Ghana is making moves to reduce its import dependency with the launch of a $40 million pasta manufacturing plant by Olam Agri near Tema.
The facility, completed ahead of schedule, will produce up to 40% of Ghana’s pasta needs—a market previously met entirely by imports that cost an estimated $140 million between 2021 and 2024.
With 300 direct jobs and nearly 1,000 indirect positions created, the economic ripple effects are already real. Trade Minister Elizabeth Ofosu-Adjare called every ton produced locally “a dollar preserved in our foreign reserves.”
The plant joins a wave of new industrial investments including a $250 million glass facility and a $110 million cement plant, signaling Ghana’s serious intent to become West Africa’s manufacturing hub.
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The financing is designed to cushion energy costs while supporting Botswana’s private-sector and jobs reforms.