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2026 outlook for Ghana’s trade and industry looks bright – Minister

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By: Franklin ASARE-DONKOH

The Minister of Trade, Agribusiness and Industry, Mrs. Elizabeth Ofosu-Adjare, says the 2026 outlook for Ghana’s trade and industry sector looks brighter.

Speaking on the performance of the ministry at the Government Accountability Series held at the seat of government in Accra on Wednesday, January 21, 2026, she expressed optimism that the outlook for the sector looks more promising than the gains made in 2025.

According to the minister, 2025 had been a strong year, marked by improved industrial activity, declining prices, increased investor interest, and the rollout of key policies aimed at strengthening the sector.

Mrs. Ofosu-Adjare noted that the prospects for 2026 appear brighter, particularly with government plans to deepen support for the private sector.

According to her, the government intends to support the establishment of three large garment factories as part of efforts to boost manufacturing and job creation.

She said the garment factories are expected to create up to 27,000 jobs in the long term, highlighting the sector’s potential to absorb large numbers of workers, adding that garment manufacturing offers quick employment opportunities, as workers do not require lengthy training periods before starting work.

The minister described the initiative as a significant step toward expanding industrial capacity, reducing unemployment, and strengthening Ghana’s manufacturing base, while reinforcing the government’s commitment to private sector–led growth.

“We have seen the beautiful picture of 2025 at the Ministry of Trade, Agribusiness and Industry, where industry is going well, prices are coming down, investors are coming to town, policies are drawn, just to mention a few. Now what does 2026 have in store for trade, agribusiness, and industry? I can say for a fact that 2026 even looks better.

“2026 looks better because the government is going to support the private sector to establish three big garment factories, and we seek to employ 27,000 in the long run—27,000 with these garment factories. A garment factory employs a lot of people.

“The beauty is the fact that you don’t have to learn for three or five months because you get to work. So this is good,” Mrs. Ofosu-Adjare reiterated.

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