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General News of Tuesday, 23 July 2019


If you’re not in Ghana in 10years you’re not in Africa – Bawumia to investors

Vice-President, Dr Mahamudu Bawumia Vice-President, Dr Mahamudu Bawumia

Ghana’s Vice-President, Dr Mahamudu Bawumia, on Monday, 22 July 2019 participated in the Canada-Ghana Economic Summit organised by the Canada-Africa Strategic Investment Group Inc. in Vancouver, Canada, and urged Canadian investors to make Ghana their preferred destination.

Together with the Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Dr Bawumia presented Ghana as the investment destination of choice in Africa.

Dr Bawumia said Ghana’s large domestic market and the coming into force of the African Continental Free Trade Area (AfCFTA) suggest that the domestic market is no longer confined to West Africa alone.

“With Ghana in the driver’s seat of the AfCFTA, we are positioned as the potential capital of Africa’s commercial, trade and investment future,” he said.

Already, Ghana hosts the headquarters of several multinational companies serving over 350 million people in the ECOWAS region.

“The multiplier effect of hosting AfCFTA provides an even greater opportunity for businesses to rapidly launch into the rest of Africa from Ghana,” he added.

Dr Bawumia further indicated to the Canadian investors that by the next decade, if they are not in Ghana, then they are not in Africa.