Confidence
is high among foreign investors looking to invest
in Ghana. The country’s economy is showing strong growth, and the number of
registered investments grew by 6.42% in the first three quarters of last year, totaling
305 projects valued at $4.97 billion.
Foreign Businesses invest in Ghana
Foreign
Direct Investment (FDI) amounted to $4.38 billion worth of the total projects
registered, representing a 6.5% increase over the same period the previous
year, according to George Aboagye, Chief Executive Officer of the Ghana
Investment Promotion Centre. Announcing the news at a press conference in
Accra, Mr.Aboagye said “this is an endorsement of the country’s democratic
credentials and trust in the economy as well”.
Many of
the projects registered were wholly or partly owned by foreign enterprises, with
countries such as China, India, Nigeria and the USA all exhibiting an appetite
to invest in Ghana. The new investment
projects created thousands of jobs for locals and expats.
Mr.Aboagye
was quoted as saying that Ghana “remains resilient and steadfast towards its
mandate to attract the best FDI needed for the development of the country and
to enhance the livelihoods of its citizenry” and called on investors to make
Ghana their destination of choice and be part of its development drive.
Microsoft to Invest in Ghana
Earlier this
month Ali Famamwy, a Senior Vice President at Microsoft visited President John
Mahama of Ghana, and also held meetings with rlg Communications, the pioneer
ICT devices assembler based in Ghana. The meetings followed the agreement
between the two companies signed last year allowing rlg phones and computers to
run on Microsoft Windows.
The
influential business magazine Forbes described the rlg-Microsoft deal as a
“partnership of the future.” The deal also granted rlg Original Equipment
Manufacturing (OEM) status, making it one of the few such organizations in
Africa.
“This visit by a very senior official of Microsoft excites us because it reaffirms the growing trust and confidence the international community is reposing in us,” said Roland Agambire, Founder & Chief Executive of rlg Communications Ltd, emphasizing the growing interest by foreign organizations to invest in Ghana.
“This visit by a very senior official of Microsoft excites us because it reaffirms the growing trust and confidence the international community is reposing in us,” said Roland Agambire, Founder & Chief Executive of rlg Communications Ltd, emphasizing the growing interest by foreign organizations to invest in Ghana.
GGAgriculture to Invest in Ghana
+GG Agriculture 's business model incorporates a proactive program using local labour and farming experience, combined with cutting edge Western European agro-technology in order to create the most financially attractive and sustainable performance for the investors.
To find out more, visit http://ggagriculture.com/agri-invest/
Or follow GGAgriculture on Twitter
