Saudi Press

Saudi Arabia and the world
Friday, Aug 08, 2025

Saudi businesses asked to take advantage of AfCFTA opportunities in Ghana

Saudi businesses asked to take advantage of AfCFTA opportunities in Ghana

Alhaji Mohammed Habib Tijani, Ghana’s Ambassador to Saudi Arabia, has asked businesses in the oil-rich Kingdom to take advantage of the African Continental Free Trade Area (AfCFTA) to invest in Ghana.
He said Ghana was a safe and profitable destination for doing business in Africa and that taking up opportunities would ensure the mutual benefit of the investors and the host country.

At a meeting with the Chief Executive Officer (CEO) of the Saudi Fund for Development (SFD), Sultan bin Abdul Rahman Al-Marshad, the Ambassador wooed investors of that country to make use of opportunities presented by AfCFTA.

A statement issued from the office of the Ambassador and made available to the Ghana News Agency said Alhaji Tijani briefed the CEO on investment opportunities in Ghana with particular reference to various government flagship programmes such as the One Village One Dam (1V1D), One District One Factory (1D1F), and the Planting for Food and Jobs (PFJ).

He said the initiatives were introduced to ensure all-year-round access to water by farmers, tackle youth unemployment, achieves food security, and add value to Ghana’s export through agro-processing.

Ahaji Tijani also spoke of other investment opportunities the programmes offered and requested the CEO to encourage Saudi investors and businesses to invest in the programmes.

He told Sultan Al-Marshad that in due course, the government would submit proposals on the programmes for consideration and possible bilateral investment opportunities.

He acknowledged the immense contributions of the SFD to the Ghanaian economy since the early 1980s and mentioned projects like the Northern Electrification Programme, the Tetteh Quarshie-Mamfe Road Project, and a recent loan granted for projects at the Korle Bu and Bolgatanga hospitals.

The CEO, on his part, said Saudi Arabia was a major producer of high-quality fertilizers and that the Saudi Exim Bank could be engaged to make arrangements with the Saudi Arabian Basic Industries Corporation (SABIC) to provide fertilizers to Ghanaian farmers at competitive prices under the PFJ.

He also requested Metropolitan, Municipal, and District Assemblies (MMDAs) in Ghana to submit proposals to the SFD for consideration in the areas of trade and investments.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
×