Olam Agri, a leading agribusiness and food company in the country, hosted the Minister for Trade, Agribusiness and Industry, Mrs Elizabeth Ofosu-Adjare, at its wheat-milling facility in Kpone on Friday, April 4th, 2025.
This visit forms part of the ministry’s ongoing engagement with local manufacturers. It provided Olam Agri with the opportunity to discuss the company’s contribution to the food industry and its alignment with the country’s industrial development goals.
During the visit, Mrs Ofosu-Adjare and her delegation met with management and staff of Olam Agri to discuss the company’s strategic investment in Ghana, job creation and its support for government’s 24-hour economy policy.
The minister, in her address, congratulated Olam Agri for the company’s commitment to safety and wellbeing of its employees.
“I am at Olam Agri today because they are an integral part of agri business in this country. I am impressed with what I have seen so far. The first thing I look at when I visit any factory is their work environment – how secure it is for their employees to work in safety and I think that they have passed that test,” Ofosu-Adjare said.
She added that: “Any economy will grow well if there’s import substitution – and if we are exporting, it means that there won’t be so much burden on your currency and the cedi will be strong. I think Olam Agri is ticking all these boxes”.
Country Head-Olam Agri, Baibhav Biswas, underscored the company’s commitment to Ghana’s economic development through rapid expansion and job creation.
“Ghana has always presented itself as a significant investment opportunity. We have a team of over 1,500 dedicated employees in Ghana whose skills and dedication have been instrumental in our growth. We aim to grow with Ghana, not just in Ghana,” he said
As part of her visit, the minister and her entourage toured the company’s milling facility, where popular flour brands like First Choice, Royal Gold, Adepa and Vital are produced, to inspect the production processes.
The minister and her team used the opportunity to inspect the progress of work on the construction of Olam Agri’s new state-of-the-art pasta production plant.
“This pasta plant aims to meet growing demand for pasta products in the market. We aim to significantly reduce the reliance on imports of pasta in the country, enhancing trade and import substitution. The wheat-mill has also been upgraded to process premium wheat locally, ensuring better quality control and cost efficiency,” said Baibhav.
The agribusiness minister further expressed her appreciation for Olam Agri’s contributions to Ghana’s economy and reiterated government’s commitment to supporting the food industry in Ghana to achieve sufficiency.
Over the past 30 years, Olam Agri has grown to become a leading agribusiness and food company in the country, meeting the growing needs of Ghanaian consumers. Its state-of-the-art wheat-milling facility was launched in 2012, boosting Ghana’s self-sufficiency in wheat-flour production considerably.
SOURCEthebftonline.com
