Audio By Carbonatix
President John Mahama has made a strong case for the speedy and timely implementation of projects agreed between African Governments and foreign businesses investors.
He noted that although African nations are willing to improve on their infrastructure to woo more foreign investors to do business on the continent, it takes a longer time for authorisation of funding of those projects.
President Mahama made the statement on Thursday, when he participated in a special Africa-Japan TICAD roundtable at the ongoing Davos World Economic Forum.
The discussions, a follow-up to the June 2013 Tokyo International Conference on African Development, TICAD V, brought together African leaders, ministers, heads of international organizations and business leaders to identify critical challenges and redefine the role of Japan in Africa's development.
"We recognise the obligatations we have as nation states (Africa) to create the environment that makes it conducive for trade and investment to take place but we also must give feedback to our Japanese compatriots that the period from conception of projects to financing and delivering is often too long," president Mahama stated.
He however assured the Japanese government of Ghana and for that matter Africa's determination to create favorable environment for trade and investments.
"We have no illusions about our challenges, but we are working on them and we are determined that we create an environment that is conducive for trade and investment.
"Actually that's why the engagement with Japan is even more interesting because Japan has the technology and investment; we are willing to partner with both the Japanese government and the private sector to ensure that we fix the infrastructure," president Mahama affirmed.
Latest Stories
-
Gov’t to extradite foreign national who secretly filmed Ghanaian women to face prosecution – Sam George
2 hours -
U20 WWC: Black Princesses to play Uganda in final round of qualifiersÂ
2 hours -
‘I will never forget you’ – Kennedy Agyapong thanks supporters, NPP delegates after primaries
4 hours -
Woman found dead in boyfriend’s room at SomanyaÂ
5 hours -
Woman feared dead after being swept away in Nima drain amid heavy rain
5 hours -
Court grants GH¢10k bail to trader who posed as soldier at 37 Military HospitalÂ
6 hours -
Tano North MP secures funding to reconstruct decades-old Yamfo Market
6 hours -
Haruna Iddrisu discharged after road traffic accident
6 hours -
Kenyans drop flowers for Valentine’s bouquets of cash. Not everyone is impressed
6 hours -
Human trafficking and cyber fraud syndicate busted at PokuaseÂ
6 hours -
Photos: First Lady attends African First Ladies for Development meeting in Ethiopia
6 hours -
2026 U20 WWCQ: Black Princesses beat South Africa to make final roundÂ
7 hours -
World Para Athletics: UAE Ambassador applauds Ghana for medal-winning feat
8 hours -
Photos: Ghana’s path to AU Chairmanship begins with Vice Chair election
8 hours -
Chinese business leader Xu Ningquan champions lawful investment and deeper Ghana–China trade ties
8 hours
