Business News of Saturday, 3 June 2017

Source: thebftonline.com

Invest in Africa and Trade Ministry engages investors in London

Some participants at the  events Some participants at the events

Invest in Africa and the Trade and Industry Ministry, last Thursday, have organised an event in London to engage investors on the prospect of investments in Ghana.

The Deputy Minister of Trade and Industry, Robert Ahomka-Lindsay, highlighted some of government’s initiatives to attract investors to the country.

According to the Deputy Minister, priority industries include aluminium, garment & textiles, industrial salts (alkaline), pharmaceuticals and petrol-chemicals (gas and crude).

Mr. Ahomka-Lindsay further discussed how the government has begun a stimulus programme for companies with the greatest job creation potential by providing them with tax breaks and other monetary incentives to help them stay in business and create more jobs.

The Deputy Minister also called the country’s bureaucratic structures an obstacle to doing free and open business, stating that government already has plans in place to successfully de-bureaucratise the system.

He expressed his delight to be working with Invest in Africa to drive investment and create new opportunities with local SMEs, and expressed confidence that the country’s best days are yet to come.

Invest in Africa’s online platform, the African Partner Pool (APP), connects SMEs to large companies helping SMEs access new tenders, training and finance.

- See more at: http://thebftonline.com/business/economy/24807/invest-in-africa-and-trade-ministry-engages-investors-in-london.html#sthash.NWkk50Kl.dpuf