Caribbean Investors to explore business Opportunities in Ghana

A Caribbean Business Delegation on Tuesday paid a courtesy call on President Nana Addo Dankwah Akufo-Addo at the Flagstaff House.

 

The delegation, which is led by the acting Managing Director of the HFC Bank, Mr Anthony Jordan, is in the country to explore business and investment opportunities. The delegation will also participate in a three-day Trade Summit that runs from September 26 to September 28, 2017.

 

The Summit, which is aimed at facilitating and deepening trade links between Ghana and the Caribbean, is under the theme: “Promoting Trade and Investment- Ghana and the Caribbean”.

 

Interacting with the delegation, President Akufo-Addo reiterated government's commitment to building a strong economy anchored on a strong private sector.

 

The President said in the circumstance, it was important to strengthen the private sector by creating a micro-economy that was stable with low interest rates, a low rate of inflation, a stable currency and a competitive fiscal regime that would enable Ghanaian enterprises and those operating from Ghana to be competitive within Ghana, West Africa and the world.

 

He said his government had initiated policies geared towards facilitating business and industrial growth and positioning Ghana as the most business and people-friendly economy on the continent.

 

President Akufo-Addo added that policy initiatives started by his government in stabilising the exchange rate and other macro indicators, had created a renewed confidence in the economy over the last eight months of his stewardship.

 

The President told the delegation that his government was also putting in place a policy framework that would transform Ghana's economy, which is largely depended on raw materials, to that of an industrialised one.

 

On his part, Mr. Jordan said the delegation would engage their Ghanaian counterparts in striking new business deals, especially, in the oil and gas sector.

 

Mr. Jordan said HFC Bank Ghana and the delegation were committed to assisting government with its private sector driven economy recovery plans. The summit, he added, would therefore involve round table discussions with relevant stakeholders, expert presentations on various financial modules and networking.

 

In April 2017, HFC Bank’s new Board Chairman, Mr. Charles William Zwennes together with the Managing Director, Mr. Robert Lennard Le Hunte and the President of Republic Financial Holdings Limited (RFHL), Mr. Nigel Mark Baptiste paid a courtesy call on President Akufo-Addo at the Flagstaff House.

 

As a result of the interaction, Mr Nigel Baptists promised to assist in facilitating a contingent of business men from the Caribbean region who were prepared to invest and deepen trade links with Ghana.

 

Source: ISD (Rex Mainoo Yeboah)