The Ghana Investment Promotion Center is charging US investors to consider launching their presence in Africa through Ghana since the country is the investment hub of the Africa continent.
To this end, the Center is already in advance discussions with some major American businesses including Microsoft, Amazon and Apple, to launch their presence in Ghana, and take advantage of the Africa Continental Free Trade Agreement to expand their operations in Africa.
Already, Google and United Airlines have established their presence in Africa through Ghana.
Chief Executive of GIPC, Yofi Grant speaking at the 2021 US Ghana Business Forum said Ghana’s name is the most prominent and attractive place to invest in Africa.
“We are really well positioned to engage the US investors to find out exactly what will make them successful in our country [Ghana], and working with them to ensure it happens. So, we are speaking with some US major companies which we believe should be in Africa now to prepare for the future.”
“It’s instructive that we have Twitter announcing to establish its regional headquarters in Ghana and United Airlines also saying it will make Ghana its African hub and Google has also put its artificial intelligence headquarters in Ghana. Then we are also speaking to other players like Amazon, like Microsoft, like Apple and creating the space for them to operate and operate efficiently for a very strong and emerging African market. The areas that we see as important are predicated on a plan that we called the Ghana Cares Obataanpa Programme”, he explained.
Ghana well positioned as gateway to Africa
Mr. Grant also said Ghana has strategically positioned itself to achieve and succeed as the gateway in terms of investments in Africa.
“Strategically, we’ve also positioned ourselves to achieve and succeed in this endeavor of developing the country and building a wealthy nation. Indeed, two of the President’s [Akufo-Addo] real aspiration is one to make Ghana a hub for West Africa and two to make Ghana one of the best places to do business on the African continent. And is therefore not surprising that Ghana was chosen to host the headquarters of the African Continental Free Trade Area. And I believe that is what really we should be trumpeting that Ghana remains an attractive investment opportunity.
US investors should focus on Ghana
The CEO of GIPC encouraged US investors to prioritise Ghana first in its decision to set up businesses on the African continent, saying the country has a stable socio-political environment.
“Indeed, if you look at the past 10 years, the 10 fastest growing economies in the world, seven were from Africa including Ghana. And we believe that we’re going to see a lot more happenings in the near future.”
“Ghana should be the place that American investors should focus on. I said our relationship with the US is strategic; strategic in the sense that we offer the continent to the US on much more conducive terms than many Africa countries will do”, he pointed out.
- ‘I called my wife to bid her farewell when my vehicle was swept away’ – Flood survivor
- 2 police officers die in high-speed chase; 3 others injured
- Medikal remanded in prison custody for 5 days
- Ban on ‘aboboyaa’ on Accra highways to take effect from Nov. 1 – Henry Quartey
- ACP Agordzo’s fight to revoke his interdiction as police officer suffers another court adjournment
- Medikal to appear in court for brandishing gun amid #FreeShattaWale campaign
- Photos: Medikal’s day in court
- Bishop Agyinasare cautions against military takeovers in spite of hardship
- ‘Side-chicks’ are ‘helpers’ who spice up marriages, I demanded my husband gets one – Joy FM Listener
- John Boadu blames current employment challenges on NDC, Sammy Gyamfi disagrees
Ghana’s Covid-19 death toll now 1,169
Girls at Agbekpui Basic School educated on breast cancer
One of the 3 police officers involved in Walewale-Bolga Highway accident still in critical condition
Media and Information Literacy week launched
Lawyers reject compensation packages for victims of Ayawaso West Wuogon bye-election
Statistical officers of local government urged to invest in personal training
We like the work fans are doing – Robert Addo ahead of WAC clash
I believe in us, we believe in ourselves – Mohammed Alhassan ahead of WAC clash
Partey scores first Arsenal goal in victory over Aston Villa
JoyNews’ Kwetey Nartey wins big at 2021 West Africa Media Excellence Awards
Korle-Bu Teaching Hospital board sworn in
Rejected law students sue General Legal Council
1xBet gives you the biggest welcome bonus in Ghana – 200% up to ¢1600!
Ga Mantse appeals to Akufo-Addo for support to change Greater Accra to Ga-Adangbe Region
John Dumelo promises Aflao Chief 100 bags of cements to complete E-block project