Mantrac Ghana Launches Landmark Strategic Financing Partnership with Five Leading Banks to Boost Mining, Construction, and Infrastructure Sectors

Mantrac Ghana, the exclusive distributor of Caterpillar equipment, on Wednesday 29thJuly 2026, launched a transformative strategic financing partnership with five major banks, aimed at unlocking access to capital for businesses in the mining, construction, power generation, and agricultural sectors.

The event, themed “Powering Possibilities Together; Unlocking Growth Through Strategic Financing Partnerships,” brought together representatives from Mantrac Ghana, Caterpillar, and partner banks, including Ecobank, Absa Bank, Access Bank, Fidelity bank, Stanbic bank others, alongside key industry stakeholders, customers, and government agencies.

In his opening remarks, the Managing Director of Mantrac Ghana, Pierre Lambert Hill, emphasized the critical role of accessible financing in driving growth: “One of the greatest challenges remains access to affordable and flexible financing solutions. Today, we are bringing together world-class equipment, product support, and the financial strength of our banking partners to remove that barrier.”

Madam Shae Watson, Director for Solutions Development for Africa, Asia Pacific, and Latin Africa at Caterpillar, highlighted the importance of the initiative: “Cash flow remains one of the biggest challenges for many customers. This partnership is designed to make financing more accessible and help reduce barriers to investment.”

The consortium of banks unveiled tailored financing solutions, including competitive interest rates, flexible repayment terms, and access to facilities of up to $25 million per customer. They emphasized the need to ensure that their customers have the quality Caterpillar equipment to achieve their ambitions.

As part of the launch, Mantrac Ghana unveiled an exclusive promotional package for 50 machines, including motor graders, bulldozers, excavators, and compactors. The package offers 2,000 hours of free filters, extended guarantees of up to 4,000 hours, and a “Parts and Service Commitment 2.0” that guarantees next-day parts availability.

The Ghana Chamber of Construction and the Ghana Chamber of Mines both endorsed the initiative. The Chief Executive Officer of the Chamber of Mines, ING. Dr. Kenneth Ashigbey remarked: “Quality is not cheap, so being innovative and making quality accessible to small, medium, and large companies is a great initiative.”

AmCham Ghana was represented by its External Relations and Project Manager, Jane Okyere-Aduachie, whose attendance underscores the Chamber’s support for private-sector-led infrastructure growth and US-Ghana commercial ties.

The event concluded with a ceremonial presentation of partnership agreements and an awards ceremony where Mantrac Ghana was recognized for its outstanding contributions to the construction machinery sector. The Managing Director reaffirmed Mantrac’s commitment: “We are not simply financing equipment; we are financing growth, opportunity, and the future of Ghana.”

AmCham Ghana Joins Key Stakeholder Talks On New Digital Economy Fund

The Ministry of Communication, Digital Technology and Innovations, on Monday, 27th July 2026, convened a stakeholder engagement meeting to discuss the Draft Digital Economy and Innovation Development Fund (DEIDF) Bill, featuring representatives from the U.S. Embassy, AmCham Ghana and American Tower Corporation,  playing a prominent role in the deliberations.

 

The meeting, held at the Ministry, brought together key industry players to provide further inputs, comments, and feedback on the current version of the draft bill. The engagement forms part of the Ministry’s broader effort to ensure that Ghana’s evolving digital economy framework remains practical, investment-friendly, and aligned with industry realities.

 

The DEIDF Bill, currently under legislative review, seeks to establish a fund to provide financial and technical support for digital infrastructure, innovation, skills development, entrepreneurship, and inclusive access to digital services. A key feature of the Bill is the transition of the Ghana Investment Fund for Electronic Communications (GIFEC) into the new Digital Economy and Innovation Development Fund, a move expected to align the Fund more directly with Ghana’s digital economy goals, including innovation financing and digital inclusion.

 

AmCham Ghana’s participation reflects the Chamber’s intensified engagement on legislative and regulatory reforms affecting the private sector. The Chamber’s ICT, Digital Economy & Innovation Committee has been actively reviewing ongoing developments in Ghana’s ICT policy environment, particularly the suite of draft legislative bills currently under consideration. Industry leaders have consistently emphasized the importance of engaging constructively with policymakers through public consultations, ensuring that regulatory frameworks remain practical and investment-friendly. The Chamber has also highlighted the need for a more unified and structured position on ICT-related draft bills, rather than fragmented individual submissions.

 

As Ghana positions itself as a leader in Africa’s digital economy, the DEIDF Bill represents a significant step toward creating a sustainable and transparent mechanism to mobilise and allocate resources for digital inclusion and innovation. Stakeholders expect that the Bill, once passed, will provide a more predictable environment for investment and innovation across Ghana’s digital economy.

USDEC HOSTS INAUGURAL GHANA DAIRY EXPERIENCE, SHOWCASING QUALITY AND VERSATILITY OF U.S. DAIRY

The U.S. Dairy Export Council (USDEC) hosted a landmark event at the Marriot Hotel, on Wednesday 22nd July 2026, introducing Ghanaian food industry leaders and importers to the depth, quality, and innovation of the American dairy portfolio. The event, served as a strategic entry point for U.S. dairy ingredients into the Ghanaian market.

Led by industry experts, the presentation highlighted the United States’ position as one of the world’s largest single-country milk producer, generating roughly 100 billion liters of milk annually. The session detailed the scale and commitment of the American dairy industry, emphasizing that 97% of U.S. dairy farms are family-owned and generational.

Speakers provided an in-depth overview of U.S. manufacturing capabilities, noting that the U.S. is also the world’s largest producer of cheese, offering over 1,100 varieties. While 75% of U.S. dairy exports are in powder form, including Non-fat Dry Milk (NDM), Skim Milk Powder (SMP), and Whole Milk Powder (WMP), the potential for a broader business relationship with Ghana was a central theme.

In addition to commodity production, the U.S. boasts a vibrant culture of artisan cheese-making. A special interactive tasting session allowed attendees to sample a range of cheeses, from mild Monterey Jack, Colby Jack, Cream cheese to a 15-year aged cheddar, demonstrating the diversity and quality of U.S. offerings.

A significant portion of the presentation focused on the stringent quality controls of the U.S. dairy industry, regulated by the USDA and FDA. Speakers emphasized the industry’s commitment to animal welfare, noting that dairy farmers use advanced technology to monitor herd health, nutrition, and comfort. Furthermore, the industry is dedicated to sustainability, having reduced water consumption by 30% since 2007 and continuously working to lower greenhouse gas emissions.

Crucially, the event addressed the need for supply chain diversity, a lesson reinforced by the global pandemic. USDEC representatives positioned the U.S. as a reliable and credible partner for Ghana, offering a stable alternative to existing supply chains and the expertise to help Ghanaian businesses source the right ingredients for their local applications.

Chef Antonio, USDEC’s Director of Culinary Programs, led a sensory tasting that delighted attendees. The experience culminated in a luncheon buffet where guests could network and explore a grazing table filled with U.S. cheeses, further demonstrating the versatile applications of dairy in local cuisine.

“We are not just a supplier; we want to be your partner,” said Nina Halal, a representative from USDEC. “We have the resources, the quality, and the commitment to build a lasting business relationship with Ghana.”