South Africa and Ghana have signed three bilateral agreements towards promoting trade between the two countries.

With these agreements, both countries are expected to exchange expertise and resources in the areas of trade, transport and energy. The two countries also agreed to deepen cooperation in the fields of science and technology.

This was disclosed at a joint news conference at the Flagstaff House Tuesday held by President John Mahama and his South African counterpart Jacob Zuma, who is on a three day state visit to the country.

Addressing the media, Mr. Jacob Zuma assured that his country will continue to increase business investment in Ghana including the oil sector.

He disclosed that between 2003 and 2013, South African businesses have invested over 60 billion rand in the Ghanaian economy.

“We have also agreed to further promote our economic relations. A number of South African companies have invested in Ghana which are significant and amounted to more than 64 billion rand between 2003 and April 2013,” President Zuma said.

President Zuma also added that “We [Ghana and South Africa] have also agreed to deepen preparations in the field of science and technology".

On his part, President John Mahama said it is crucial for the two countries to work together to remove difficulties on transportation and electricity supply to enhance the integration process Africa is embarking on.

"We are going to work together to put in the infrastructure that necessary to make travel between the countries easier," President Mahama stated.

President Zuma and his wife earlier visited the Kwame Nkrumah Mausoleum and Asomdwoe Park (Atta Mills was burried) where they laid wreaths on the tombs of the two late Presidents.