Skip to main content

Africa Investment Forum 2012 slated in April

By Fred Sarpong
The 2012 Africa Investment Forum, which provides an unprecedented opportunity for senior policy-makers, corporate executives, investors and investment promotion agencies to meet and interact through a series of sessions, networking and social exchanges, will take place in Accra from the 3rd to 4th April, 2012.
The forum will be hosted by the Ghana Investment Promotion Centre (GIPC) in collaboration with the Commonwealth Business Council (CBC) and the ECOWAS Commission. It is under the theme, ‘Partnering with ECOWAS to Accelerate Investment into the Sub-region.’

Briefing the media in Accra last week, the Chief Executive Officer of GIPC, George Aboagye indicated that other important dignitaries expected at the two day event will include some Heads of State from the ECOWAS Sub-region and the Commonwealth Member countries, as well as investors from all over the world.
Business Week learnt that there will be four Plenary Sessions. These will be on Regional Trade; Public Private Partnerships; Agribusiness and Food Security; and Small and Medium Enterprise and Micro Financing.

In addition, Aboagye noted that there will be nine Business Roundtable engagements on Finance, Natural Resources, Energy, Tourism, Private Equity, Manufacturing, telecommunications and transportation.
‘There will also be opportunity for one-on-one business meetings to discuss issues of mutual interest. Particular emphasis will be place on the new opportunities for investors in the West Africa region and how these can be harnessed to facilitate economic development,’ said the GIPC Boss.

He stated that the event comes in the wake of Africa’s transformed image as a preferred destination for investment and the soaring number of Emerging Market Funds with African interests.

According to him with the increasing volatility of the Western Markets, Africa is now increasingly becoming a preferred investment destination of choice.
‘What is more inspiring is the progress made towards regional integration to create larger markets, enhanced competitiveness and improving infrastructure. It is expected that the forum will foster partnerships with ECOWAS business executives to mobilize investments into the sub-region,’ he added.


Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of