Growth Investment Partners (GIP) Ghana Ltd, the investment arm established by British International Investment (BII), has announced a major investment in Maagrace Garments Industries Limited (MGIL), one of Ghana’s leading garment manufacturing firms.

The funding will power the construction of a new production facility at MGIL’s base in Koforidua, significantly increasing production capacity, boosting export volumes, and creating large-scale employment, particularly for women and young people.

MGIL operates as a subsidiary of Ethical Apparel Africa (EAA), a UK-headquartered apparel sourcing and manufacturing company with a clear social mission.

MGIL currently employs over 700 workers, an impressive 72% of whom are women, and exports more than 90% of its products to major international brands in the United States, United Kingdom, and Europe.

Ethical Apparel Africa is determined to generate over 10,000 quality manufacturing jobs in West Africa by 2030, building an apparel ecosystem that champions people and safeguards the environment.

Jacob Kholi, Chief Executive and Investment Officer of GIP Ghana, expressed strong confidence in the venture, stating, “This investment is a testament to Ghana’s industrial potential and our ability to compete globally in ethical garment manufacturing. MGIL’s track record in creating jobs, especially for women, while driving export growth aligns with our mission to back scalable and inclusive businesses.”

Since EAA took ownership of MGIL, it has introduced advanced productivity-enhancing technologies, including solar energy systems, digital pattern design software, smart metal detection tools, and a custom-built enterprise resource planning (ERP) platform.

These innovations have not only doubled productivity but have also facilitated the transfer of critical technical skills to local middle managers.

Keren Pybus, Co-Founder and CEO of Ethical Apparel Africa, highlighted the importance of the new partnership, saying, “We are delighted to partner with GIP to further expand MGIL’s operations. This investment supports our vision of building a world-class garment industry in Ghana, one that raises the standard for ethical manufacturing, women’s empowerment, and environmental responsibility.”

The expansion at Koforidua will more than double MGIL’s current capacity through the addition of new production equipment and warehousing space.

The company projects that this scale-up will lead to the creation of over 1,000 additional jobs by 2026, making a significant contribution to local employment.

Maagrace has consistently demonstrated a commitment to improving worker well-being, establishing an on-site wellness centre and adopting wage structures that provide salaries four times higher than previous average earnings.

The company is actively working toward a 60% female leadership target and has been recognized as a 2X-aligned company due to its measurable progress in gender inclusion.

As an export-driven business, MGIL is playing a key role in positioning Ghana as a competitive garment manufacturing hub, attracting foreign direct investment and contributing to the country’s foreign exchange reserves.