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Business News of Wednesday, 28 September 2016

Source: classfmonline.com

Mahama lauds French companies in Ghana

President John Dramani Mahama (L), French President Francois Hollande (R) President John Dramani Mahama (L), French President Francois Hollande (R)

President John Dramani Mahama has held discussions with French President Francois Hollande at the Elysée Palace in Paris. According to Mr Mahama, the discussions were “fruitful”.

Briefing journalists after the talks, President Mahama said they discussed issues bordering on private sector investment, security in West Africa, including the Mali and Nigeria issues, as well as other issues.

Mr Mahama commended the growth of French companies and their contributions to Ghana’s economy citing Touton Technip and Bolloré Africa Logistics as being among French companies that were doing well in the country.

"Touton just last year opened a new cocoa processing plant in Ghana. It has also partnered with Ghana to take over the Cocoa Processing Company (CPC) plant and it means that it is expanding its footprints in Ghana," the President said.

On Bolloré Africa Logistics, he said it had entered into a partnership with Meridian Port Services, APM Terminals, and the Ghana Ports and Harbours Authority to invest $1.5 billion in the new deep-water 3.5 million Tema Port expansion project.

President Mahama is in France at the invitation of the United Nations Educational, Scientific and Cultural Organization (UNESCO) on the occasion of the Organisation’s International Day for Universal Access to Information.