President John Dramani Mahama has positioned Ghana as the “reliable gateway” to the African Continental Free Trade Area (AfCFTA), urging investors in Singapore to seize the continent’s opportunities despite turbulence in the global economy.
Speaking at the opening of the 8th Africa–Singapore Business Forum on Tuesday, August 26, — his first engagement on a three-day state visit — Mahama declared: “Africa is investable, and Ghana is your reliable gateway to the continent.”
He argued that Africa’s fundamentals remain strong, anchored by a 1.4 billion-strong youthful, digitally connected population, a $3.4 trillion AfCFTA market, and world leadership in mobile money and fintech adoption.
Mahama pointed to Ghana’s unique advantages, including hosting the AfCFTA Secretariat in Accra and access to more than 400 million consumers through ECOWAS.
“Ghana is, therefore, a trusted entry point to scale across the continent,” he said.,” he told the gathering of Singaporean ministers, trade officials and corporate leaders.
Trade links are already growing. Africa–Singapore trade surged nearly 50% between 2020 and 2024 to almost $14 billion, with Ghana–Singapore trade topping $215 million in 2024.
Singaporean investments in Ghana now exceed $2 billion across 69 companies.
Mahama summed up Ghana’s appeal as “a stable, reform‑minded country, connected to the AfCFTA, designed for scale with a pipeline of investable projects in agribusiness, logistics, manufacturing, energy, digital and tourism and a partner that values integrity, predictability and long‑term relationships.
Source: Starrfm.com.gh
