How Ghana is repositioning as Africa’s trade hub

Ghana is strategically positioning itself to become a major trade hub in Africa, with key initiatives being implemented to attract investments and drive economic growth. Yofi Grant, the CEO of Ghana Investment Promotion Centre, emphasized the importance of investments in the post-pandemic era and highlighted the government's efforts to revitalize the economy through various programs. One of the central programs, Ghana CARES, aims to facilitate the investment of $70 billion over three years, with a focus on sectors like agriculture, agro-processing, infrastructure, and housing. Grant underscored the significance of partnerships and trade linkages in driving economic development and emphasized the need for value addition within the continent. The African Continental Free Trade Area (AfCFTA) also plays a crucial role in Ghana's economic strategy, providing a platform for intra-continental trade and investment. Grant emphasized the importance of leveraging AfCFTA to enhance trade facilitation and investment protocols within Africa.