Ghana
Singapore and Ghana's growing economic relations are underpinned by expanding trade and investment linkages. Our economic partnership is supported by the bilateral Implementation Agreement on Carbon Credits cooperation under Article 6 of the Paris Agreement.
Last updated on 12 November 2026
Singapore-Ghana relations
Singapore and Ghana established diplomatic relations in 1989. Bilateral ties have since grown steadily, anchored by shared Commonwealth membership and a common use of English, which facilitates business and people-to-people exchanges.
Ghana’s economy is one of the largest in the Economic Community of West African States (ECOWAS) and has attracted growing interest from Singapore businesses seeking a gateway into the broader West African market.
Bilateral Agreements involving Ghana
Ghana-Singapore Implementation Agreement (IA) on Carbon Credits
Signed on 27 May 2024, the IA marks Singapore’s first IA in Africa. The IA sets out a legally binding framework and processes for the generation and international transfer of carbon credits between Singapore and Ghana, aligned with Article 6 of the Paris Agreement. Carbon credit projects authorised under the IA will seek to promote sustainable development and generate benefits for local communities, such as creation of jobs, access to clean water, improved energy security, and reduction of environmental pollution.