• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
Home Business

Ghana signs two China-backed EV deals to accelerate local vehicle assembly

Simon Osuji by Simon Osuji
January 22, 2026
in Business
0
Ghana signs two China-backed EV deals to accelerate local vehicle assembly
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

The push builds on earlier engagements with Chinese automakers and has now entered a more advanced phase.

Speaking at the Government Accountability Series on January 21, 2026, Minister of Trade, Agribusiness and Industry Elizabeth Ofosu-Adjare said the government had signed a memorandum of understanding with China’s Shenzhen New Jekyll to establish an EV assembly plant in Ghana.

“They are already in Ghana, they have acquired land, and development is far advanced for the factory to begin operations,” Ofosu-Adjare said, signalling that the project has moved beyond preliminary negotiations.

She added that the ministry is also in discussions with Chery International, one of China’s major automobile exporters, to set up an additional EV assembly plant following engagements at the China-Africa Summit.

Ghana's trade minister, Elizabeth Ofosu-Adjare confirmed the MOU signed by the government with the Chinese firms

What Ghana’s EV push means for its economy

Ghana’s EV ambitions form part of a broader strategy to reposition the country as a manufacturing hub in West Africa while supporting its climate and energy transition goals.

Chinese manufacturers are playing a central role in this strategy. China dominates the global EV supply chain, from battery technology to affordable vehicle production, and is increasingly targeting emerging markets as growth slows in Europe and North America.

For Ghana, partnering with Chinese firms offers access to technology, capital, and manufacturing expertise without the heavy upfront research and development costs.

Industry analysts note that the success of Ghana’s EV push will depend on scaling power infrastructure, expanding charging networks, and keeping EVs affordable for consumers.

If executed effectively, Ghana’s strategy could help anchor a domestic automotive ecosystem and position the country as a reference point for electric mobility in West Africa, at a time when African countries are competing for a share of the global EV value chain.

Source link

Previous Post

Acting finance min. stresses boosting Kuwait’s int’l economic presence

Next Post

We Are Witnessing the Self-Immolation of a Superpower

Next Post
We Are Witnessing the Self-Immolation of a Superpower

We Are Witnessing the Self-Immolation of a Superpower

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

  • Mahama attends Liberia’s 178th independence anniversary

    Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.