• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, May 7, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Vaultz Business

Global Partners Pledge Support For Ghana’s Industrial Reset

Silas Kafui Assemby Silas Kafui Assem
May 7, 2026
Reading Time: 5 mins read
Deputy Minister for Trade, Agribusiness and Industry, Hon. Sampson Ahi, with PSWG Development Partners

Deputy Minister for Trade, Agribusiness and Industry, Hon. Sampson Ahi, with PSWG Development Partners

The Ministry of Trade, Agribusiness and Industry (MoTAI) has engaged development partners under the Private Sector Working Group (PSWG) platform to accelerate Ghana’s industrial transformation. The Ministry convened a high-level session to harmonize policy actions and address regulatory bottlenecks that have hindered the competitiveness of the domestic private sector.

This engagement represents a critical synchronization between the state’s industrial “Reset” and the technical and financial capabilities of the international community, signaling a move away from fragmented interventions toward a unified, high-growth strategy.

“During the engagement, the Deputy Minister for Trade, Agribusiness and Industry, Hon. Sampson Ahi, on behalf of the Sector Minister, highlighted the Ministry’s strategic focus under the 24-Hour Economy and Accelerated Export Development Programme (24H+)”

Ministry of Trade, Agribusiness and Industry

The Private Sector Working Group serves as a strategic clearinghouse where the government and its partners, including the European Union and GIZ, can align their priorities. The dialogue was centered on the realization that the transition from a primary commodity exporter to a manufacturing powerhouse cannot be achieved in isolation.

It requires a stable, predictable regulatory environment and a massive influx of targeted investment. For MoTAI, utilizing the platform ensures that the reforms currently being implemented are not only effective domestically but also meet the international standards required to attract long-term global capital.

ADVERTISEMENT

The 24-Hour Economy and Accelerated Export Development Programme, or 24H+ policies, are the cornerstone of the government’s attempt to reposition the national economy. Hon. Ahi detailed how the 24H+ initiative serves as a productivity multiplier.

The government aims to maximize the utilization of industrial assets, thereby increasing output without necessarily requiring a proportional increase in capital expenditure on new factories, through the implementation of a three-shift system across the manufacturing sector.

Deputy Minister for Trade Agribusiness and Industry Hon. Sampson Ahi with PSWG Development Partners 2
Deputy Minister for Trade, Agribusiness and Industry, Hon. Sampson Ahi, with PSWG Development Partners

This shift is essential for Ghana to capture a larger share of the value chain, repositioning from a primary commodity exporter to a high-value manufacturing and export-led economy. Historically, the country has been vulnerable to the volatility of global commodity prices because it exports raw materials that are then processed elsewhere.

The 24H+ strategy seeks to reverse this trend by providing the infrastructure and security needed for factories to operate around the clock, producing finished goods that carry significantly higher margins. This is the reset in action – turning a daylight-dependent economy into a high-velocity industrial engine that competes on the global stage.

Feeding the Industry

With the narrative of industrialization inextricably linked to the success of the agribusiness sector, Hon. Ahi introduced the “Feed the Industry” initiative, which aims to create a seamless supply chain between Ghanaian farmers and the country’s manufacturing plants.

One of the primary reasons many local factories operate below capacity is the inconsistent supply of high-quality raw materials. He explained that formalizing the link between agriculture and industry will create a self-sustaining cycle where industrial demand drives agricultural productivity, which in turn provides the inputs for high-value exports.

The $10 billion target for non-traditional exports by 2029 is an ambitious benchmark that reflects the Ministry’s confidence in the 24H+ program. According to the Deputy Trade Minister, achieving this figure requires a radical expansion of the export portfolio, moving beyond gold and cocoa to include processed foods, light manufacturing, and textiles.

The textile and garment sector, in particular, was highlighted as a priority area for large-scale job creation. This sector has the “capacity to absorb a significant portion of the domestic labor force,” providing stable employment while producing goods that have a ready market in both the regional ECOWAS bloc and the wider international community.

