Israel is eyeing Ghana’s local production, expressing readiness to partner with indigenous companies for augmentation.
Ms Ayelet Levin Karp, the outgoing Head of Trade and Economic Mission, Embassy of Israel made the announcement and said the move is aimed at enhancing the abilities of Small and Medium-sized Enterprises (SMES) in Ghana to produce for the local economy and reach out to market provided by the African Continental Free Trade Area (AfCFTA). This would be done through the establishment of long-term collaborations between Israeli and Ghanaian companies, knowledge transfer and investment in the agriculture sector.
Agriculture production
She said this on the sidelines of a ceremony to welcome Mr Yaniv Tessel, the incoming Head of Trade and Economic Mission, Embassy of Israel, as Ms Karp ends her tenure of office. Ms Karp noted that there were a lot of opportunities to explore other sectors of the economy through collaborations, particularly agriculture production. Other areas to enhance partnerships between Israel and Ghana included energy, mining, and health.
“There’s so much more that can be done especially producing locally in Ghana. A lot of companies are now into AfCFTA, so, we’re looking at joining hands with local partners to manufacture locally for West Africa and Africa.” Ms Karp said.
The incoming Head of the Trade and Economic Mission, Mr Tessel said that he was enthusiastic about the current Ghana-Israel business relations, which he described as “a foundation” for him to scale up. He pledged to work with all partners of the Mission and establish new relations to increase the number of Israel businesses working in Ghana, as well as trade between the two countries.
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