Ghana-Morocco deepen economic ties
• Simon Madjie (seated 4th from left), CEO, GIPC, with the delegation from Morocco
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Ghana-Morocco deepen economic ties

TWENTY-one businesses under Casablanca Finance City Authority (CFC), Morocco’s leading financial and investment hub, have reaffirmed their commitment to strengthening economic ties with Ghana.

During a visit to the Ghana Investment Promotion Centre (GIPC), the Director of Business Development at CFC, Aziz El Khyari, commended Ghana’s economic climate, expressing confidence that Morocco, through CFC, would support Ghana’s growth momentum, given the two countries’ shared commitment to open markets and international investment.

“What we have seen so far is quite impressive, and we believe Morocco can contribute to this growth dynamic since we share the same spirit of openness to international investment,” he stated.

The visit, made by CFC as part of its 2025 West Africa Tour, aimed at strengthening investment links between North and West Africa. 

The delegation, comprising 21 companies operating in areas such as renewable energy, technology, infrastructure, hospitality, and real estate, were in Ghana to assess the business climate and explore emerging opportunities across key sectors. 

The companies expressed interest in sectors such as poultry production, renewable energy and infrastructure development.

Mr Khyari explained that the visit marked an eight-year partnership with GIPC, a collaboration that aimed to channel more international investment into Ghana.

In addition to GIPC, he said, CFC was engaging the Association of Ghana Industries (AGI) and the International Chamber of Commerce Ghana to strengthen cooperation, especially in industrial development.

The Chief Executive Officer (CEO) of the GIPC, Simon Madjie, commended the growing economic cooperation between Ghana and Morocco, indicating that it was a model for intra-African investment collaboration. 

He assured the delegation of GIPC’s full support as they explored opportunities in the Ghanaian market.

He said there were ongoing reforms and flagship initiatives deliberately crafted to make the country the most competitive investment destination in the sub-region.

Productivity

He affirmed the government’s commitment to productivity-led growth, emphasising that the 24-Hour Economy initiative encouraged companies, especially those in priority sectors, to operate around the clock using multiple shifts. 

That, he said, was expected to significantly increase output, expand job creation, and make Ghana more competitive in regional and global markets.

“The 24-Hour Economy and Export Development Programme are designed to support businesses ready to scale up. 

“They provide a framework that allows companies to boost productivity, penetrate export markets, and leverage Ghana’s strategic position in West Africa,” he said.

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