Audio By Carbonatix
The Minister of Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has expressed confidence in the prospects for Ghana’s trade and industrial sector in 2026, describing the outlook as even more promising than the achievements recorded in 2025.
Addressing the Government Accountability Series in Accra on Wednesday, January 21, the minister highlighted that last year was marked by stronger industrial activity, declining prices, heightened investor interest, and the rollout of policies aimed at reinforcing the sector.
Looking ahead, Minister Ofosu-Adjare said the government plans to deepen its support for the private sector, particularly through the establishment of three large garment factories.
She indicated that these factories could generate up to 27,000 jobs over time, underscoring the sector’s potential to provide immediate employment opportunities due to minimal training requirements.
“The successes of 2025 are evident – industry is performing well, prices are stabilising, and investor confidence is on the rise. But 2026 looks even more promising,” she said.
“The government will back the private sector to set up three large garment factories, aiming to employ 27,000 people in the long run. Garment factories are labour-intensive, and the beauty is that workers do not need months of training before starting work. This is a major advantage for employment.”
The minister described the initiative as a strategic step toward expanding industrial capacity, tackling unemployment, and strengthening Ghana’s manufacturing base, reaffirming the government’s commitment to private sector–driven economic growth.
Latest Stories
-
MTN Ghana’s growing economic footprint puts spotlight on telecom sector
2 minutes -
Free Primary Health Care to reach all districts by 2028 – Health Minister
3 minutes -
Mahama commissions Paga SHS E-Block, promises facilities to end double-track by 2027
5 minutes -
Zambia resumes vote counting after security concerns halt electoral process
6 minutes -
Overall unemployment decline shows government policies are working – Opare-Addo
8 minutes -
GHS boss calls for stronger commitment to make Free Primary Health Care work
10 minutes -
Instagram accounts accused of luring migrants to Ceuta with misleading crossing videos
12 minutes -
Government targets local changfan manufacturers, suppliers in expanded galamsey fight
13 minutes -
Over 4,000 excavators held at ports under new galamsey control measures – Lands Minister reveals
17 minutes -
Mahama announces five-year plan to cut Ghana’s reliance on imported medicines
18 minutes -
Cocoa farmers’ economic realities must be addressed to curb deforestation – Prof Asante
20 minutes -
Prosecution biggest challenge in galamsey fight – Lands Minister
22 minutes -
Ghana loses 8,900 hectares of forest reserves to illegal mining
23 minutes -
Mahama summons TDC, TMA officials over Community 1 Site 3 dispute
24 minutes -
Mahama announces GH¢1bn Bawku Revitalisation Fund
24 minutes