The government of Ghana has announced that it is working with authorized automobile dealers and distributors as well as leading financial institutions to introduce a comprehensive financing scheme to enable Ghanaians to buy ‘Made in Ghana’ vehicles. According to Alan Kyeremanten, the Minister of Trade and Industry, the government has entered into negotiations with global automobile manufacturers, including Toyota Ghana Limited, to establish vehicle assembling plants as part of the country’s industrial transformation agenda. He said the company had signed a Memoranda of Understanding with the University of Ghana to construct a multipurpose training complex for the University’s School of Engineering, which would include a body workshop and practical training for engineering students. The minister said the government’s vision was to turn the country into a major hub of auto manufacturing in Africa. Vehicle imports in the country exceeded one billion dollars in 2017.

Source: The North Africa Journal July 19, 2019 12:00 UTC