Mahama Urges Value Chain Investment for Inclusive Growth at Ghana-EU Forum
President John Dramani Mahama opened the 3rd Ghana-EU Business Forum in Accra with a strong call to action for donors, investors, and industry leaders to invest in key value chains. Speaking under the theme “Fostering Investment in High Growth Potential Value Chains under the EU Global Gateway Strategy,” Mahama highlighted the strategic importance of unlocking underutilized sectors to build a resilient and inclusive Ghanaian economy.
The forum, jointly organized by the European Union and the Government of Ghana, aligns with the EU’s Global Gateway Strategy—a global development framework that emphasizes green, digital, and inclusive partnerships. Mahama reaffirmed Ghana’s readiness to embrace innovation, particularly in non-traditional sectors, as a way to empower the youth, generate employment, and protect the economy from external shocks.
Key sectors targeted during the event included agribusiness, health and pharmaceuticals, and energy. Myriam Ferran, EU Deputy Director-General for International Partnerships, stressed the importance of strengthening these value chains to support mutual growth and improve strategic autonomy between Ghana and Europe.
To this end, the EU unveiled a series of initiatives aimed at transforming Ghana’s economic landscape. Notably, the BETTER FARMING project, backed by €19.5 million, will support sustainable agriculture in northern Ghana, focusing on crops like shea and soya, as well as beekeeping. Another major initiative, the Green, Digital, and Inclusive Private Sector Development programme, aims to promote green and digital growth across various industries, particularly in Tamale.
Additional programs included the Team Europe Initiative’s €4 billion commitment to supporting young African entrepreneurs—especially women—and AgriFI’s €2.23 million investment to enhance agribusiness logistics and digital infrastructure through partnerships with agritech companies like Complete Farmer. Collectively, these initiatives mark a significant step toward deepening EU-Ghana collaboration and ensuring broad-based economic development.
Source: Citi newsroom