This webinar will highlight the impressive steps in the development of Ghana’s auto sector. Following reforms to investor policy framework in 2020, global automotive manufacturers have made substantial moves into Ghana, setting up assembly plants either directly, through joint ventures, or through licensing agreements. These include Volkswagen, Suzuki, Nissan, Toyota and Peugeot, amongst others.
Estimated investments of over $50 million have been realised, with exports into the ECOWAS region now commencing. The estimated total current market for the automotive sector in Ghana is £4 billion, but this is estimated to grow to £11 billion in the coming years.
The UK and Ghana Governments are keen to build on this success: both by extending manufacturing in Ghana to the auto component sector, and by taking every opportunity to build partnerships.