Business
Switzerland-based Ghanaians Explore Investment Opportunities Back Home as Embassy Strengthens Ties
BERNE, March 11, 2026 – Switzerland-based Ghanaians are positioning themselves as strategic investors in Ghana’s economic transformation following a dedicated Independence Day engagement that explored concrete opportunities in manufacturing, agribusiness, and technology transfer.
The event, hosted by Ghana’s Ambassador to Switzerland, Professor Esi Awuah, brought together members of the Ghanaian diaspora from across the Swiss Confederation to discuss how their capital, expertise, and global networks can drive investment into priority sectors of Ghana’s economy.
Professor Awuah, who has been actively building bridges between Swiss investors and Ghana’s development agenda since her appointment, used the 69th Independence Anniversary celebration to outline the investment incentives and institutional support available to diaspora investors.
Beyond remittances: a call for productive investment
Speaking at the gathering, the Ambassador emphasised that while remittances remain vital, the diaspora’s potential extends far beyond sending money home for household consumption.
“The Ghanaian community abroad plays a critical role in shaping the future of our nation. Beyond remittances, your expertise, innovation, and engagement in global spaces help position Ghana as a competitive and forward-looking country,” Professor Awuah told attendees.
This message aligns with the government’s broader strategy to channel diaspora resources into productive ventures. The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, recently urged Ghanaians abroad to invest remittances into business enterprises, noting that diaspora remittances have consistently outperformed foreign direct investment inflows.
What Ghana offers diaspora investors
Participants at the Berne event explored Ghana’s comprehensive investment incentive framework, which includes:
- Tax holidays of up to 10 years for companies in agriculture, manufacturing, and tourism sectors
- Reduced corporate tax rates of 20% for businesses located outside Accra and Tema, with rural enterprises enjoying rates as low as 10%
- Customs duty exemptions on imported machinery, equipment, and raw materials for production
- Free Zones incentives including a 10-year corporate tax holiday, exemption from import and export duties, and the right to repatriate capital and profits freely
- Legal protections against expropriation, with guarantees for transferring profits and dividends out of Ghana without restrictions
The Ambassador also highlighted Ghana’s removal of minimum capital requirements for foreign investors and the country’s strong dispute resolution framework as a member of the International Centre for Settlement of Investment Disputes (ICSID) .
Priority sectors for diaspora engagement
Discussions at the event identified several priority areas where Switzerland-based Ghanaians can make significant impact:
- Manufacturing and agro-processing: Leveraging Ghana’s five-year tax holiday for agro-processing businesses and duty-free import of raw materials
- Technology and innovation: Tapping into Ghana’s digital transformation agenda and the African Continental Free Trade Area (AfCFTA) market of 1.4 billion people
- Real estate and hospitality: Benefiting from tourism sector incentives and Ghana’s position as a regional business hub
- Healthcare and green industrialisation: Aligning with government priorities in climate-smart agriculture and sustainable development
Building on growing Ghana-Switzerland economic ties
The diaspora investment push comes amid strengthening economic cooperation between Ghana and Switzerland. Just last month, the Swiss State Secretariat for Economic Affairs (SECO) joined the Ghana Investment Support Programme (GhISP) as a supporting partner, committing to expand access to capital for Ghanaian small and medium-sized enterprises.
Magdalena Wuest, Head of Cooperation at SECO, described the partnership as a “celebration of shared purpose and collective commitment to strengthening Ghana’s private sector,” adding that Switzerland is committed to ensuring “enterprise investment and opportunity can flourish in a way that is inclusive, resilient and sustainable”.
The GhISP-SECO partnership, powered by British International Investment, aims to address Ghana’s estimated $4.8 billion SME financing gap – one of the largest in Africa – by strengthening investment flows to underserved businesses.
From dialogue to action
Professor Awuah’s engagement with the diaspora community follows a series of high-level interactions aimed at translating dialogue into measurable outcomes. In February, she attended the WAIPA High-Level Forum on Finance, Technology, and the Future of Investment Promotion in Zurich, where a clear message emerged: “Investors seek stability, predictability, and strong governance frameworks that safeguard their capital while delivering sustainable returns” .
“Confidence is the new currency of global investment,” the Ambassador noted at the time, emphasising that Ghana has made “significant strides in strengthening macroeconomic stability and reinforcing its investment climate”.
The Ambassador has also been actively supporting diaspora entrepreneurs on the ground, recently visiting Ghanaian-owned businesses in Berne, including the Tropical Zone Shop owned by Nana, a young Ghanaian entrepreneur, and meeting with Afia, a first-generation Ghanaian running a sustainable enterprise.
A strategic moment for diaspora investment
The embassy’s push for diaspora investment comes at a pivotal moment for Ghana’s economy. President John Dramani Mahama attended the World Economic Forum Annual Meeting in Davos in January, using the platform to engage global investors and project Ghana’s development agenda to an international audience.
