Ghana has signed a landmark Memorandum of Understanding (MoU) with Toyota Tsusho Corporation (TTC) to advance green automotive development as part of the country’s industrial transformation drive.
The agreement, signed by the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, on the sidelines of the Ninth Tokyo International Conference on African Development (TICAD 9) in Yokohama, Japan, seeks to promote the introduction of Hybrid Electric Vehicles (HEVs) in Ghana.
The collaboration aims to support Ghana’s transition to green mobility, reduce carbon emissions, and accelerate the adoption of environmentally friendly vehicles through a multi-pathway approach.
Beyond vehicle deployment, the partnership will also focus on human resource development through technical training, knowledge transfer, and the potential establishment of a Toyota Academy in Ghana. These initiatives are expected to build local capacity, strengthen the country’s automotive market, and create sustainable jobs in the sector.
Speaking at the signing, Ofosu-Adjare highlighted the importance of the deal, describing it as a “milestone in Ghana’s journey towards a competitive and sustainable automotive industry.”
The MoU comes at a time when Ghana is actively positioning itself as a hub for the automotive industry in West Africa, supported by its Automotive Development Policy, incentives for manufacturers, and growing market potential.
Ghana’s participation at TICAD 9 also featured strategic engagements with Japanese officials, UNIDO leadership, and investors, reinforcing the country’s broader agenda of industrialisation and sustainable economic growth.
