Government Recruiting Transaction Advisors to Assess Defunct SOEs
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has disclosed that transaction advisors are being recruited to undertake assessments of defunct state-owned enterprises (SOEs) as part of efforts to revive idle public assets.
She said that in the case of the Komenda Sugar Factory, interim management has already commenced a technical evaluation of the facility.
Madam Ofosu-Adjare made the disclosure while addressing the Government Accountability Series on Wednesday, January 21.
She further revealed that the Ghana EXIM Bank disbursed a total of GH¢304 million in 2025, of which GH¢107 million has been recovered, with additional efforts underway to retrieve legacy loans.
According to the Minister, government is also exploring capital market options to unlock funding for stalled projects.
“Plans are underway to raise up to US$200 million from the capital markets to complete stalled projects and protect existing investments,” she said.
Touching on export development, Madam Ofosu-Adjare highlighted several interventions aimed at boosting non-traditional exports.
She said the Ghana Export Promotion Authority (GEPA) supported out-growers with more than 211,000 coconut seedlings, two million pineapple suckers and other planting inputs to scale up export-oriented production.
In addition, she noted that 91 small and medium-sized enterprises (SMEs) and seven horticultural associations secured export orders valued at US$350 million through participation in major international trade fairs.
She added that about 150 SMEs in the handicrafts and manufacturing sectors generated over US$250 million in export value through global buyer-seller digital platforms.
The Minister also pointed to milestones achieved in export diversification, including Ghana’s first-ever export of mangoes by road to Morocco and the country’s participation in showcasing digital services exports at GITEX Dubai.
