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    MarketForces Africa » MarketForces News » Ghana Approves Formal Application to Join BRICS

    Ghana Approves Formal Application to Join BRICS

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiOctober 8, 2026 News No Comments2 Mins Read
    Ghana Approves Formal Application to Join BRICS
    Ghana’s Private Sector Job Creation Hits 11-Month High -PMI John Mahama, President, Ghana
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    Ghana Approves Formal Application to Join BRICS  

    Ghana’s government has approved plans to formally apply for BRICS membership as part of a strategy to accelerate economic development. Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa announced this on Thursday. 

    Ablakwa confirmed that the Cabinet of President John Mahama had authorised the move, with preparations under way to submit the application and seek support from existing BRICS members 

    According to the Foreign Affairs Minister, the proposed membership would support Ghana’s economic transformation agenda by creating opportunities for investment, job creation, industrialisation and greater value addition to the country’s natural resources. 

    The minister stressed that cooperation with BRICS would complement Ghana’s existing international partnerships while expanding its development options. 

    “BRICS offers us that opportunity to have options in development,” he explained.  Ablakwa identified India, Brazil and China as important economic partners. 

    He noted that trade between Ghana and India had more than doubled, rising from approximately 3 billion dollars in 2024 to around 7 billion dollars. 

    The government also intends to use closer cooperation with BRICS countries to develop domestic processing industries and increase the economic benefits derived from Ghana’s natural resources. 

    “We want to add value to the natural resources that we have. And we want to work with partners who have the same shared history and shared commitments,” Ablakwa said. 

    Ghana has already sought India’s assistance with its proposed accession. 

    Indian External Affairs Minister Subrahmanyam Jaishankar, who was visiting Accra, expressed support for Ghana’s aspirations while emphasising that membership decisions require collective consideration by BRICS countries. 

    “Obviously, this is an issue of collective consideration. So we have to see how that goes forward,” Jaishankar noted. 

    Ghana’s planned application reflects its intention to strengthen economic cooperation with emerging economies and broaden its participation in international development initiatives.  #Ghana Approves Formal Application to Join BRICS # Ghana’s Private Sector Job Creation Hits 11-Month High -PMI

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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