The city is home to Intravenous Infusions Limited, one of the oldest pharmaceutical companies in West Africa.
Primarily in their late teens and early twenties, they were predominantly hailing from areas like Krobo and Akyem, with a notable contingent also originating from the Kwahu mountains.
Koforidua, during that era, held a significant status as a trading hub, hosting numerous lively events every week, and therefore, was home to a substantial female population.
According to Legend, the Obuotabiri mountain, found in New Juabeng,both north and south districts, was the home to the gods who protected the people.
The city of Koforidua (New Juabeng) is made up of several neighbourhoods and settlements, including Effiduase, Asokore, Oyoko, Jumapo, Suhyen, Dansuagya, Betom, and Srodae.
Koforidua is two hours by road from Accra.The city is located in the heart of the Dahomey Gapresulted in it having a tropical savanna climate (Köppen Aw).
The weather is hot and humid year-round, but significant rainfall is usually only seen between April and June, although in wetter years in September and October also will see substantial falls.
Other Industrial activities of Koforidua include textiles, crafts, soap, carpentry and joinery, traditional medicine, pottery and ceramics, and the production of alcoholic and non-alcoholic beverages.
Koforidua, characterized by its Akan majority population, fits into this classification by designating Mondays and Thursdays as market days.
On these particular days, the municipality experiences a temporary halt as individuals converge from both distant and nearby locales to purchase essential groceries.
The focal point of this bustling activity is the Agartha Market, a satellite marketplace situated to the south of the Eastern Regional Coordinating Council (ERCC) vicinity, along the route leading to the Old Estate community.