Saudi Press

Saudi Arabia and the world
Sunday, Jul 06, 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
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
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
×