John Dramani Mahama commends Trade Minister during Kasapreko tour

President John Dramani Mahama has commended the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, for her proactive engagement with Ghana’s manufacturing sector. Speaking during a tour of industrial facilities at Kasapreko Plc on October 8, 2026, the President highlighted the Minister’s effectiveness in identifying and addressing the operational challenges faced by local businesses. He noted that the recent redesignation of the ministry to include Agribusiness and Industry was specifically intended to provide a more robust platform for industrial advocacy and growth.

During the visit, Minister Ofosu-Adjare described President Mahama as the "Commander-in-Chief of Industry," attributing the country's supportive environment for production and exports to his leadership. The tour highlighted the significant progress of Kasapreko Plc, which recently demonstrated its market strength by raising GH‵1.72 billion through an Initial Public Offering (IPO). This capital injection is expected to bolster the company's expansion and improve its access to long-term funding, further cementing its position as a leader in the manufacturing space.

Beyond immediate industrial gains, President Mahama used the occasion to address a critical issue facing indigenous enterprises: business continuity. He urged Ghanaian entrepreneurs to prioritize succession planning, observing that many local businesses struggle to survive after their founders retire. He praised Kasapreko for its successful leadership transition and expanding market reach, pointing to the company as a model for other local firms. By establishing formal structures, the President argued, businesses can ensure long-term stability and contribute to the national economy across multiple generations.

The President concluded by reaffirming his government’s commitment to fostering a favorable economic climate that attracts foreign investment while empowering local industries. He emphasized that the growth of companies like Kasapreko is essential for creating sustainable jobs for the youth and reducing the country's reliance on imports. As the manufacturing sector continues to evolve, the government remains focused on maintaining close collaboration with industrial stakeholders to drive the national industrialization agenda forward.