business

Ghana and Burkina Faso seek stronger trade and industrial cooperation at SIAO 2026

Ghana and Burkina Faso seek stronger trade and industrial cooperation at SIAO 2026

Ghana has reaffirmed its commitment to strengthening trade and investment relations with Burkina Faso through a proposed bilateral trade agreement aimed at promoting industrial cooperation, cross-border trade and value addition. Madam Ofosu-Adjare disclosed that formal trade between Ghana and Burkina Faso exceeded US$1 billion last year.

Ghana has reaffirmed its commitment to strengthening trade and investment relations with Burkina Faso through a proposed bilateral trade agreement aimed at promoting industrial cooperation, cross-border trade and value addition.

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, announced this during the opening ceremony of the 18th International Arts and Crafts Fair of Ouagadougou (SIAO 2026) on Friday, October 30.

Delivering the Guest of Honour address, she highlighted opportunities for the two countries to collaborate in handicrafts, agro-processing, shea, cotton, leather and agricultural value chains.

Ghana, which is participating as Guest of Honour alongside Mali and Niger, is showcasing products from all 16 regions at the fair.

The exhibition features a range of Ghanaian products, including Kente, Adinkra, fugu, Bolgatanga baskets, beads, pottery, leather goods and contemporary fashion.

Madam Ofosu-Adjare disclosed that formal trade between Ghana and Burkina Faso exceeded US$1 billion last year.

She stressed the need to strengthen border management, harmonise product standards and facilitate the movement of goods between the two countries to further expand trade.

The proposed bilateral agreement is expected to provide a framework for advancing cooperation and creating opportunities for businesses in both countries.

  • trade
  • ghana
  • burkina
  • faso
  • cooperation
  • siao
  • country
  • product

Summaries and tags are generated automatically. Stay informed with VidiaNews.

Related news

Ghana woos Polish investors with access to African markets
business

Ghana woos Polish investors with access to African markets

Ghana has urged Polish and other European businesses to invest in the country, citing its democratic stability, access to African markets and improving economic conditions as key advantages. Mr Ahi also highlighted Ghana’s role as host of the Secretariat of the African Continental Free Trade Area (AfCFTA), describing it as a strategic advantage for businesses seeking access to the wider African market.

Read →
Trade Ministry launches pharmaceutical policy to double local medicine production
politics

Trade Ministry launches pharmaceutical policy to double local medicine production

The government has launched the Cabinet-approved Ghana Pharmaceutical Manufacturing Policy, seeking to double domestic medicine production, create skilled jobs and position the country as a leading pharmaceutical manufacturing hub in West Africa. The launch brought together representatives from key institutions involved in the policy’s implementation, including the Ministry of Health, Ministry of Finance, Food and Drugs Authority, National Vaccine Institute, Development Bank Ghana, GIZ, the World Health Organisation and the European Union.

Read →
Ghana and Poland explore investment opportunities and security cooperation
business

Ghana and Poland explore investment opportunities and security cooperation

Ghana and Poland have reaffirmed their commitment to strengthening bilateral relations, with discussions focusing on trade, investment, industrial development, technology, education and security. The commitment was reiterated when Deputy Minister for Foreign Affairs, James Gyakye Quayson, met Poland’s Undersecretary of State for Foreign Affairs, Wojciech Zajaczkowski, at the Ministry of Foreign Affairs in Accra on Thursday, October 29, 2026.

Read →
Yazz sanitary pad samples meet GSA microbiological standards – Lexta Ghana
business

Yazz sanitary pad samples meet GSA microbiological standards – Lexta Ghana

Lexta Ghana Limited, manufacturers of Yazz sanitary pads, says product samples submitted to the Ghana Standards Authority (GSA) for independent microbiological assessment have met the acceptable limits under Ghana Standard GS 1248:2019. Lexta Ghana reiterated its commitment to transparency, accountability, responsible product development and consumer wellbeing.

Read →
Namibia President urges Africa to harness natural resources, youth for global influence
business

Namibia President urges Africa to harness natural resources, youth for global influence

Namibian President Netumbo Nandi-Ndaitwah says Africa must harness its vast natural resources and youthful population to strengthen its economic power and influence global decisions, rather than allow others to determine the continent’s future. In an interview on Diplomatic Affairs with Harriet Nartey on Joy Prime, President Nandi-Ndaitwah said Africa must recognise its strengths and take greater responsibility for shaping the rules governing its participation in the global economy.

Read →
Only 7.7% of Ghana’s 2.64m businesses operate formally – Government Statistician
business

Only 7.7% of Ghana’s 2.64m businesses operate formally – Government Statistician

Government Statistician Dr Alhassan Iddrisu says only 7.7% of Ghana’s 2.64 million businesses were operating formally in 2024, highlighting persistent challenges in business formalisation and job creation. Publication aims to support evidence-based policymaking Ghana in Numbers 2025 consolidates statistics on population, social development, governance, the environment and the Sustainable Development Goals into a single publication.

Read →