Ghana Seeks Indian Investments to Boost Economy

Ghana invites Indian investments in agriculture, pharmaceuticals, healthcare, renewable energy, telecom, and real estate to stimulate economic growth and provide access to West African markets. The country offers a stable democratic government with investor-friendly laws and seeks modern agricultural methods to boost farm production.

Ghana has called for investments from India in key sectors such as agriculture, pharmaceuticals, healthcare, renewable energy, telecom, and real estate. The move aims to invigorate the West African nation's economy and extend market access throughout the region, including Nigeria.

Speaking at the Bharat Chamber of Commerce in Kolkata, Louis Kwame Obeng, Acting High Commissioner of Ghana to India, emphasized the investment opportunities in the country. He highlighted Ghana's economic stability and its protectionist laws for businesses as a draw for potential investors.

Obeng further cited agriculture as a predominantly important sector, though its contribution to GDP is declining. He urged Indian private sector investment to modernize agricultural practices. BCC president Naresh Pachisia endorsed the idea, stating that India and Ghana have great potential for trade partnerships.

(With inputs from agencies.)