Ghana, Canada target investment opportunities as bilateral trade hits US$752m

Ghana and Canada have reaffirmed their commitment to expand investment and private-sector partnerships across key sectors of the economy, following a 56 per cent growth in bilateral trade in 2025.

The Deputy Minister for Trade, Agribusiness and Industry, Mr Sampson Ahi, said the trade growth underscored the potential for deeper economic cooperation and stronger commercial ties between the two countries.

According to him, bilateral trade between Ghana and Canada increased from US$483 million in 2024 to US$752 million in 2025, representing a 56 per cent rise.

Mr Ahi made the remarks at a meeting in Accra on Thursday, with Canada's Deputy Minister of Foreign Affairs, Mr Arun Tjangaraj, and Canadian High Commissioner to Ghana, Ms Myriam Montrat.

He described Canada as a longstanding and trusted development and economic partner, noting that the two countries would mark 70 years of diplomatic relations in 2027.

The Deputy Minister said the growth in trade reflected increasing investor confidence, economic complementarity and expanding commercial opportunities between the two countries.

He identified agribusiness and Agro-processing, pharmaceuticals, textiles and garments, renewable energy, clean technology, critical minerals, railway infrastructure, digital technology and artificial intelligence as priority areas with considerable potential for Canadian investment.

Mr Ahi said stronger engagement in those sectors would help deepen economic relations while supporting Ghana's industrial development and economic transformation.

For his part, Mr Tjangaraj reaffirmed Canada's commitment to building a stronger economic partnership with Ghana, pointing to opportunities for expanding bilateral relations through trade, investment and private-sector collaboration.

He emphasised the importance of harnessing the existing opportunities to support Ghana's economic transformation and strengthen commercial relations.