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July 16, 2026
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Ghana to import cotton from Benin to revive Volta Star Textile factory – Mahama
Money
Policy
Opportunity
Growth
Key Points
- President Mahama announced plans to source cotton from Benin to revive Volta Star Textile Limited.
- An MoU is being prepared with Benin to ensure a consistent supply of cotton for the factory.
- This move is part of the government's broader strategy to restore the dormant textile company through strategic investment and reliable raw materials.
- A strategic investor has been identified, with the evaluation process completed and selection imminent to rehabilitate the factory.
- The revival of Volta Star Textile Limited is central to Ghana's industrialization agenda, the Volta Economic Corridor, and is expected to create jobs and stimulate local economic activity.
Why This Matters
This initiative is significant for Ghana as it represents a concrete effort to revitalize a key industrial asset, Volta Star Textile Limited, which has been dormant. The successful revival could boost local manufacturing, create much-needed employment opportunities in Juapong, and strengthen Ghana's textile sector, aligning with the government's broader industrialization and economic development plans.
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