June 6, 2022

GEPA woos US investors to the partner Ghana’s Export Sector

Dr. Afua Asabea Asare, CEO of GEPA has reiterated a call on investors in the Diaspora to partner with businesses in Ghana to build the economy to a desired industrialized one.

She made this call during a 5-state US roadshow organised by the Ghana Investment Promotion Center (GIPC) in collaboration with Ghana Export Promotion Authority, American Chamber of Commerce, Ministry of Finance, Ministry of Information, Ghana Embassy in DC and The Diaspora Affairs with the theme: Doing Business in Ghana – Highlighting Opportunities for Diaspora Direct Investments.

Bilateral trade between Ghana and the United States decreased from Usd1.8 billion in 2019 to Usd1.5billion in 2020 – a fall that has been attributed primarily to the Covid19 pandemic.

The Roadshow involved investment meetings with companies in San Francisco, California; Seattle, Washington State; New York City, New York; Atlanta, Georgia and Washington,  DC. These are states with large populations of the diaspora and some of the largest black-owned businesses in the United States of America.

There were also targeted meetings for the Services Sector with Microsoft, the creative university of Seattle and a guided tour of the Tyler Perry Studios to explore partnerships with Ghana’s Creative and Tourism Export Sectors.

For the Exporter in Ghana, the encouragement for business investors to consider investing in the export sector for mutual economic benefits, with the goal of making Ghana the number one destination for Diaspora Investment in Africa, is a space worth looking forward to.

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