Business News of Tuesday, 3 March 2026Source: www.ghanaweb.comGhana’s bilateral trade with China has surpassed $14.1 billion, marking a year-on-year increase of more than 193 percent, according to Ghana’s acting Chinese Ambassador, Li Yang. China's zero-tariff offer will boost Ghana's exports - Chinese AmbassadorA key announcement at the event was China’s decision to implement zero-tariff treatment for 53 African countries, including Ghana, beginning May 2026. Minister of Food and Agriculture, Eric Opoku, linked the expanding trade ties to the government’s broader economic transformation agenda under President John Dramani Mahama. "Chinese investments in Ghana currently span manufacturing, retail and wholesale trade, hospitality, mining and infrastructure development," he noted. With trade volumes now exceeding $14 billion and zero-tariff access set to take effect in 2026, both countries say the next phase of relations will prioritise value creation, industrial growth and long-term economic sustainability.

Source: GhanaWeb March 04, 2026 05:29 UTC