Latest News

British International Investments lauds MGIL growth after GIP investment in 2025

British International Investment (BII) has described the growth of MaaGrace Garment Industries Limited (MGIL) as remarkable, citing a sharp rise in employment and production following a UK-backed industrial intervention implemented nine months ago.

The garment manufacturer’s workforce has expanded to about 900 employees, up from 700, while production capacity has significantly increased after the construction of a new factory facility.

The growth follows a strategic investment made in May 2025 through Growth Investment Partners (GIP) Ghana Ltd, an investment platform established by BII to support Ghana’s industrial sector. At the time of the investment, MGIL employed about 700 workers, with women making up roughly 72 percent of the workforce.

The intervention financed the construction of a new production facility at the company’s premises in Koforidua in the Eastern Region, aimed at boosting output, scaling exports, and creating jobs, particularly for women and youth.

See also  Russia Creates Platform To Dialogue Africa

Nine months after the investment, BII says the impact is already evident, with employment rising to around 900 workers and production volumes increasing to meet growing international demand. The expansion forms part of a broader UK–Ghana partnership to strengthen ethical manufacturing, deepen industrial value chains, and position Ghana as a competitive garment manufacturing hub for global markets.

MGIL is a subsidiary of Ethical Apparel Africa (EAA), a UK-headquartered apparel sourcing and manufacturing firm. The company exports more than 90 percent of its products to major international brands in the United States, the United Kingdom, and Europe, contributing to Ghana’s foreign exchange earnings as an export-focused business.

Announcing the investment, Growth Investment Partners (GIP) Ghana Ltd noted that the financing was designed to accelerate MGIL’s growth while reinforcing inclusive industrial development. This aligns with its mission to back sclable anbd inclusive businesses

See also  Create Awareness On SDGs To Enhance Ghana’s Growth – UNDP

Since acquiring MGIL, Ethical Apparel Africa has invested heavily in productivity-enhancing technologies, including solar power systems, digital pattern software, smart metal detection, and a custom enterprise resource planning (ERP) platform. These innovations have helped double productivity and enabled the transfer of advanced technical skills to local middle management.

The expansion of the Koforidua facility has shown greater potential, meeting its prospects during construction, as it was expected to more than double existing production capacity through the installation of new equipment and additional warehousing space. Within 9 months, it has created an additional 200 jobs, leaving ten months to reach the overall estimate of 1,000 additional jobs by 2026.

Beyond job creation, the company has invested in worker welfare, including the construction of an on-site wellness centre and the implementation of pay structures that offer wages up to four times higher than previous average earnings.

See also  Google for Education signs MoU with Ghana to integrate AI in education

EAA has stated that its broader mission is to create more than 10,000 quality manufacturing jobs across West Africa by 2030, while helping to shape an apparel ecosystem that prioritises people and protects the planet, an ambition that reflects the growing depth of UK–Ghana cooperation in sustainable industrial development.

Related Posts

ECOWAS Bank To Focus on Economic Growth
The ECOWAS Bank for Investment and Development (EBID) says it...
Read more
Nigeria Has 'Enough Problems' And Can't Take...
Yusuf Tuggar Nigeria's foreign minister says the country will not bow...
Read more
China Respects The Diversity Of Civilizations –...
Danzhu LOU The Director of Political Affairs at the Chinese Embassy...
Read more

Leave a comment

Your email address will not be published. Required fields are marked *