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Business News of Friday, 22 December 2017


GTA urges diasporans to invest in Ghana - group targets US$2bn investment

The Ghana Tourism Authority (GTA) has asked diasporan groups to serve as catalysts for the country’s economic growth.

The Authority indicated that Ghanaians and Africans in the diaspora have become a powerful tool which could be used to bridge the development gap that exists between Africa and other continents.

GTA’s CEO, Mr. Akwasi Agyeman, at a media interaction to officially unveil the ‘Right to Return Festival’ in Accra, said it was necessary that Ghanaians in the diaspora return to support development efforts with their knowledge and skills.

The ‘Right to Return Festival’, is a concept by the ‘Ministry of the Future’, an organization founded by the 34 African-Caribbeans who were granted Ghanaian citizenship in 2016.

Mr. Agyeman reiterated the need for Ghanaians and Africans to continuously support countries in Africa to be able to derive maximum benefit through knowledge sharing and employment creation.

With more than 100 million African diasporans across America and Europe, he indicated that it was possible for Africa, especially Ghana, to experience a massive breakthrough in development if a quarter of those diasporans return to do business and support their various countries.

“That is the more reason why we are trying to engage more diasporans through our activities and programmes. We have the ‘Back to Africa Concert’ in February, Panafest in July and August and then ‘Right to Return’ in December every year. These initiatives would attract more diasporans to visit and probably settle in Ghana for business.”

A representative from the ‘Ministry of the Future’, Dr. Hamet Maulana, disclosed that the group has already begun campaigns in America and the Caribbean targeting an investment of more than US$2 billion in Ghana by 2020.

“We are campaigning for diasporans to return home and we are constantly reminding them about the need to invest in Ghana in order to create employment for our young people. And that is why government must also be willing to offer citizenship status to as much as many diasporans who want to naturalize as citizens of this country,” he said.

The line up of activities for the programme includes a visit to Assin Manso in the Central Region for a durbar on December 27 and a conference at the Dubois Centre on the following day.