October 11, 2021

BOTSWANA-GHANA TRADE AND INVESTMENT SUMMIT HELD

 

Ghana and Botswana have held a virtual trade and investment summit to provide opportunities for businesses in their respective countries.

The summit, which was facilitated and organized, by Ghana Export Promotion Authority (GEPA) and Botswana Investment and Trade Centre (BITC) brought together more than 80 business entities across multiple sectors.

Some of the sectors include Fertilizer Manufacturing, Beef Processing, Fruit Juice, IT, Education, Oil and Gas, Skincare and Body Care, Apparel and many others.

The summit, which lasted about 5 hours, had Ghana’s High Commission to Namibia with oversight jurisdiction over Botswana as well as the Honorary Consul to Botswana and Deputy Head of Mission in attendance. On the side of Botswana, the High Commissioner to Nigeria with accreditation to Ghana as well as the acting CEO of BITC also participated.

Delivering the opening remarks, the High Commissioner of Botswana to Nigeria and Ghana reiterated the need for trade relations to improve, and that the summit was to provide the platform for businesses to network and to explore areas of mutual benefit especially with the advent of the AfCFTA.

The CEO of GEPA, Dr. Afua Asabea Asare in her remarks intimated that the AfCFTA was not going to be effective and achieve its desired results if members do not consciously generate trade leads and discussions.

She again emphasized that COVID has necessitated the use of virtual forums to aid business discussions between nations; and until COVID ebbs, TPOs like GEPA would continue to deploy such mediums to advance its objectives.

On AfCFTA, the CEO had this to say, “With the operationalization of the Africa Continental Free Trade Agreement, promotion of trade amongst African Countries has become paramount due to the large market and the little to non-existence of trade barriers that would otherwise limit the flow of goods and services. Ghana and Botswana should take advantage of this arrangement for our mutual benefit”

The initial remarks and pleasantries were followed by  presentations by BITC, GEPA and Ghana Investment Promotion Centre  on Investment and Export Oriented Regimes and Opportunities in Ghana and Botswana.

The forum provided enough opportunities during the breakout session for interaction and B2B networking.

Ghana’s Head of Mission to Namibia and Botswana delivered the closing remark. He commended the two organizations for a successful summit and urged businesses to continue the deliberations beyond the virtual summit.

Other dignitaries on the call were GEPA Deputy Head of Missions to Namibia, the Trade Attaché at the High Commission in Namibia, Deputy CEOs of GEPA, Ghana’s Honorary Consul to Botswana, and Acting CEO of BITC, Deputy MD of BOST amongst other dignitaries who participated in the summit.

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