Business

Ghana Seeks Indian Investments to Strengthen Key Sectors

• By Newsdesk
• New Delhi
• Apr 03, 2025

Business

Ghana has invited Indian private sector investors to explore opportunities in agriculture, pharmaceuticals, healthcare, renewable energy, telecom, and real estate, aiming to boost its economy and strengthen trade ties. The appeal was made on Friday by Acting High Commissioner of Ghana to India, Louis Kwame Obeng, during an address at the Bharat Chamber of Commerce (BCC) in Kolkata.

Highlighting Ghana’s strategic advantages, Obeng emphasized that investments in the country would grant businesses access to the broader West African market, including Nigeria. “Ghana is looking for investments in agriculture, pharmaceuticals, healthcare, renewable energy, telecom, digital infrastructure, and cybersecurity,” he stated, underscoring the nation’s openness to global partnerships.

Positioning Ghana as one of Africa’s most stable and peaceful nations, Obeng pointed out its rich natural resources, including gold, oil, bauxite, and manganese, as well as its status as the world’s second-largest cocoa producer. He reassured investors that the country has a robust legal framework to protect business interests and operates under a multi-party democratic system, fostering investor confidence.

While agriculture remains a dominant sector, its contribution to the nation’s GDP has been declining. Obeng urged Indian businesses to introduce modern farming techniques and technological advancements to enhance agricultural productivity.

BCC President Naresh Pachisia reinforced the potential for strengthened economic ties between the two nations, describing India and Ghana as natural trade partners with vast opportunities for collaboration across multiple sectors. The invitation from Ghana signals a significant opportunity for Indian businesses to expand their footprint in West Africa, leveraging the country’s strategic position and investor-friendly policies.