Ghanaian investors gear up for South Africa Trade Mission

Some Ghanaian investors are expected to embark on a trade mission to South Africa in May.

The trade mission organized by the Ghana South Africa Business Chamber, in collaboration with the South Africa High Commission Ghana and Ghana Investment Promotion Centre (GIPC) is aimed at bridging the trade and investment gap between both countries.

South Africa’s investments in Ghana are estimated at about $5 billion but the figures of Ghana’s investments in the country has not been determined.

But President of the Ghana-South Africa Business Chamber, Ashley Rix noted, “In the last couple of years we’ve seen numerous trade delegations from South Africa, maybe 4 or 5 a year but very few trade delegations going from Ghana to South Africa. It’s something we are really trying to focus and improve on.”

The Ghanaian trade delegation (at least 30 – 40 businessmen/women) will be visiting three South African cities – Johannesburg, Durban and Cape Town from the 21st-27th May, 2017. Each of the trade departments in those cities has organized seminars and business to business meetings.

The Seminars will include topics and discussions of interest for emerging, existing and seasoned businesses.

The delegation will consist of companies representing a selection of sectors such as; Infrastructure development; agriculture and agro-processing; construction, tourism and hospitality management and service sector.

This is the second trade mission organized by the Ghana-South Africa Business Chamber. This is a follow up to last year’s visit, which Mr. Rix described as very successful with positive feedback.

“The South African market is saturated, but there are still opportunities for Ghanaian businesses which want to bring some diversity, something different that South Africa doesn’t have”, Rix added.

Registration ([email protected]) is ongoing for the trade mission which costs $2500 dollars including accommodation, food and transport. The deadline is 6th May, 2017.

Joy Business is a media partner for the trade mission.