positioned to support Africa’s development agenda through mutually beneficial collaboration in key productive sectors.

Ablakwa Pushes for Industrialisation as Ghana, South Korea Deepen Investment Ties 
Ghana’s Ambassador to the Republic of Korea, Kojo Choi, with Ablakwa

For Ghana, the minister disclosed that several bilateral initiatives are scheduled for implementation this year, including the establishment of a new university, the development of a West Africa Hyundai automotive manufacturing plant and the rollout of new solar-powered irrigation systems.

The planned investments are expected to strengthen Ghana’s industrial base, enhance agricultural productivity and create employment opportunities, particularly for young people.

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Ablakwa said Ghana and South Korea are already collaborating across the energy, agriculture, maritime, education, shipbuilding, roads and health sectors, with both countries seeking to expand cooperation into emerging areas of strategic importance.

He indicated that discussions have also advanced toward collaboration in artificial intelligence, energy development and the critical minerals sector as Ghana seeks to leverage technology and industrial partnerships to support economic growth.

Ablakwa Pushes for Industrialisation as Ghana, South Korea Deepen Investment Ties 

On mobility and trade facilitation, the minister revealed that negotiations on a visa waiver arrangement covering all categories of passports are “progressing very well,” following the successful conclusion of agreements for diplomatic and service passport holders.

In addition, Ablakwa highlighted growing diplomatic ties between Africa and the Republic of Korea, describing the relationship as a “mutually beneficial partnership” to create opportunities and deliver tangible benefits for citizens on both sides.

The minister further noted that Ghana and South Korea are preparing to commemorate 50 years of formal diplomatic relations next year, expressing optimism that expanding economic and technological partnerships will further strengthen bilateral ties.

Ablakwa co-chaired the ministerial meeting with South Korea’s Foreign Minister, Cho Hyun, where discussions focused on advancing Africa-Korea cooperation in trade, industrialisation, technology and sustainable development.

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