Home » Ghana-Togo Port Deal to Generate $25 Million Annually

Ghana-Togo Port Deal to Generate $25 Million Annually

by Adedotun Oyeniyi

KEY POINTS


  • Ghana’s $150M port modernisation enables lucrative deal granting Togo access to Tema and Takoradi facilities
  • Agreement expected to yield $25M yearly for Ghana while improving Togo’s trade logistics capacity
  • Regional experts cite deal as model for West African cooperation, though Nigeria faces competitive pressure

Ghana has solidified its position as West Africa’s maritime hub in a port deal through a groundbreaking bilateral agreement with Togo that will generate over 150 million modernisation program that increased cargo capacity by 30% and reduced processing times by 25%.

Richard Manu, Head of Regional Administration at Ghana Ports and Harbours Authority (GPHA), highlighted the strategic importance of the partnership: “This bilateral agreement not only solidifies Ghana’s leadership in West African port infrastructure but also strengthens our trade relations with Togo.” 

Nigerian Tribune reports that the upgraded facilities now feature advanced cargo tracking systems and automated warehousing solutions that have become the regional benchmark, outperforming neighboring Nigeria’s congested ports.

Modernised port infrastructure positions Ghana as West Africa’s maritime leader

The agreement comes as regional trade volumes surge, with ECOWAS officials praising the collaboration. Samuel Nyarko, an ECOWAS trade specialist, noted: “This partnership sets a precedent for regional collaboration in trade and infrastructure development.” However, the deal has raised concerns among Nigerian logistics experts who warn that Lagos ports risk losing competitiveness without similar upgrades.

Industry analysts project the arrangement will significantly boost Togo’s import-export capabilities while providing Ghana with stable revenue streams. The partnership also establishes a framework for future regional maritime cooperation, with Ghana positioned to potentially service other landlocked neighbors. As West Africa’s trade corridors expand, this agreement marks a pivotal shift toward infrastructure-driven economic integration in the region.

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