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Business News of Wednesday, 2 August 2017

Source: dailyguideafrica.com

Osafo Maafo beckons Ghanaian investors in UK

Osafo Maafo, Senior Minister Osafo Maafo, Senior Minister

Senior Minister Osafo Maafo has appealed to Ghanaian businesses in the UK to invest in the various sectors of Ghana.

He said, “Ghana is open for business. The government is private sector focused and keen to grow the economy through the private sector with support from the public sector.”

Mr Maafo said, “Ghana is ready to do business to help improve her economy and foster development for the benefit of all parties.”

Chief Executive Officer (CEO) of the UK-Ghana Chamber of Commerce, Tony Burkson, said the chamber was formed to act as a platform for Ghanaian businesses and UK businesses, as well as UK government and Ghana governments, to interact in an open and transparent way.

“The chamber is taking this particular mandate very seriously and continues to promote interaction between our two countries.”

Businesses that have already invested in Ghana and those looking forward to investing in Ghana had the opportunity to engage with the relevant ministers and officials at the two-day trade and investment forum that was attended by over 200 delegates from Ghana and the United Kingdom (UK).

The objective of the forum was to showcase Ghana and her business opportunities as a continuing re-energized and dynamic Sub Saharan African business partner.

The forum was used to highlight renewed interest in Ghana by British businesses and investors.

Organized by the UK- Ghana Chamber of Commerce (UKGCC) in partnership with the Developing Markets Association (DMA), the forum attracted top government officials like Ghana’s High Commissioner to the UK, Papa Owusu-Ankomah, Senior Minister, Yaw Osafo-Marfo and the Prime Minister’s Trade Envoy to Ghana, Adam Afriye.

It was the fourth in the series but the first under the new government.

A number of specific investment sectors, including railways, energy and infrastructure, were discussed at the forum.

Some of the government officials at the forum included the Deputy Minister of Energy, Joseph Cudjoe, Minister of Railway Development, Joe Ghartey, CEO of Ghana National Petroleum Corporation (GNPC), Dr. Kofi Koduah Sarpong and CEO of Ghana Investment Promotion Centre (GIPC), R. Yofi Grant.

The forum was supported by Ghana International Bank; INTL FCStone, Tullow Oil, Appolonia, Unity Link and Quantum Power.