Ghana in collaboration with Nigeria, has held the maiden edition of Ghangeria Rising 2018 under the patronage of the Ministry of Foreign Affairs and the Ghana Investment Promotion Centre (GIPC).
The event brought together key investors, businessmen, promoters and facilitators, as well as policymakers to discuss trade business and investment opportunities between Ghana and Nigeria.
Speaking at the first-ever Ghana-Nigeria Trade and Investment Conference, dubbed ‘Ghangeria Rising’, the Vice-President of Ghana Dr. Mahamadu Bawumia called on businesses to challenge each other and increase their competitiveness in the ECOWAS sub-region.
He indicated that, there is no reason why countries like Ghana, Nigeria and Guinea, cannot co-operate wholly to develop an integrated aluminium industry.
Although, such countries have the opportunity to change their development paradigm through engagements by the private sector.
Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchway, in her address, mentioned that the peaceful political climate and favourable legal framework for investment in Ghana contribute significantly to an enabling business environment critical for private sector competitiveness and sustainable development.
Government, she said, takes pride in its commitment to creating and ensuring macro-economic stability as demonstrated in the 2017 budget.
She said Ghana is committed to the implementation of all ECOWAS protocols, particularly those on the free movement of persons, the right of residence and the right of establishment goods and services.
She however, disclosed that Ghana has deposited the instrument of ratification at the African Union commission, together with Kenya.
The Ghangeria Rising is an initiative of Notice Board Limited, an African legal associates, with the aim to present an opportunity for participants to network and engage in continuous discussions for future investment decisions.
The initiative, according to organisers, would continue to be a platform of open and honest conversation about sustainable business by Ghanaian and Nigerian businessmen and women.
It would also be a platform for businesswomen and men to collaborate around lawful business opportunities and their associated challenges to search for pragmatic solutions.
Report by: Clara Doku