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Business News of Monday, 20 January 2020


Ghana ready to partner London Stock Exchange for investments – Akufo-Addo

Akufo-Addo, Prez Ghana Akufo-Addo, Prez Ghana

President Nana Addo Dankwa Akufo-Addo has said Ghana is prepared to partner the London Stock Exchange in revenue and resource mobilisation for investments on the African continent.

He noted that Africa and for that matter Ghana, is well-endowed with natural resources and therefore, the oil-rich West African nation is fully prepared to partner the London Stock Exchange in investment on the continent.

He said this at the ongoing UK-Africa Investment Summit being held in London, in the United Kingdom, on Monday January 20, 2019.

According to him, “…There are things that we need to do on our side in Africa. We can do better in terms of our own domestic resource mobilisation, move away from raw materials exports and insists on processing and adding value to our own resources. “But in the process, the Stock exchange in London can be a pivot in the new relationship with the continent of Africa. “Countries like my own sees itself in the noble opportunities of helping to mobilise all of these capital around the world for investment in Africa’s infrastructure."

The President added that African is unddisputdely rich in natural resources.

Meanwhile, President Akufo-Addo and British Prime Minister Boris Johnson are expected to sign a 40 million pound agreement this week, which will see the construction of a new terminal as part of the upgrade of the Kumasi Airport.