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2 clusters · 4 sources · 8 days · First seen · Last updated

Ramky Group investment proposal in Ghana

Overview

India’s Ramky Group has proposed a multi-sector investment of at least US$2 billion in Ghana over a five-year period. The proposal, discussed with the Ghana Investment Promotion Authority, focuses on creating an integrated manufacturing ecosystem across pharmaceuticals, energy, waste management, agriculture, and housing.

A major element of the plan involves the phased development of a 2,000-acre industrial park designed to host manufacturing for textiles, chemicals, food processing, and medical devices. This initiative aims to leverage Ghana’s position within the African Continental Free Trade Area (AfCFTA). Within the energy and waste sectors, the group is exploring a 24-megawatt waste-to-power project alongside specialized facilities for medical and hazardous industrial waste treatment.

Entities

Ghana · John Dramani Mahama · Ghana Investment Promotion Authority · Simon Madjie · Bawku

Timeline

  1. 3 days ago

    [BUSINESS] 4 sources
    Ghana attracts $2 billion Indian investment and northern development funds

    India's Ramky Group plans a $2 billion investment in Ghana's manufacturing sectors, while the government allocates $90 million to revitalize infrastructure in the northern Bawku region.

  2. 10 days ago

    [BUSINESS] 2 sources
    Ramky Group proposes $2bn investment in Ghana

    India’s Ramky Group is exploring a $2 billion investment in Ghana over five years, targeting industrial parks, pharmaceutical manufacturing, and waste-to-power projects.

Sources

cauris.africa · ecofinagency.com · sikafinance.com · thehighstreetjournal.com