Categories: News

Ghana opens $40m pasta factory to cut imports

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.

Montage Africa

Recent Posts

Malaria’s impact goes beyond recovery

ENTEBBE, Uganda, 27 October 2026 -/African Media Agency(AMA)/ - When nine-year-old James Ssemambo developed severe…

6 hours ago

SAP Empowers AI Developers to Build What Matters and Turn Intent into Autonomous Execution

International Space Station’s use of tabular AI and expanded partnerships demonstrate the art of the…

6 hours ago

Malaria vaccine price deal could save $50m and widen access

UNICEF says a conditional deal could lower the RTS,S malaria vaccine price by about 40%…

10 hours ago

Zambia’s economy grew 5.2% in 2025, AfDB report says

An African Development Bank report points to faster growth while warning that Zambia still faces…

10 hours ago

South Africa green-skills project maps jobs linked to clean energy

A partnership backed by a $1 million grant is mapping skills demand and planning local…

10 hours ago

AfDB approves $503.75m Botswana loan for energy relief and jobs

The financing is designed to cushion energy costs while supporting Botswana’s private-sector and jobs reforms.

10 hours ago