The Ministry of Trade, Agribusiness and Industry has secured a €415,437.78 grant under the PharmaVax Programme to strengthen Ghana’s pharmaceutical industry and position the country as a leading pharmaceutical manufacturing hub in West Africa.
The programme is designed to improve governance in the pharmaceutical sector, enhance collaboration between government and industry players, attract foreign direct investment, and promote transparency in investment and regulatory processes.
Speaking at a stakeholder meeting in Accra on Thursday, June 25, 2026, the Director of Administration at the Ministry, Yaw Sakyi, who represented the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, reaffirmed the government’s commitment to developing a competitive pharmaceutical manufacturing sector.
He said the government’s pharmaceutical policy will provide the necessary implementation framework to drive industry growth and improve the country’s capacity for local drug production.
Mr. Sakyi expressed appreciation to the European Union and the German Federal Ministry for Economic Cooperation and Development for providing the €415,437.78 grant to support the implementation of the PharmaVax Programme.
Head of the Pharmaceutical Manufacturing Development Unit at the Ministry, Godfred Gobah, said the Ministry will work closely with the private sector and participate in both local and international events to increase the visibility of Ghana’s pharmaceutical industry and create new market opportunities for local manufacturers.
According to him, the programme is expected to lay the foundation for achieving key targets by 2030, including doubling the value of Ghana’s pharmaceutical exports within the ECOWAS market and increasing the share of locally manufactured pharmaceutical products from 30 percent to 60 percent.
The Ministry, in collaboration with GIZ Ghana, the European Union and other development partners, says it remains committed to building a strong ecosystem that will support sustainable growth and competitiveness in Ghana’s pharmaceutical sector.
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