Ghana’s investment climate most receptive in W-Africa – Mahama

Ghana’s stable investment climate has been described as the most receptive in West-Africa, making it the preferred destination for investments from across the world.

These remarks were made yesterday by Ghana’s President John Dramani Mahama, represented by Douglas Bani, the country’s chief of staff, at the just concluded Ghana Economic Outlook & Business Strategy conference, where BusinessDay Ghana was formally presented.

BusinessDay, West-Africa’s voice of business, will be offering core business news and financial intelligence in the Ghana market.

President Mahama observed that the security, ongoing infrastructural development, information technology structures and the human resource base are the requisite attraction for foreign investments. He further said that the show of confidence is in the number of registered investments in the country over the past years.

He added that despite this impressive report sheet, plans were ongoing to improve the economy of Ghana through proactive partnerships to add value to natural resource while expanding natural resource base, providing necessary infrastructure and human capacity to support businesses.

Michael AgyekumAddo, chairman of the event, who is CEO of Kama Group of Companies, during his keynote address, invited foreign investors to explore Ghana’s vast untapped opportunities.

The Minister for Trade and Industry, Haruna Iddrissu, said Ghana is an location with best of class legal business regime that promotes investment and that the country’s stable politics and social regime create conducive environment for business to thrive.

He further observed that the government of Ghana has identified the need to make the Western region the industrial area of business destination, due to its natural resources.

The Ghana Economic Outlook & Business Strategy is a yearly conference organised by Africa Business Media, Publishers of the Ghana Business & Finance magazine in partnership with the Ministry of Trade and Industry, with support from Export Development and Agricultural Investment Fund (EDAF) and Ghana Investment Promotion Center (GIPC).