The High Commission of India in Accra in partnership with the Association of Ghana Industries (AGI) organised the India Ghana Business Conclave 2025 on the theme “Strengthening Trade, Investment and Economic Partnership” at the Accra Marriot Hotel on 27 February 2025.
The event provided an important platform for various business and industry leaders, policy makers and other stakeholders to connect, share insights, explore opportunities for collaboration in strengthening investment and trade linkages and foster stronger business relationships.
In his Welcome Address, High Commissioner Manish Gupta provided an overview of India-Ghana relations and underscored that trade, investment and economic ties are among the most important and dynamic pillars of the bilateral partnership. India-Ghana bilateral trade is now around USD 3 billion.
Nearly US$2 billion in FDI in over 900 projects and another US$1 billion through concessional LOCs/Buyers Credit at the intergovernmental level have been Indian investments in Ghana during the last two decades, making it a prime economic partner. In addition, the Government of India generously supports scholarships and capacity-building programs in various sectors of the economy.
Ghana has been a preferred gateway for Indian investments in the West African sub-region. There are also good complementarities between our two economies that provides an opportunity for rapidly scaling up the bilateral trade between the two countries.
High Commissioner emphasized the potential for collaboration across various sectors, including developing regional value chains in agriculture, food processing, skill development, and major projects in mining and infrastructure.
He also called for reducing the costs associated with banking and financial transfers and develop cost-effective logistics chains.
In this context, one key collaboration area involves India’s Digital Public Infrastructure, including the India Stack, which can be replicated to improve governance, transparency, and inclusion in Ghana and the wider region. Linking India’s Unified Payment Interface with the Ghana Interbank Payment and Settlement System would facilitate ease of banking and swift transactions.
AGI President, in his speech, underlined the significant potential for strengthening trade and enhanced economic cooperation between India and Ghana.
Dr. John Hawkins Asiedu, Technical Advisor at the Ministry of Trade, Agribusiness and Industry, read out the Keynote Address of Ho’ble Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness and Industry.
The Conclave also featured an insightful panel discussion on the theme “Strengthening Trade, Investment and Economic Partnership” involving eminent panelists – Mr. Mahesh Shah (Head of Business at Tolaram Group & MD, Dufil Prima Foods Ltd.), Mr. Austin Okere (Founder, CWG Plc. and Entrepreneur In Residence & CEO, Ausso Leadership Academy), Mr. David Ofosu-Dorte (Executive Chairman at AB & David Africa), Dr. Nora Bannerman-Abbott (CEO Sleek Garments Export Ltd. & Member, Board of Directors, Development Bank Ghana and other prominent organizations) and Dr. Richmond Frimpong (Chairman, African Economic Zones Chamber).
The discussion was moderated by Ms. Fatima Alimohamed, CEO at African Band Warrior. On Behalf of Ghana Investment Promotion Centre (GIPC), Mr. Emmanuel Fosu Forson, Deputy Director and the Acting Head of Corporate Affairs, delivered a speech on potential investment opportunities for Indian Businesses in Ghana.
This event ended with a networking session. Over 100 business persons from various sectors, senior officers from all leading business chambers in Ghana and other key stakeholders attended the event.
The High Commission of India in Accra expressed gratitude to all attendees for their contributions and reiterated its commitment to strengthen the trade, investment and economic partnership between the two countries.
