As Ghana navigates the complexities of global trade tensions, Michael Kottoh, Managing Partner at Konfidants, has emphasised the critical need for export and production diversification to strengthen the nation's economic resilience.
Speaking on 'The Global Tariffs Dispute: Navigating Ghana's Recovery Strategy' at the 2025 Citi Business Forum in Accra on Thursday June 12, he highlighted the country's heavy reliance on three primary export markets-UAE, India, and Switzerland-accounting for more than 50% of total exports.
He warned that such concentration presents significant risks, urging a broader approach to mitigate exposure and enhance economic stability. "We need to diversify our exports and our production from a resilient stand point.
That is very important.