Ghana's Trade, Agribusiness and Industry Minister, Elizabeth Ofosu-Adjare, reaffirmed the nation's readiness for strategic partnerships at the inaugural London-Africa Business Summit. The Minister announced Ghana's economy expanded by 6% in 2025. She also noted declining inflation and improved key fiscal indicators.
Speaking on behalf of President John Dramani Mahama in London on June 4, 2026, Minister Ofosu-Adjare positioned Ghana as an attractive investment gateway. She highlighted Africa’s projected 4.3% GDP growth in 2026. This growth is driven by its youthful population, expanding digital economy, and growing consumer market.
This push for investment aligns with Ghana's post-pandemic economic recovery and broader industrialisation goals. The nation aims to increase domestic processing in key sectors like cocoa and gold. Ghana's focus on value addition responds to long-standing calls for greater local beneficiation of its raw materials. This strategy helps to create more jobs and boost export earnings.
Minister Ofosu-Adjare cited that Africa remains one of the world's most attractive investment destinations. She pointed to the African Continental Free Trade Area (AfCFTA), which connects 55 countries. This vast market represents 1.4 billion people with a combined GDP of US$3.4 trillion. AfCFTA offers investors unparalleled access to an integrated African market.
The Minister also detailed the robust trade relationship between Ghana and the United Kingdom. Bilateral trade between the two nations reached £1.6 billion in 2025. British investments in Ghana stood at £1.8 billion across 671 projects. These figures underscore the significant and growing economic ties between Ghana and the UK.
The recently signed UK-Ghana Growth Partnership 2026–2028 further solidifies this relationship. This partnership includes a £101 million investment for a ship repair and dry-docking facility at Takoradi Port. This project represents a significant step towards expanding infrastructure and strengthening economic cooperation.
Ghana’s commitment to leveraging the expertise of the African diaspora was also a key theme. Minister Ofosu-Adjare praised their contributions to sectors such as fintech, education, and creative industries. Ghana seeks partnerships based on co-investment, shared value, and mutual accountability.
Global investors will closely watch Ghana's continued economic performance and policy implementation. The government's ability to maintain fiscal discipline, control inflation, and attract foreign direct investment will be crucial. The success of the Takoradi Port project and other infrastructure initiatives will also signal Ghana’s attractiveness as an investment hub. These factors will influence market confidence and future capital inflows. Ghana's readiness to engage with global partners positions it for sustained economic advancement.