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May 2, 2026
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Ghana-Korea trade hits $380 million amid growing cultural, investment ties
Money
Policy
Opportunity
Growth
Key Points
- Trade between Ghana and the Republic of Korea reached 380 million US dollars in 2025, indicating a consistent increase from previous years.
- This growth is attributed to strengthening economic relations, expanding investment opportunities, and deepening cooperation in sectors like industrialisation, technology transfer, and infrastructure development.
- Korea supports Ghana through capacity building, technical assistance, and knowledge sharing, aligning with Ghana’s industrial transformation agenda.
- Around 20 Korean companies operate in Ghana, using it as a strategic hub for West African expansion, contributing to job creation and skills development.
- Ongoing reforms in Ghana’s investment regime are expected to attract further Korean investments, with cultural exchange also playing a crucial role in strengthening bilateral ties.
Why This Matters
This article highlights significant growth in trade and investment between Ghana and South Korea, which is crucial for Ghana's economic development. The focus on industrialization, technology transfer, and infrastructure development directly supports Ghana's transformation agenda, fostering job creation and enhancing its competitive position in the West African sub-region.
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