Ghana is seeking to deepen trade and investment ties with India, with President John Dramani Mahama highlighting opportunities in rail infrastructure and pharmaceuticals as the two countries look to expand their economic partnership.
Mahama met India’s External Affairs Minister Subrahmanyam Jaishankar at the Presidency on Tuesday, with discussions focused on expanding bilateral commerce and investment, including partnerships that could increase local pharmaceutical production and rail-sector development.
“In the area of trade, we are already doing quite well. Our exports to India have increased from just about US$ 3 billion to almost US$ 7 billion, driven mainly by goods exports,” Mahama said.
The president also pointed to imports of agricultural machinery and automobiles from India, including buses, describing the trade relationship as one that provides benefits to both economies.
Ghana is particularly seeking investment in pharmaceutical manufacturing as part of efforts to strengthen domestic production and reduce reliance on imported medicines. Mahama said the country is open to partnerships that can support local drug manufacturing, linking the policy to the Accra Reset agenda and its emphasis on health sovereignty.
“There are already positive signals. Currently, one of our major pharmaceutical companies, Atlantic Life Sciences, is from India and they are working closely with an indigenous company, KinaPharma, in developing vaccines for Ghana,” Mahama said.
The talks also highlighted infrastructure cooperation, including the Tema-Mpakadan Railway Line, which Mahama cited among tangible outcomes of Ghana-India relations.
He also pointed to the Ghana-India Kofi Annan Centre for ICT and the Jubilee House, which he said was financed and built by an Indian company during Ghana’s Jubilee year celebrations, as examples of India’s contribution to the country’s development.
Jaishankar’s visit follows Indian Prime Minister Narendra Modi’s visit to Ghana in July 2025, which Mahama said helped strengthen bilateral cooperation.
The Indian minister conveyed greetings from Modi and President Droupadi Murmu and said the two governments now want to turn their broader partnership into more concrete areas of cooperation.
“And in fact, he is urging us that the comprehensive partnership that you and he decided upon was the task of the Foreign Ministers to give it more concrete shape to explore new possibilities and avenues for cooperation,” Jaishankar said.
The discussions also covered the changing global order, including calls for a multilateral system that rejects unilateralism and what Mahama described as the abuse of nations.
The meeting was attended by Chief of Staff Julius Debrah, Foreign Affairs Minister Samuel Okudzeto Ablakwa and other government officials.
The talks underscore Ghana’s effort to attract foreign capital and deepen economic partnerships beyond traditional trade, while India seeks to expand commercial and strategic ties with African economies.
