Ghana–India B2B Meet: Building Trade, Technology, and Industrial Growth

The Ghana–India Chamber of Commerce (GICC) says its ongoing Business-to-Business (B2B) programme is designed not only to facilitate trade but also to promote technology and knowledge transfer as Ghana intensifies efforts to build a productive and industrialised economy.

Speaking on the sidelines of the second day of the programme in Accra, Mr. Victor Yao Nyakey, Director of Protocol at GICC, explained that the two-day buyer-seller engagement was deliberately structured to connect Ghanaian buyers and importers directly with Indian manufacturers and suppliers.

“The programme is called the Ghana–India B2B programme. It is designed to bring Ghanaian businesses together to meet with their Indian counterparts,” Mr. Nyakey said.

A Platform for Trade and Partnerships

The event, organised by GICC in collaboration with the Federation of Indian Export Organisations (FIEO) and supported by the Indian High Commission to Ghana, brought together hundreds of Ghanaian entrepreneurs and a 30-member Indian business delegation.

FIEO, established under India’s Ministry of Commerce, plays a critical role in supporting exporters and ensuring compliance with international standards. This gives Ghanaian businesses access to credible suppliers and quality products, ranging from pharmaceuticals and healthcare to engineering, textiles, chemicals, and digital solutions.

Technology Transfer and Industrialisation

Beyond trade, Mr. Nyakey stressed that one of the most important objectives of the engagement was to strengthen cooperation in technology and knowledge transfer.

Ghana’s industrialisation agenda, and the establishment of industrial parks, requires learning from countries like India, which has built strong manufacturing and industrial capabilities.

“We can manufacture things on our own, moving from consumption to production. But to do that, we need to learn from advanced countries like India as to how they are producing these products,” Mr. Nyakey noted.

Strategic Advantage Under AfCFTA

Ghana’s hosting of the African Continental Free Trade Area (AfCFTA) Secretariat in Accra positions the country as a gateway to a 1.3 billion-person continental market. Products manufactured in Ghana with Indian collaboration can be exported duty-free across Africa, boosting competitiveness and regional integration.

Voices from the Event

• H.E. Surinder Bhagat, Indian High Commissioner to Ghana, urged businesses to deepen economic partnerships, stressing Ghana’s strategic location and AfCFTA advantage.

• Mr. Simon Madjie, CEO of the Ghana Investment Promotion Authority (GIPA), highlighted Ghana’s investment potential and encouraged Indian firms to expand into Africa.

Dr. Kwabena E. Ekremet, President of GICC, challenged Ghanaian businesses to strengthen their operations to attract financing and institutional support.

Expanding Bilateral Trade

Trade between Ghana and India has grown significantly, rising from US$3 billion in 2024 to US$6.5 billion in 2025, with gold accounting for 85 percent of Ghana’s exports. Bilateral trade is now approaching US$8 billion, underscoring the need for diversification into sectors such as agriculture, ICT, pharmaceuticals, and renewable energy.

India, one of the world’s fastest-growing economies, is already Africa’s third-largest trading partner. Its expertise in pharmaceuticals, ICT, agro-processing, and renewable energy offers Ghana opportunities to move beyond raw commodity exports to value-added production.

Conclusion

The Ghana–India B2B programme is more than a trade fair—it is a strategic platform for industrialisation, technology transfer, and regional integration. With Ghana’s AfCFTA advantage and India’s manufacturing power, both nations are poised to build a mutually beneficial partnership that strengthens industries, creates jobs, and expands markets across Africa and Asia.

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