With Ghana positioning itself as a manufacturing hub under the AfCFTA, and with the government pursuing an export-led industrial strategy that includes new cashew processing factories and an Automotive Component Manufacturing Development Policy, diaspora investors are being urged to seize the moment.
Next steps
Participants at the Berne event discussed concrete follow-up actions, including:
- Establishing direct linkages between Switzerland-based investors and Ghana’s investment promotion agencies
- Exploring matchmaking opportunities with Ghanaian businesses seeking capital and technical partnerships
- Developing structured investment vehicles that allow diaspora Ghanaians to pool resources for larger projects
The Embassy reaffirmed its commitment to providing tailored information and advisory services through its diaspora engagement channels, working in collaboration with GIPC’s dedicated Diaspora Desk and the AfCFTA Desk, which supports investors with opportunities under the continental free trade area.
As Ghana marks 69 years of independence, the message from Berne was unequivocal: the diaspora is not merely a source of remittances but a strategic partner in building a prosperous, resilient nation. The challenge now lies in converting dialogue into deals – and ensuring that the expertise and capital of Ghanaians abroad find productive homes in the industries that will shape Ghana’s future.
Harriet Nartey contributed to this report
Business
‘Afritude’ to the World! Meet The Woman Building Africa’s First Global Sports Brand
For decades, African nations have produced world-class athletes and champions on the global stage. But according to one entrepreneur, the continent has yet to produce the one thing that could transform its sports economy: a world-class brand of its own.
Nina Baksmaty Djamson, founder of Afritude, is on a mission to change that. Her company is attempting to disrupt the global sports industry through fashion, designing and manufacturing athletic apparel on the African continent for African teams—and, she hopes, eventually for the world.
“Africa has produced world champions. Now it’s time to produce world-class sports brands,” Djamson wrote in a social media post announcing the venture. “For too long we’ve worn everyone else’s story. Afritude is our attempt to change that. Not just to play the game. To own it.”
From Consumer to Creator
In a video accompanying the announcement, Djamson laid out the problem she sees at the heart of African sports culture.
“My name is Nina, and I’m the woman trying to disrupt the global sports industry through fashion,” she said. “For decades, every time we wear Nike, Adidas, or Puma, we are promoting somebody else’s culture, building someone else’s economy, and advertising someone else’s story, often for free.”
The question she asked herself was simple but profound:
What would it look like if Africa built its own?”
The answer is Afritude.
Designed in Africa, Made in Africa
According to Djamson, Afritude has already designed World Cup jerseys for three African countries. Crucially, she says more than 90% of the company’s spending has gone directly back to people on the African continent—from production and manufacturing to creative talent.
“This is not charity,” Djamson emphasized. “This is ownership. This is dignity. This is representation.”
The model stands in stark contrast to the traditional sports apparel industry, where global giants manufacture in low-cost countries outside the continent while selling branded merchandise to African consumers. Afritude aims to keep both the creative and economic value within Africa.
Playing With Dignity

Before becoming a major company, Afritude is already preparing to give back. Djamson announced that the brand plans to donate more than a thousand “chain guards and chain socks” to children.
“Every child deserves to play with dignity,” she said.
The gesture reflects a broader philosophy: that sports apparel is not just about performance or fashion, but about self-respect and representation. For young athletes across the continent, wearing locally designed and locally made gear could carry a different kind of meaning.
An Invitation to Own the Game

Djamson closed her announcement with a call to action directed at Africans everywhere.
“And if you believe Africa should build for itself, wear for itself, and profit from itself, welcome to Afritude,” she said. “Don’t forget to get your jersey.”
The brand’s website, www.Afritudeclo.com, features jerseys and apparel that draw on African aesthetics, colors, and design traditions. While still in its early stages, Afritude represents an ambitious attempt to carve out space for African-owned, African-made products in a global sports market dominated by Western and Asian conglomerates.
A Bigger Movement
Djamson’s initiative aligns with a growing pan-African movement toward economic self-determination. From music and film to fashion and technology, a new generation of African entrepreneurs is asking not just for a seat at the table, but for the ability to build their own tables.
In sports, where Africa’s talent has long been celebrated while its economic returns have often flowed elsewhere, Afritude offers a different vision: one where the continent’s athletes wear their own stories, advertise their own economies, and profit from their own success.
“Africa has produced world champions,” Djamson wrote. “Now it’s time to produce world-class sports brands.”
The game, she believes, is just beginning.
Business
US Eyes AI, Drones, and Rural 5G as Next Frontier in Ghana Partnership
The United States is positioning emerging technologies including artificial intelligence, drone logistics, and rural 5G connectivity as the next frontier in its bilateral relationship with Ghana.
The move signals a strategic shift from traditional aid toward investment-driven partnership, Chargé d’Affaires Rolf Olson has announced.
Speaking at a celebratory event marking the 250th anniversary of American independence, Olson declared that the U.S.-Ghana relationship is entering a new phase defined by “not dependence, but resilience” and “a two-way exchange of investment, innovation, and expertise.”

