By Celestine Avi & Seth Eyiah
Highlighting Ghana’s economic potential, President Frank-Walter Steinmeier described the country as an attractive investment destination and a key business hub in the West African subregion.
He revealed that trade between Ghana and Germany grew by more than 25 percent last year, reaching €626 million, and emphasized that there is still significant room for expansion, especially in renewable energy, digital innovation, and manufacturing.
President Steinmeier noted that Ghana’s stable democracy, skilled labour force, and growing infrastructure make it an ideal gateway for German investment in West Africa. He encouraged both Ghanaian and German entrepreneurs to take advantage of new opportunities in the African Continental Free Trade Area (AfCFTA), which is headquartered in Accra.
Accompanied by a high-powered delegation of German business leaders and investors from sectors such as infrastructure, construction, and high technology, the German President underscored his country’s commitment to supporting Ghana’s industrialization and sustainable economic growth.
He stressed that partnerships between Ghanaian and German firms could “unlock innovation, create jobs, and build value chains that benefit both nations,” reaffirming Germany’s readiness to deepen trade cooperation through mutually beneficial initiatives.
“Our partnership with Ghana is built on trust, innovation, and shared prosperity,” President Steinmeier said. “We see Ghana not only as a partner but as a bridge to the future of sustainable industrialization in Africa.”
