The Ghana-China Business Summit 2025, held in Accra, underscored the burgeoning economic partnership between the two nations. Julius Debrah, Chief of Staff at the Office of the President, conveyed the Ghanaian government’s commitment to supporting Chinese businesses seeking to invest and operate in Ghana. He highlighted the long-standing diplomatic relationship between the two countries and emphasized the Mahama administration’s desire to further strengthen collaboration in business and industrial development. Debrah revealed that over 560 Chinese businesses have registered their interest in operating in Ghana, with over 100 manufacturing entities already established under Chinese ownership, signifying a growing trend of Chinese investment in the Ghanaian economy.
Ghana’s strategic positioning within West Africa, combined with its political stability, improved infrastructure, and enhanced port and air connectivity, makes it an attractive investment destination for Chinese businesses seeking to access the broader West African market. Debrah emphasized Ghana’s suitability as a regional hub, encouraging Chinese manufacturers to establish assembly plants and production facilities within the country. He reiterated the government’s unwavering support for Chinese entities willing to invest in Ghana’s manufacturing sector, promising encouragement, support, and active assistance to ensure their success.
The Ghanaian government is actively promoting policies designed to stimulate economic growth and create a conducive environment for businesses. One such initiative is the proposed 24-hour economy policy, which aims to boost productivity by extending work hours and offering incentives. This policy is expected to create more job opportunities and enhance the overall efficiency of the Ghanaian economy. By showcasing such initiatives, the government is signaling its commitment to creating a business-friendly environment and attracting foreign investment.
The five-day summit, themed “Synergising opportunities: Strengthening the Ghana-China Relationship and fostering a 24-hour economy,” served as a platform to explore mutual economic benefits and strengthen the existing ties between Ghana and China. The summit focused on exploring avenues for increased trade and investment in key sectors such as manufacturing, agriculture, tourism, and technology. This multi-sectoral approach highlights the diverse opportunities for collaboration and the potential for significant economic growth in both countries.
The summit provided an opportunity for businesses from both countries to network, exchange ideas, and forge partnerships. It also facilitated discussions on key issues affecting bilateral trade and investment, such as market access, regulations, and infrastructure development. By fostering open dialogue and collaboration, the summit aimed to identify and address potential challenges, paving the way for smoother and more fruitful business engagements.
The emphasis on strengthening the Ghana-China relationship and fostering a 24-hour economy underscores the shared vision of both countries for sustainable economic growth and development. The summit served as a testament to the deepening economic ties between Ghana and China and the potential for a mutually beneficial partnership that can drive economic progress in both nations. The commitment expressed by the Ghanaian government to support Chinese businesses, coupled with the focus on key sectors like manufacturing and technology, signals a promising future for the Ghana-China economic relationship.
