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Business News of Tuesday, 22 March 2016

Source: Daily Guide

Bridge to Africa summit will deepen Ghana-US ties - US Official

A senior officer at the US Embassy in Ghana Paul Taylor has described the forthcoming ‘Bridge to Africa Economic Summit’ as an initiative to further deepen the Ghana-US trade ties.

As a result, he has lauded the Association of Ghana Industries (AGI), one of the partners of the project, specific-driven business to business trade conference slated for New York from May 21 to 22, 2016 for promoting such a brilliant idea.

In his remarks at the launch of the summit recently, the US official indicated that the ADEPA Africa Investments Limited (AAIL) initiative will encourage and improve the already healthy trade relationship between the two countries.

Themed ‘Building Wealth, Creating Economic Opportunities in Africa’ the two day conference includes seminars, workshops, exhibitions and match-making sessions will cover sectors like manufacturing, Agri-Business, Oil and Gas, Mining, construction and Real Estates, tourism, fashion and textiles etc.

At the launch, ADEPA’s primary partners in the US, Bridge to Africa 360 Incorporation, a coalition of African centred organizations dedicated to creating a partnership between Africa and the Diaspora to function in the areas of health, education, social and economic development that makes them self sustaining entities confirmed their readiness via skype conference to host Ghanaian trade delegates.

In like manner, Richard Thomas, the host Mayor expressed readiness to host Ghana and commended the organizers for choosing his City saying, “We are expecting a healthy business working relationship that will move trade volumes between the US and Ghana.”

“Most definitely, the May Summit will mark the beginning of a comprehensive working union,” said Mr Harry Alford, President, National Black Chamber of Commerce, USA.

Explaining ADEPA’s goal at the high profile launch, CEO of ADEPA Africa Investments Limited Mr Kojo Ampah Sahara said “Our goal is to persuade investors in the United States to make deliberate and conscious efforts to invest in Africa’s economy. The summit will provide for direct access and engagement between opportunities available in Africa for investment/contracts in USA.”

It is designed to draw $500m from the American business community to Ghana.

ADEPA is an indigenous Ghanaian business development company with a passion for providing professional support services for companies at all levels.