Thursday, July 17, 2025
Google search engine
HomeBusinessTrade Minister Engages Moroccan Investors on Strategic Investment Partnership

Trade Minister Engages Moroccan Investors on Strategic Investment Partnership

Ghana and Morocco are taking steps to strengthen bilateral cooperation in trade, agribusiness, and industrial development, following high-level talks between the Ministry of Trade, Agribusiness and Industry and a visiting Moroccan delegation.

The delegation, led by His Excellency Abderrahim Cherrab, Deputy Head of Mission at the Moroccan Embassy in Ghana, met with Minister Elizabeth Ofosu-Adjare in Accra on Tuesday to explore investment and partnership opportunities between the two nations.

Minister Ofosu-Adjare highlighted Ghana’s investor-friendly environment, citing tax incentives, low logistics costs, and strong government support for local manufacturing. She encouraged Moroccan investment in sectors such as fertilizer production, electric vehicle assembly, and commercial agriculture.

“Ghana is ready to serve as a manufacturing hub for West Africa, and we welcome Morocco’s expertise in agribusiness and industry,” she said, emphasising the country’s focus on climate-smart agriculture and commercial contract farming to secure raw material supplies.

She also proposed the harmonisation of trade standards and the use of Ghana as a base for Morocco’s automotive ventures in the region.

In response, H.E. Cherrab reaffirmed Morocco’s interest in supporting Ghana’s food security agenda, announcing plans for a 2,000-ton fertilizer shipment and the deployment of a diagnostic mission to assess the country’s agricultural systems.

He noted shared challenges such as low soil fertility, post-harvest losses, and over-reliance on primary agriculture, and pledged Morocco’s support in sharing best practices through South-South cooperation and joint initiatives.

The delegation included experts from the Moroccan Agency for International Cooperation, national research institutes, and technical universities. Discussions also touched on reviving a 2015 Memorandum of Understanding between the two countries to facilitate regulatory alignment and investment cooperation.

Both sides agreed to fast-track the formation of a joint commercial committee and accelerate engagement on trade harmonisation, industrial investment, and agribusiness development.

“This visit marks the beginning of a new phase of practical collaboration, particularly in food systems and manufacturing,” H.E. Cherrab said.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments