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Ghana and Venezuela to sign MoUs in cocoa production, aviation, education, oil and gas, tourism

By Regina Bless · 4 November 2026

Ghana and Venezuela to sign MoUs in cocoa production, aviation, education, oil and gas, tourism

Story by: Regina Bless

Ghana and Venezuela are set to strengthen bilateral relations through the signing of Memoranda of Understanding (MoUs) in key sectors, including cocoa production, aviation, education, oil and gas, tourism and military cooperation.

The development follows a courtesy call by Venezuela’s Ambassador to Ghana, resident in Abuja, H.E. Jesus Garcia, on the Deputy Minister for Foreign Affairs, Hon. James Gyakye Quayson, on October 28, 2026.

During the meeting, Ambassador Garcia expressed Venezuela’s interest in deepening cooperation with Ghana through strategic partnerships aimed at promoting economic development and strengthening South-South cooperation.

He highlighted Venezuela’s vast oil reserves and indicated that collaboration in the oil and gas sector could be mutually beneficial to both countries.

On cocoa production and processing, the Ambassador revealed that Venezuela possesses technology that could help Ghana address losses associated with cocoa diseases and improve productivity.

He also congratulated Ghana on the adoption of a Ghana-led United Nations General Assembly resolution on March 25, 2026, which declared the transatlantic trafficking of enslaved Africans and racialised chattel enslavement the “gravest crime against humanity.”

Ambassador Garcia further disclosed that Venezuela intends to establish a resident embassy in Ghana, describing the country as a strategic partner in the sub-region. He traced the longstanding friendship between the two nations to the establishment of diplomatic relations in 1969.

In his response, Deputy Foreign Affairs Minister James Gyakye Quayson expressed appreciation for the visit and voiced hope for a peaceful resolution to Venezuela’s current political challenges.

He reaffirmed Ghana’s commitment to strengthening partnerships with like-minded countries, stressing the importance of South-South cooperation in achieving shared development goals.

Mr Quayson also highlighted the African Continental Free Trade Area (AfCFTA) as an important initiative for boosting trade and economic growth across Africa.

He emphasised the need for African, Caribbean and Pacific countries to strengthen cooperation and work towards a common economic development agenda.

The proposed MoUs are expected to provide a framework for expanded collaboration and create new opportunities for economic and diplomatic relations between Ghana and Venezuela.