Deputy Minister for Trade Agribusiness and Industry Hon. Sampson Ahi with PSWG Development Partners 1
Deputy Minister for Trade, Agribusiness and Industry, Hon. Sampson Ahi, with PSWG Development Partners

The Ministry was also transparent about the fact that this industrial leap requires more than just policy documents; it requires technical and financial support that is precisely targeted. The engagement with the Private Sector Working Group was used to underscore the need for assistance in areas such as market intelligence, skills development, and the digitization of trade processes.

ADVERTISEMENT

In an increasingly digital global economy, the ease of doing business is often determined by the speed of customs clearances and the transparency of regulatory compliance. The Ministry is pushing for comprehensive business regulatory reforms to ensure that Ghana remains an attractive destination for foreign direct investment.

“MoTAI engaged Development Partners to deepen collaboration and accelerate Ghana’s industrial and trade transformation agenda. Representatives from the EU, GIZ, among others, pledged their continued support to the Minister, especially on its key priority projects, reaffirming a commitment to sustained engagement to deliver impactful reforms”

Ministry of Trade, Agribusiness and Industry

The response from the international community was overwhelmingly positive. This support is expected to manifest in the form of long-term financing and the sharing of market intelligence, which will help Ghanaian exporters navigate the complex standards and regulations of foreign markets.

The discussion also touched upon the Green, Digital, and Inclusive Private Sector Development Project, which seeks to ensure that Ghana’s industrial growth is environmentally sustainable and socially equitable, aligning with global trends toward “green” manufacturing.

The engagement has effectively chartered a clear path forward for Ghana’s industrial sector, aligning the interests of the state with those of international development partners.

Hon. Elizabeth Ofosu Adjare Minister for Trade Agribusiness and Industry
Hon. Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness and Industry

The Ministry of Trade, Agribusiness and Industry is creating a formidable coalition for growth, to make moving from a primary exporter to a manufacturing-led economy no longer a distant aspiration but a targeted operational goal with clear benchmarks and a defined timeline.

The success of the Feed the Industry initiative and the $10 billion export target will now depend on the speed with which these collaborative frameworks can be translated into on-the-ground reality.

READ ALSO: Ghana Demands Continental Action Against Xenophobic Attacks

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: 24-Hour EconomyAccelerated Export Development ProgrammeAgribusiness and IndustryMinistry of TradeMoTAIPrivate Sector Working GroupPrivate Sector Working Group PlatformPSWG Platform
ShareTweetShareSendSend
Please login to join discussion
Previous Post

UK Cracks Down on Illegal Medicines Trade in £4.6m Seizure Operation

Next Post

Courtrooms, Not Press Conferences, Must Deliver Justice — Godfred Dame

Related Posts

Vice President Professor Jane Naana Opoku-Agyemang
Vaultz Business

Vice President Declares Digital Independence for African Markets at 3i Summit 2026

May 6, 2026
Hon. Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness and Industry, with Moroccan Authorities
Vaultz Business

New Industrial Alliance Connects Accra To Rabat Markets, Challenges Trade Imbalances

May 6, 2026
Screenshot 20260506 084121 Chrome
Vaultz Business

GoldBod Jewellery Invites Partners for Nationwide Expansion

May 6, 2026
President John Dramani Mahama
Vaultz Business

Raffles London to Host Ghana’s Aggressive Multi-Billion Push

May 5, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

British Ambassador to Cambodia, Dominic Williams with  Dr. Ly Thuch, Senior Minister and First Vice President of the Cambodian Mine Action Authority

UK Expands Long-Term Mine Clearance Support in Cambodia

May 7, 2026
Godfred Dame

Courtrooms, Not Press Conferences, Must Deliver Justice — Godfred Dame

May 7, 2026
Deputy Minister for Trade, Agribusiness and Industry, Hon. Sampson Ahi, with PSWG Development Partners

Global Partners Pledge Support For Ghana’s Industrial Reset

May 7, 2026
Sudan Medical Supplies 83

UK Cracks Down on Illegal Medicines Trade in £4.6m Seizure Operation

May 7, 2026
South Korean Prime Minister, Han Duck-soo.

Han Duck-soo’s Prison Term Reduced To 15 Years

May 7, 2026
Next Post
Godfred Dame

Courtrooms, Not Press Conferences, Must Deliver Justice — Godfred Dame

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address