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Ghana’s trade, industry outlook promising – Trade Minister

Wed, Jan 21 2026 1:40 PM
in Ghana General News
ghanas trade industry outlook promising trade minister
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Minister of Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare

The Minister of Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has expressed confidence in the prospects for Ghana’s trade and industrial sector in 2026, describing the outlook as even more promising than the achievements recorded in 2025.

Addressing the Government Accountability Series in Accra on Wednesday, January 21, the minister highlighted that last year was marked by stronger industrial activity, declining prices, heightened investor interest, and the rollout of policies aimed at reinforcing the sector.

Looking ahead, Minister Ofosu-Adjare said the government plans to deepen its support for the private sector, particularly through the establishment of three large garment factories.

She indicated that these factories could generate up to 27,000 jobs over time, underscoring the sector’s potential to provide immediate employment opportunities due to minimal training requirements.

“The successes of 2025 are evident – industry is performing well, prices are stabilising, and investor confidence is on the rise. But 2026 looks even more promising,” she said.

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“The government will back the private sector to set up three large garment factories, aiming to employ 27,000 people in the long run. Garment factories are labour-intensive, and the beauty is that workers do not need months of training before starting work. This is a major advantage for employment.”

The minister described the initiative as a strategic step toward expanding industrial capacity, tackling unemployment, and strengthening Ghana’s manufacturing base, reaffirming the government’s commitment to private sector–driven economic growth.

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