GHANA ENSURES A PROTECTED INVESTMENT CLIMATE FOR FOREIGN INVESTORS — HON. AHI ASSURES INDIAN DELEGATION
The Deputy Minister for Trade, Agribusiness and Industry, Hon. Sampson Ahi, has reiterated Ghana’s commitment to creating a secure and stable environment for foreign investments, assuring that all legitimate business ventures are fully protected under the country’s laws.
He gave the assurance when he received a delegation from EKA Mobility, an Indian electric vehicle manufacturing company, and their partners from Mitsui Corporation and Rana Motors, during a courtesy call at the Ministry of Trade, Agribusiness and Industry in Accra.
Hon. Ahi noted that Ghana’s strong democratic credentials, rule of law, and investor-friendly policies continue to make it the preferred destination for investors across Africa.
“Whatever investment you make in Ghana is protected. No individual can arbitrarily interfere with your business. We believe in the rule of law, and our courts work effectively to ensure fairness,” he emphasized.
The Deputy Minister commended the delegation’s decision to establish an electric vehicle (EV) manufacturing and assembly plant in Ghana, describing it as a timely initiative that aligns with the government’s industrialization and green energy agenda. He further revealed that Ghana’s Automotive Development Policy is currently being reviewed to incorporate electric vehicles, reflecting the country’s readiness to embrace sustainable mobility solutions.
He assured the delegation of the Ministry’s full support in facilitating the necessary engagements with relevant agencies such as the Ghana Investment Promotion Centre (GIPC), the Ministry of Energy, and the Ministry of Transport, to ensure the smooth implementation of their project. “Ghana is ready. We have all it takes to assist you to enter the market, compete, and achieve your objectives. We are open and willing to collaborate fully,” Hon. Ahi said.
Earlier, the Chief Operating Officer of Rana Motors, Mr. Kassem S. Odaymat, who accompanied the delegation, disclosed that discussions between Rana Motors, Mitsui Corporation, and EKA Mobility had been ongoing for over a year, focusing on the full-scale manufacturing of electric three-wheelers, buses, and commercial vehicles in Ghana.
He explained that after evaluating potential locations in Nigeria and Côte d’Ivoire, the partners settled on Ghana as the ideal base for the project due to its stability, infrastructure, and strategic access to the West African market.
Representatives from EKA, Mr. Sumeet Jadhav and Mr. Vijay Yeine expressed readiness to not only manufacture but also transfer technology and skills to Ghanaians, create local employment, and promote the localization of component production. “We are not here just to sell vehicles; we want to manufacture in Ghana, train people, and serve other West African countries from here,” they stated.
They further indicated their commitment to signing the necessary agreements immediately to commence the investment process. “There is nothing like assurance. We are ready to sign even today,” the EKA team affirmed.
The meeting forms part of Ghana’s broader efforts to attract sustainable investments in the automotive sector and position the country as a key player in Africa’s electric mobility transition.
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