An investment platform established by British International Investment (BII), Growth Investment Partners (GIP) has made significant investments in the Ghana-based garment manufacturing company, Maagrace Garments Industries (MGIL) to construct a new state-of-the-art production facility at MGIL existing premises in Koforidua.
This expansion project will help boost Ghana's position in the global apparel industry by substantially increasing production capacity, expanding export volumes, and generating employment opportunities on a large scale, particularly for women and young people.
Jacob Kholi, Chief Executive and Investment Officer, GIP Ghana, avers, this project will serve as a testament to Ghana's industrial potential and its capability to compete globally in ethical garment manufacturing. MGIL's proven success in creating jobs, especially for women, while simultaneously driving export growth, perfectly aligns with our mission to support scalable and inclusive businesses, he adds.
Keren Pybus, Co-Founder and CEO, Ethical Apparel Africa (EAA), notes, this investment significantly supports the company’s vision of building a world-class garment industry in Ghana – one that raises the standard for ethical manufacturing, champions women's empowerment, and demonstrates strong environmental responsibility.
A subsidiary of Ethical Apparel Africa (EAA), an apparel sourcing and manufacturing firm headquartered in the United Kingdom, MGIL employs over 700 direct workers, with women making up 72 per cent of its workforce. The company is a major exporter, shipping over 90 per cent of its products to prominent international brands primarily based in the United States, the United Kingdom, and Europe.
Since acquiring MGIL, EAA has made substantial investments in technologies designed to enhance productivity. These include the implementation of solar power systems, digital pattern software, smart metal detection equipment, and a custom enterprise resource planning (ERP) platform. These technological upgrades have notably doubled productivity at the facility and facilitated the successful transfer of advanced technical skills to local middle managers.
Driven by a strong social mission, EAA aims to create over 10,000 quality manufacturing jobs across West Africa by 2030. The company is also dedicated to shaping the emerging apparel ecosystem in the region to prioritize the well-being of people and the protection of the planet.
The expansion project is expected to more than double the existing production capacity through the installation of new manufacturing equipment and the addition of crucial warehousing space.
