Minister for Trade, Agribusiness & Industry, Elizabeth Ofosu-Adjare (MP), has urged Chinese investors to increase their participation in Ghana’s industrial development, highlighting the country’s favourable economic climate and strategic 24-hour economy policy.
The call was made during the China-Africa CEO Dialogue held on Friday, June 13, 2025, in Changsha, Hunan Province, as part of the 4th China-Africa Economic & Trade Expo (CAETE). The forum, which ran from June 12–15, attracted over 500 prominent figures from government institutions, multinational firms, business chambers, international organisations, and financial agencies.
Addressing the Dialogue, the Minister underscored Ghana’s advantages as an investment hub. She noted that the country’s peaceful political environment, strong adherence to the rule of law, and location at the centre of the world positioned it as a key access point to global markets. She said Ghana had already welcomed major Chinese companies whose brands such as Zonda Sinotruk, Sunda, Keda, Sentuo, Sunon Asogli, and Huawei have become familiar to Ghanaian households.
She urged prospective Chinese investors to take advantage of government’s newly introduced 24-hour economy policy aimed at boosting productivity across sectors.
In her broader message to the forum, the Minister made a passionate case for investment across the African continent, stating that “Africa is expected to be the second fastest growing economy globally this year with 40 countries including Ghana set to achieve post higher growth rates relative to 2023 levels.”
She added that the continent was entering a pivotal era characterised by transformation, innovation, and industrial growth. According to her, “the true potential of Africa lies not only in its resources but in its ability to process, refine and innovate, turning raw commodities into high-value products that create jobs and drive sustainable growth.”
“Let us move beyond traditional trade relationships and embrace transformational partnerships, ones that promote technology exchange, sustainable industrial practices, and globally competitive African enterprises,” she said.
She also encouraged Chinese investors to leverage the African Continental Free Trade Area (AfCFTA), which provides access to a market of 1.3 billion people and a combined GDP of $3.4 trillion, supported by a growing middle class.
The expo was expected to result in the signing or matchmaking of 128 cooperation projects valued at over $7 billion, covering sectors such as manufacturing, transportation, healthcare, logistics, energy and information services.
Other dignitaries who addressed the plenary session included H.E. Cao Zhiqiang, Vice Governor of Hunan Province, Mr. Joseph Olasunkanmi, Director General of Nigeria-China Strategic Partnership, Miss Ahunna Eziakonwa of the UNDP, and Chief Diana Chen, Chair of Choice International Group.
