Govt to review Ghana Automotive Development Policy

Government has announced plans to review the Ghana Automotive Development Policy, with a focus on incorporating an electric vehicle (EV) policy framework.

According to the Minister for Trade, Industry, and Agribusiness, Elizabeth Ofosu-Agyare, the move is aimed at positioning Ghana as a competitive destination for investment in the growing EV sector.

She made the remarks at the sidelines of the official opening of the new Foton Truck showroom in Tema.

The automotive industry is ready for investment. Also to show the E-Vehicle investment is also ready. We are creating enabling environment for businesses in the automotive industry to thrive and we are doing this by reviewing the automotive policy that we have in Ghana.

When we did it 5 years ago, E-Vehicles were not that popular so we are amending the law to include E-Vehicles and E- Bicycles or E- tricycles. We are doing this to ensure that subsidies, tax waivers are also available for E-tricycles or E-motors.

“I am sure very soon you will see us with our stakeholder consultation relative to the 24-hour economy. All these industries are poised to producing 24 hours. We are in a hurry to do component manufacturing law as well as amending the existing law to incorporate E-vehicles and E-motors in a proper way,” Elizabeth Ofosu-Agyare said

The Minister for Trade, Agribusiness and Industry , Elizabeth Ofosu-Agyare also toured several automotive assembly facilities in the Tema enclave, including the Japan Motors Assembly Plant and Volkswagen Ghana.

Comments

NESCAFÉ Launches Real Vibes Text & Win Promo to Reward Coffee Consumers Across Ghana

NESCAFÉ has launched the Real Vibes Text & Win Promo, an exciting consumer promotion designed to reward loyal coffee lovers and bring the brand’s My Coffee, My Vibe experience even closer to consumers across the country. Running from September to December, the promotion gives consumers the opportunity to enjoy their favourite NESCAFÉ coffee while standing a chance to win exciting prizes, including phones, motorcycles, airtime and the ultimate grand prize—an electric SUV. Speaking at the launch, Lily Ntim, Category Development Manager for NESCAFÉ, said the promotion reflects NESCAFÉ’s commitment to creating, rewarding and memorable experiences for consumers. “Today, we are excited to introduce the NESCAFÉ Real Vibes Text & Win Promo, a campaign designed to bring the My Coffee, My Vibe experience even closer to our consumers,” she said. She added that the campaign is not only about prizes, but also about celebrating the everyday moments consumers enjoy with their coffee. “T...

UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities

In a significant boost to UK-Ghana trade and investment relations, the UK-Ghana Chamber of Commerce (UKGCC), in partnership with the UK-Ghana Jobs and Economic Transformation (JET) Programme, has launched the UK-Ghana Trade Resource Centre, a practical market-access platform designed to help businesses identify opportunities, navigate export requirements and build commercial partnerships between Ghana and the United Kingdom. The UK and Ghana enjoy strong trade relations, with total bilateral trade reaching approximately £1.6 billion in the year to Q1 2026. Yet, despite this progress, significant untapped opportunities remain for businesses in both countries. The Trade Resource Centre has been established to help bridge information gaps, connect businesses with the right partners, and support firms to take greater advantage of opportunities under the UK-Ghana Trade Partnership Agreement. The launch formed one of the major outcomes of the UK-Ghana Trade & Investment Summit 2026,...

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican...

Kofi Ahovi

Search This Blog