The Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, has reaffirmed government’s commitment to strengthening Ghana’s industrial base, stabilising prices and promoting import substitution following a tour of three manufacturing firms at the Tema Free Zones Enclave.
The visit, held on Monday, 26 January 2026, took the Minister and her team to CBI Ghana Limited (Supacem Cement), Ciments de L’Afrique Ghana Limited (CIMAF), and Rider Steel. The exercise formed part of efforts to assess operational capacities, understand cost drivers and deepen collaboration between government and industry to ensure quality production at affordable prices for Ghanaians.
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At CBI Ghana Limited, producers of Supacem Cement, management outlined the company’s progress since its establishment in 2016, noting investments of about US$145 million in Ghana. The company highlighted its adoption of calcined clay (LC3) technology, which has reduced reliance on imported clinker, lowered production costs and saved foreign exchange.
Hon. Ofosu-Adjare commended the firm’s focus on research, innovation, environmental sustainability and local value addition, describing the approach as aligned with government’s import substitution agenda. She stated that reducing imports strengthens the economy, creates jobs, saves foreign exchange and benefits consumers through better pricing, adding that government would continue to facilitate interventions, particularly in the energy sector, to help industries lower production costs. She also praised the company’s decision to maintain stable cement prices despite cost pressures, emphasising government’s commitment to balancing industry profitability with consumer protection.
Accompanied by Deputy Minister Hon. Sampson Ahi, the Minister visited CIMAF Ghana, where management disclosed that the company operates one of the largest cement grinding capacities within its pan-African group, with installed capacity of 2.2 million metric tonnes. CIMAF indicated its readiness to support Ghana’s infrastructure and construction needs as demand grows.
Discussions at CIMAF covered pricing, quality assurance, safety standards, gender inclusion and the impact of macroeconomic factors on production costs. Hon. Ofosu-Adjare noted that recent stability of the cedi should translate into benefits for both industry and consumers, stressing government’s resolve to collaborate with manufacturers on challenges including energy costs and access to raw materials. She emphasised the need for a balanced outcome where industry secures returns on investment and consumers receive quality products at competitive prices.
At Rider Steel, the Minister underscored government’s industrial policy measures to ensure steady access to raw materials for local manufacturers. She cited the decision to ban the export of ferrous and non-ferrous scrap metals as a step intended to supply local industries and enable them to operate closer to installed capacity.
Hon. Ofosu-Adjare expressed satisfaction with Rider Steel’s operations, including its use of ferrous and non-ferrous inputs and commitment to staff welfare and job creation. She reiterated government’s readiness to engage steel manufacturers to maintain price stability while enforcing standards.
Across the facilities, the Minister maintained that a vibrant private sector remains central to Ghana’s industrialisation agenda, adding that government will continue providing policy support, facilitating inter-agency collaboration and promoting innovation to build a resilient and competitive manufacturing sector.
