Bilateral trade between the United States and Ghana grew by 48 per cent in 2010, reaching almost $1.3 billion. US investment in Ghana is currently valued at nearly $1 billion and is likely to increase as new economic opportunities materialise, as exemplified in the recently-inaugurated direct flight route between Accra and Washington D.C.

92 per cent of Ghana's exports to the US enter duty-free under preferential trade agreements such as the Generalised System of Preferences (GSP) and African Growth and Opportunity Act (AGOA).

Ghana is exporting a growing range of products from cash crops like cocoa, cassava, mangoes and papaya. In 2010, over $800,000 in textiles was exported while Ghanaian farmers exported almost $48 million in goods to the US under AGOA - in both cases more than double the amount during the same period in 2009.

Meanwhile the US-funded West Africa Trade Hub in Accra continues to provide resources for economic development and job creation in 21 west African countries. In 2009 the trade hub facilitated over $20 million in exports, drew investment of more than $1 million, trained some 2,300 entrepreneurs and provided technical assistance to 700 firms.

Wanted in Africa
Wanted in Africa
Wanted in Africa, part of the Wanted Worldwide network, is a website in English for expatriates in Africa established in 2006. We cover Europe's news stories that may be of interest to English speaking residents along with tourists as well. Our publication also offers classifieds, photos, information on events, museums, churches, galleries, exhibits, fashion, food, and local travel.
Previous article Egypt’s museums reopen
Next article Sugar seminar in Dar es Salaam