Economics and Business

GFZA engages BRICS business delegation on Ghana investment opportunities

The Ghana Free Zones Authority (GFZA) has held discussions with a delegation from the BRICS Entrepreneurs Alliance on potential investment opportunities in Ghana, with a focus on furniture manufacturing, Ghana–Russia business partnerships and incentives under the country’s Free Zones Scheme.

The meeting, held on Tuesday, October 13, 2026, was led by GFZA Chief Executive Officer Dr. Mary Awusi and Vice President of the BRICS Entrepreneurs Alliance, Vladimir Kiselev.

The engagement forms part of efforts to identify areas of mutual economic interest, strengthen international business relations, attract foreign investment and expand Ghana’s industrial and export capacity.

Discussions focused on opportunities for Russian and other international investors to establish or expand operations in Ghana, particularly in furniture manufacturing, a sector with potential to drive industrial growth, promote value addition and create jobs.

The delegation also received information on incentives offered under Ghana’s Free Zones Scheme, which seeks to attract foreign direct investment, encourage export-oriented production and position the country as a competitive destination for international businesses.

In a statement shared on her Facebook page, Dr. Awusi highlighted Ghana’s strategic geographical location and its potential to serve as a gateway for businesses seeking access to markets across Africa.

She emphasised that the country’s location, investment opportunities and business environment could attract companies interested in establishing manufacturing and export operations on the continent.

According to the GFZA, international investors can leverage Ghana’s strategic position to reach wider African markets while benefiting from the incentives and support available under the Free Zones Scheme.

Dr. Awusi reaffirmed the Authority’s commitment to facilitating investments that advance Ghana’s industrialisation agenda, stimulate economic activity and increase the production of locally manufactured goods for export.

She also highlighted the GFZA’s role in guiding investors through the investment process and helping them identify opportunities within the country’s export-oriented industrial sector.

Furniture manufacturing featured prominently in the discussions, with the sector offering prospects for investment in production facilities, modern manufacturing technologies, skills development and the processing of raw materials into finished products for domestic and international markets.

Potential investments in the industry could also strengthen local supply chains, generate employment and contribute to the growth of Ghana’s non-traditional exports.

Attracting investment into manufacturing remains central to Ghana’s efforts to move beyond exporting raw materials towards producing finished and value-added goods. The engagement therefore provided an opportunity to explore how international business partnerships could support these objectives.

However, the GFZA has not announced any specific investment agreement, financial commitment or project resulting from the meeting.

The discussions focused on potential investment opportunities, business partnerships and areas of future cooperation between Ghana and members of the BRICS Entrepreneurs Alliance.

By Esther Padmore Amonoo

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