Ghana, Egypt to collaborate for agricultural expansion
Tapping into mutual interests for agricultural expansion, Ghana and Egypt have expressed intent for collaboration in key sectors including technical and training, poultry production, and animal feed manufacturing, among others
Leveraging these areas for fostering economic growth and inter-trade relations, the Ambassador of Egypt to Ghana, Wael Fathy Ahmed, recently had a call with Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare.
While Egypt is keen on sharing expertise with Ghana and securing investments in the region, Ghana is ready for official commitment through a Memorandum of Understanding (MoU) to advance mutual trade relations to the next level. The collaboration in agriculture and other sectors can potentially create jobs, enhance skills development, and boost trade between the two countries. The African Continental Free Trade Area (AfCFTA) can aid this development as a body aiming to accelerate intra-African trade, investment and industrial development.
According to Ofosu-Adjare, Ghana's Agribusiness Directorate is designed to serve beyond value addition, also including support for production and sustainable supply of raw materials required to strengthen local industries. Ghana has also recently refined its policies strategically in sectors such as the Textile and Garment Policy, the Pharmaceutical Policy, and the Automotive Policy.
The meeting reaffirmed the shared commitment of Ghana and Egypt to expanding economic cooperation, fostering private sector partnerships, and advancing sustainable industrial development for the mutual benefit of both nations.