The Ghana Investment Promotion Centre (GIPC) and the Japan External Trade Organisation (JETRO) have signed a two-year Memorandum of Understanding (MoU) aimed at fostering robust business and investment relations between Ghanaian and Japanese enterprises.
The agreement, signed at Yokohama at the ninth Tokyo International Conference on African Development (TICAD-9), Japan, marks a significant milestone in bilateral cooperation, positioning both nations to leverage their economic strengths and explore mutually beneficial opportunities.
Under the MoU, GIPC and JETRO will designate focal persons to serve as liaison officers, ensuring seamless communication and support for companies seeking cross-border partnerships.
The two organisations will also co-develop sector-specific reports to spotlight investment opportunities, which will be published on their respective websites to attract interest from businesses in both countries.
Annual or bi-annual investment consultation meetings, seminars, trade missions, and exchange programs are also set to become a cornerstone of the partnership, providing a platform to assess progress, share insights, and align on strategic priorities.
GIPC will also play a pivotal role in connecting Japanese firms with Ghanaian businesses, offering up-to-date market intelligence and facilitating introductions. In turn, JETRO will support Ghanaian companies in navigating the Japanese market and providing access to key data and potential collaborators.
In his remarks, the Chief Executive Officer (CEO) of GIPC, Mr Simon Madjie, described the MoU as a testament to Ghana’s commitment to global investment integration, adding, “We are excited about the prospects this MoU opens up for Ghanaian businesses to engage with Japan’s dynamic economy.”
The Director General of JETRO in Ghana, Mr Tsubasa Nakagawa, on his part, emphasised Japan’s interest in expanding its footprint in Africa through strategic alliances, saying, “Ghana presents a vibrant and promising market. Through this MoU, we aim to build bridges that lead to sustainable growth and innovation.”
BY KINGSLEY ASARE