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August 2, 2026
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From oil executive to Ghana’s cable king
Money
Policy
Opportunity
Growth
Key Points
- Tony Oteng-Gyasi left a promising career at British Petroleum in 1986 to build his own manufacturing enterprises in Ghana.
- He founded Tropical Cable and Conductor Limited, Ghana's first ISO 9001 certified cable manufacturer, and Western Rod & Wire Limited, the only continuous casting and rolling factory for EC Grade Aluminium Rod in West Africa.
- His companies have become key suppliers of raw materials across the region, fostering local industrialization rather than import reliance.
- Oteng-Gyasi has held significant leadership roles, including President of the Association of Ghana Industries, Chair of the University of Ghana Council, and Board Chair of the Ghana Revenue Authority, also advising the Ministry of Finance.
- He is a vocal advocate for policies supporting local manufacturing and industrialization, often critiquing government policies that favor traders over producers.
Why This Matters
Tony Oteng-Gyasi's career is a testament to the potential for local industrialization and value creation within Ghana, serving as a model for self-reliant economic development. His persistent advocacy for policies that prioritize domestic production over imports is critical for shifting Ghana's economic paradigm, fostering sustainable growth, creating skilled jobs, and reducing reliance on foreign goods.
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