While acknowledging ongoing changes to the US foreign assistance framework, he emphasized that America remains the largest financial contributor to health emergencies across Africa — including $200 million to the current Ebola response — but pointed to commercial technology ventures as the model for future collaboration.
“As we greet this next phase of our partnership, we see enormous potential for U.S.-Ghana collaboration and commerce in emerging sectors – from digital technology to artificial intelligence, from advanced agriculture to cutting-edge energy techniques,” Olson told an audience of government officials, diplomats, and business leaders in Accra. “Ghana’s young innovators are positioned well to seize these types of opportunities.”
The Chargé d’Affaires highlighted concrete examples of technology-driven partnerships already underway.
He cited Zipline’s drone delivery network, which has completed 800,000 medical deliveries in Ghana since 2019, saving an estimated 10,000 lives, including 1,600 through emergency transport of snake anti-venom alone.
He also revealed US support for deploying “cutting-edge wireless technology at hundreds of base stations across Ghana,” aimed at expanding rural connectivity and bridging the digital divide across West Africa.
Olson framed the vision within a broader narrative of economic self-sufficiency, noting that more than 100 American companies are active in Ghana across energy, technology, and agriculture.
He pointed to Newmont, the single largest taxpayer in Ghana, where 99% of the workforce, including the Country Manager, is Ghanaian. Bilateral trade in goods and services reached approximately $4 billion last year, a figure Olson said “can grow.”
The diplomatic push comes alongside deepened security cooperation. Olson confirmed that just this week, US law enforcement handed over Sedina Tamakloe Attionu to Ghanaian authorities, fulfilling an extradition request, while Ghana has extradited multiple individuals wanted in the US for cyber-related fraud that has stolen tens of millions of dollars from American victims.
Reflecting on the historical ties that bind the two nations, from Richard Nixon meeting Martin Luther King Jr. in Accra in 1957 to Ghana being the first country to welcome Peace Corps volunteers in 1961, Olson concluded that the relationship is now mature enough to pivot toward technology, trade, and mutual resilience.
“Two hundred and fifty years into America’s independence and nearly 70 years into Ghana’s, we look to the future with optimism, confidence, and renewed purpose,” he said.
Business
How Ghana Is Selling Itself as Africa’s Factory Floor for Belarus
President John Dramani Mahama has positioned Ghana as a manufacturing and distribution gateway for Belarusian industry, pitching the country as a strategic entry point to Africa’s unified market of 1.4 billion people under the African Continental Free Trade Area (AfCFTA).
Speaking at the maiden Ghana–Belarus Business Forum in Minsk, President Mahama announced that Belarusian manufacturers of mining equipment will visit Ghana next week, following an agreement between both nations.
The visit signals a potential shift in how Belarusian heavy industry could serve African markets – not merely through exports from Eastern Europe, but through locally established operations within Ghana.
“The investors who establish operations in Ghana gain access not only to a domestic market of 34 million people, but also to the wider African market through the AfCFTA,” President Mahama told the forum. He noted that the trade bloc covers 1.3 billion people with a combined gross domestic product of US$1.3 trillion.
The President’s pitch rests on three pillars: market access, infrastructure investment, and regulatory stability. He highlighted Ghana’s US$10 billion five-year Big Push Infrastructure Programme, which prioritizes roads, railways, ports, airports, energy systems, and logistics networks.
These investments, he said, are designed to improve connectivity, reduce business costs, and enhance competitiveness for firms that establish local manufacturing or assembly operations.
“Investors today seek certainty, stability, and market access, and I can assure you Ghana provides all these three,” Mahama stated. “Our political credentials are strong, our legal and regulatory systems are transparent, investor protection is robust, and we guarantee repatriation of profits.”
The President also noted that Belarusian companies possess relevant expertise in transport infrastructure, power systems, industrial parks, logistics, road construction, railway development, and renewable energy – all sectors where Ghana is actively seeking foreign partnership.
For Belarus, a nation under sustained Western sanctions, deepening economic ties with Ghana offers an alternative channel to participate in one of the world’s fastest-growing continental markets. Rather than exporting finished mining equipment from Minsk, Belarusian manufacturers could establish assembly plants or joint ventures in Ghana, taking advantage of AfCFTA rules to distribute across the continent without the tariff barriers that would apply to direct exports from Europe.
President Mahama framed the opportunity in unequivocal terms: “For businesses seeking a strategic gateway into Africa, Ghana remains one of the continent’s most attractive destinations.”
The upcoming visit by Belarusian manufacturers will test whether that pitch translates into concrete investment. Industry observers will be watching for announcements on local assembly facilities, technology transfer agreements, and the scale of Belarusian commitment to Ghana’s industrialization agenda.
If successful, the partnership could serve as a template for how other non-African manufacturing nations – particularly those from Eastern Europe and Asia – use Ghana as a beachhead to serve the continent’s rapidly growing demand for industrial equipment, infrastructure inputs, and heavy machinery. If not, the visit may produce little more than diplomatic communiqués.
For now, Ghana has made its case. The next move belongs to Belarus.
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