Accra, Ghana – Ghana has launched the Africa Trade Summit 2026, calling for African nations to accelerate industrialization, expand value addition, and build resilient trade systems. Speaking at the event, Minister for Trade, Agribusiness, and Industry, Mrs. Elizabeth Ofosu-Adjare, emphasized the need for coordinated action between governments, investors, and the private sector to drive economic transformation.
The Minister highlighted Ghana’s 24-Hour Economy initiative, aimed at boosting productivity, creating jobs, and improving service efficiency, positioning Ghana as a continuous-production hub. She also stressed the importance of value addition, citing progress in various sectors, including cocoa, cashew, shea, palm oil, coconut, and cassava processing. Additionally, she pointed to major improvements in trade infrastructure, including the commissioning of Phases 1 and 2 of the Tema Port Expansion Project, and ongoing modernization at Takoradi Port.
The government has also announced measures to stimulate economic growth, including the removal of certain taxes such as the E-Levy, Betting Tax, and COVID-19 Levy. A $30.8 billion infrastructure programme and expanded support for local industries and agriculture value chains were also announced. The Summit is expected to bring together key stakeholders to discuss strategies for promoting industrialization and trade in Africa, with the aim of strengthening the continent’s economic resilience and competitiveness.
Ruth Abla ADJORLOLO
