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You are here: Home / cat / Trade Minister Backs Ghana Manufacturing and Export Growth

Trade Minister Backs Ghana Manufacturing and Export Growth

Dated: February 9, 2026

Elizabeth Ofosu-Adjare, Ghana’s Minister for Trade, Agribusiness and Industry, has pledged increased government support for local manufacturers, emphasizing their essential role in strengthening the national economy.

On Friday, February 6, 2026, Ofosu-Adjare, accompanied by Deputy Minister Sampson Ahi, visited Kasapreko PLC and Guinness Ghana Ltd to meet management teams and gain firsthand insight into the challenges facing the beverage sector.

At Kasapreko, Managing Director Richard Adjei welcomed the delegation and highlighted the company’s 36-year history in producing alcoholic and non-alcoholic beverages. He commended government reforms that have stabilized the economy, including reduced borrowing costs, duties, and some taxes, and the extension of export proceeds repatriation from 60 to 120 days, which has improved liquidity. Adjei also raised concerns about competition from imports, logistical bottlenecks at borders, non-tariff barriers, and limited water supply, calling for urgent government intervention to support local production.

In response, Ofosu-Adjare assured that the government would collaborate with the Ghana Water Company and relevant agencies to secure adequate water supply. She also pledged to engage regulatory bodies to address trade documentation issues and non-tariff barriers.

At Guinness Ghana Ltd, Managing Director Frédéric Ferraille described the visit as an important opportunity to strengthen collaboration between the government and the company. Ofosu-Adjare encouraged local businesses to expand production and leverage national initiatives such as the Accelerated Export Development Programme and the 24-hour economy policy to create jobs and stimulate economic growth.

She further urged importers to prioritize local manufacturing where domestic capacity exists, noting that increased local production not only strengthens the economy but also reduces pressure on ports and supply chains.

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