President Akufo-Addo has commended Russian IT firm, Yandex for investing in Ghana.

The company which has launched its ride-hailing service, Yango in Accra is contributing massively to the transport sector.

President Akufo-Addo made the comment when he interacted with Musheg Sahakian, the Global Expansion Director for Yango (a service by Yandex, one of the biggest IT companies in the world), and other top managers of the company at the sidelines of the first Russia-Africa Summit and Forum which is being held in Sochi.

The President urged Yandex to ensure Yango operates across the country and also introduce its educational programs in Ghana.

For his part, Mr. Sahakian said the launch of Yango in Ghana has provided the citizenry with a new choice.

“Competition is always for good, because it motivates all market players to improve and everyone wins in the end” he stated.

Mr. Sahakian said they have ensured “users get cheaper rides and better service, drivers can earn better money, and country gets the latest high-level technologies”.