Ghana's economy is skyrocketing. The International Monetary Fund forecasts a growth rate of 8.8% in its World Economic Outlook, which would make Ghana the fastest growing country in the world in 2019.
The West African country continues to uphold its reputation as one of Africa's few politically stable democracies and provides foreign investors with the most predictable entry point into West Africa. And the figures do not lie – the country attracted US$ 3.5 billion in 2018, a 6% increase year on year, to become West Africa's largest recipient of foreign direct investment.
With political stability, a growing middle class, an energetic start-up scene and a pro-industry government, Ghana presents a myriad of opportunities for entrepreneurs and investors. Many are already looking into the country's gold, cocoa, oil, timber, seafood, aluminum and agricultural produce.
At this exclusive meeting, CEO of Ghana Investment Promotion Council (GIPC) Yofi Grant will call in via video conference to give members an update on Ghana's latest developments and the opportunities that the country offers.
Alicia Garcia-Herrero, Chief Economist for Asia Pacific, NATIXIS, will be present at the meeting and will share her views on investing in Ghana and West Africa.
Andrew Wells, Convenor of the Belt and Road Working Group, will also share his insights on Ghana-China relations with regards to Belt and Road Initiative.
Members interested in joining the Committee's high-level Business Mission to Ghana and Morocco on 3-11 December 2019 are also encouraged to attend this meeting to get an idea of the country's business environment before the trip. More details about the mission can be found HERE.