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    Technical issues affecting tax payments being resolved – GRA apologises

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Mahama embarks on 3-day State visit to Singapore to boost trade, investment

by theoverseeronline.com
August 25, 2025
in Business, Economy, National, World
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Mahama embarks on 3-day State visit to Singapore to boost trade, investment
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President John Dramani Mahama has arrived in Singapore to begin the second leg of his two-nation visit, following a successful working trip to Japan where he sealed major cooperation and investment agreements for Ghana.

The three-day State Visit seeks to deepen bilateral ties, boost trade and investment, and open new fronts in education, science, innovation, agribusiness, urban development, and the digital economy.

While in Singapore, President Mahama will hold talks with President Tharman Shanmugaratnam and Prime Minister Lawrence Wong.

He will also deliver the keynote address at the 8th Africa–Singapore Business Forum and lead a Ghana-focused Investment and Business Forum to attract Singaporean investors into Ghana’s priority sectors.

Speaking on arrival, President Mahama said: “Ghana and Singapore share a forward-looking outlook anchored in innovation, skills, and enterprise. This visit will translate our shared values into practical cooperation—bringing Singaporean investment and know-how into Ghana’s priority sectors while opening new pathways for Ghanaian businesses across Southeast Asia.”

The President is accompanied by Samuel Okudzeto Ablakwa, Minister for Foreign Affairs; Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness and Industry; Haruna Iddrisu, Minister for Education; Joyce Bawah Mogtari, Advisor and Special Aide to the President; Felix Kwakye Ofosu, Minister of State for Government Communications; Simon Madjie, CEO of the Ghana Investment Promotion Centre; and Francis Kwarteng Arthur, CEO of the Ghana Export Promotion Authority.

His visit to Singapore comes on the heels of significant outcomes from his engagement in Japan, where the two countries agreed to revive the Volivo–Dorfor Adidome Bridge project across the Volta River and commence the Kumasi inner-city ring road project.

Ghana also secured a new agreement with Toyota to expand its operations and establish the country as its hub for West Africa, in addition to signing a groundbreaking space cooperation agreement with Japan.

About 300,000 young Ghanaians are expected to benefit from training in areas such as artificial intelligence, biotechnology, green transition, tech startups, and modern agriculture, while new measures to boost rice production were also agreed upon as part of efforts to ensure food security.

Japan further signaled its commitment to industrialization in Africa with a consideration of a \$1.5 billion investment package in the short term.

With these gains secured, President Mahama is expected to use his Singapore visit to build on the momentum by pitching Ghana as a destination for high-value investment and innovation-driven partnerships.

Tags: Ghana NewsMahamaSingaporeTrade and Investment
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