The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has reaffirmed government’s commitment to strengthening Ghana’s industrial base, stabilising prices, and promoting import substitution, following an industry tour of three major manufacturing firms at the Tema Free Zones Enclave on Monday, 26th January, 2026.
The tour, which took the Minister and her team to CBI Ghana Limited (Supacem Cement), Ciments de L’Afrique Ghana Limited (CIMAF), and Rider Steel, 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.
At CBI Ghana Limited, producers of Supacem Cement, management outlined the company’s journey since its establishment in 2016, highlighting total investments of about US$145 million in Ghana. A major highlight was CBI’s adoption of innovative calcined clay (LC3) technology, which has significantly reduced the company’s reliance on imported clinker, lowered production costs, and saved foreign exchange.
Hon. Ofosu-Adjare commended CBI for its strong focus on research, innovation, environmental sustainability, and local value addition, describing the company’s approach as a clear example of the import substitution agenda government is championing. “Reducing imports strengthens our economy, creates jobs, saves foreign exchange and ultimately benefits consumers through better pricing,” the Minister said, adding that government would continue to facilitate interventions—particularly in the area of energy—to help industries lower their cost of production.
She also praised the company’s decision to maintain stable cement prices despite cost pressures, noting that government remains committed to ensuring a fair balance between industry profitability and consumer protection.
In the company of his Deputy Minister, Hon. Sampson Ahi, the Minister also visited CIMAF Ghana, where management disclosed that the company operates one of the largest cement grinding capacities within its pan-African group, with an installed capacity of 2.2 million metric tonnes. CIMAF assured government of its readiness to support Ghana’s infrastructure and construction needs, especially as demand increases.
Discussions at CIMAF centred on pricing, quality assurance, safety standards, gender inclusion, and the impact of macroeconomic factors on production costs. Hon. Ofosu-Adjare noted that the recent stability of the cedi must translate into tangible benefits for both industry and consumers, stressing government’s resolve to work closely with manufacturers to address challenges such as energy costs and access to raw materials. “We want a win-win situation—industry must get a return on investment, and Ghanaians must enjoy quality products at good prices,” she stated.
The final stop was Rider Steel, where the Minister underscored government’s broader industrial policy measures aimed at ensuring steady access to raw materials for local manufacturers. She recalled government’s decision to ban the export of ferrous and non-ferrous scrap metals, a move intended to feed local industries and enable them to operate closer to installed capacity.
Hon. Ofosu-Adjare expressed satisfaction with Rider Steel’s operations, use of both ferrous and non-ferrous inputs, and its commitment to staff welfare and job creation. She reiterated government’s readiness to continue engaging steel manufacturers to maintain price stability while enforcing standards.
Across all three facilities, the Minister emphasised that a thriving private sector remains central to Ghana’s industrialisation drive, adding that government would continue to provide policy support, facilitate inter-agency collaboration, and promote innovation to build a resilient, competitive manufacturing sector.
