An Investment Club made of twenty individuals representing multinational companies spread across the world are in Ghana to explore investment potentials in the country.
This is a follow up meeting with them led by President John Dramani Mahama and the Ghana Investment Promotion Council (GIPC) in October last year in London on the sides of the African Global Business Summit. The club made up of multi billion entities from the United Kingdom, Germany, India and South African are exploring the possibilities of investing over 1. 5 billion dollars in the Power, Oil and Gas as well as Infrastructure, Real Estate and the Agricultural sector.
Chief Executive Officer of the GIPC, Mawuena Trebah is excited that President Mahama's engagement with the business community over the period is now paying off. She told the media that the group are in Ghana to look at specific areas of investment.
"Some of them have already gone through the registration process and we are looking at the permitting requirement so you can say we have moved beyond the primary stage and the prospects are high," she added.
According to her, despite internal challenges facing Ghana in the provision of power, the country remains the major destination for investment in sub Saharan Africa.
The Investment Club, led by the former United Kingdom Minister for Africa Affairs, Mark Simmons, has already met with President Mahama at the Flagstaff House. At a dinner meeting organized by the GIPC, some members of the delegation praised the leadership qualities of the GIPC boss, Mawuena Trebah whom they described as very instrumental in their decision to explore Ghana’s investment opportunities. They indicated the meeting represents a giant step in relocating some of the investment in Ghana.
"Ghana is an enviable record when it comes to good governance and political stability and we couldn’t have chosen another country in Africa to invest in," Mark Simmons who is also a member of the UK Parliament added.
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