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Ghana Seeks Deeper Trade Ties with China to Boost Industrial Growth, Investment

Mahama’s “Reset Agenda” gains momentum as Ghana seeks Chinese investors to drive industrialization and expand market access under AfCFTA

Ghana Seeks Deeper Trade Ties with China to Boost Industrial Growth, Investment
Trade, Agribusiness and Industry Minister Elizabeth Ofosu-Adjare
Isaac Kofi Tsoenamawu
Oct 16, 2025

Ghana is moving to deepen its economic partnership with China as part of President John Dramani Mahama’s strategy to accelerate industrial expansion and attract long-term investment under his “Reset Agenda.”

Speaking at the Ghana–China Presidential Investment Forum in Beijing, Trade, Agribusiness and Industry Minister, Elizabeth Ofosu-Adjare said China remains a “strategic ally” in Ghana’s plan to reposition itself as one of Africa’s most competitive and investor-friendly destinations.

“Ghana’s economy continues to experience renewed momentum and transformative progress, driven by President Mahama’s visionary leadership,” Ofosu-Adjare said. “The Resetting Ghana agenda reflects government’s ambition to propel the country into a new era of competitiveness and opportunity.”

The Minister said the recent restructuring of the ministry to include agribusiness was designed to strengthen local production, promote value addition, and attract strategic investments in manufacturing and industry.

She highlighted China’s growing footprint in Ghana’s economy, praising companies such as GreenHouse Group, Sentuo Group, Zonda Tec Ghana, and Sunda International, whose subsidiaries, including Softcare and Twyford, have expanded operations across the country.

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According to Ofosu-Adjare, Sunda International’s Softcare sub-brand has started the process of listing on the Hong Kong Capital Market, describing the move as a “vote of confidence in Ghana’s stable and transparent business environment.”

She also commended Yang Yang, CEO of Zonda Tec Ghana, calling her “a shining example of women’s leadership and the potential of Sino-African collaboration.”

The Minister stressed on Ghana’s strategic advantage as a gateway to over 400 million consumers in ECOWAS and access to the $3.4 trillion African Continental Free Trade Area (AfCFTA) market.

“Ghana is ready to host your businesses, facilitate your success, and partner with you in resetting our nation, creating industries, jobs, and prosperity that will endure,” she told the Chinese business community.

Ofosu-Adjare welcomed China’s zero-tariff treatment for 100% of tariff lines from African countries, saying the initiative will expand market access for Ghanaian exports. She assured investors that Ghana is implementing stronger aftercare and grievance mechanisms to protect foreign businesses and promote investor confidence.

“Ghana is building a competitive investment climate to support and protect businesses while ensuring fair returns,” she said.

The forum forms part of President Mahama’s broader effort to leverage strategic partnerships to accelerate industrialization, strengthen trade relations, and position Ghana as a key player in Africa’s economic transformation.

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