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Ghana and Sierra Leone Deepen Economic Ties with New Cooperation Deals

Ghana and Sierra Leone Deepen Economic Ties with New Cooperation Deals
Monday, 27 April 2026 15:15
  • Ghana and Sierra Leone signed six memorandums of understanding and one cooperation agreement across strategic sectors.

  • The partnership aims to boost trade, investment, and job creation within the ECOWAS integration framework.

  • Bilateral trade reached $22 million in 2024, leaving significant room for growth.

Ghana and Sierra Leone signed six memorandums of understanding (MoUs) and one cooperation agreement on Thursday, April 23, in Accra. The two countries concluded these agreements during the first session of the Permanent Joint Commission for Cooperation (PJCC).

Ghana’s Ministry of Foreign Affairs stated that the agreements cover key sectors, including defense, energy, intelligence, the cocoa industry, political consultations, tourism, and healthcare.

Beyond their institutional scope, the agreements reflect a shared ambition to convert long-standing diplomatic ties into concrete economic outcomes. Authorities emphasized the need for rigorous implementation to deliver tangible results in growth and job creation.

This initiative aligns with broader regional integration efforts under ECOWAS. Ghana seeks to strengthen its position as a regional hub, particularly in energy and agriculture, with a strong focus on the cocoa sector. At the same time, the country aims to open new opportunities for its companies in infrastructure, healthcare, and tourism.

Sierra Leone aims to diversify an economy that remains heavily reliant on extractive industries and subsistence agriculture. The country also seeks to benefit from Ghana’s expertise and to create a more favorable environment for investment.

According to data from the International Trade Centre, bilateral trade between Accra and Freetown reached $22 million in 2024. This relatively modest level underscores significant growth potential, which the newly signed agreements could help unlock.

This article was initially published in French by Charlène N’dimon

Adapted in English by Ange J.A de Berry Quenum

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