Prez Mills: Ghana Will Attract More Investments In 2010

President J.E.A Mills says though the general trend in foreign Director Investment inflows to Africa was expected to decline in 2009, Ghana experienced a healthy grow in this area. He said Ghana registered some 300 projects in the non-mining and Petroleum sectors with cash inflow of over US$700million. �Ghana experienced a healthy growth; registering some 300 projects in the non-mining and petroleum sectors with an estimated cash inflow of over $700 million. If total inflows into the Mining, Petroleum, and Free Zones operations are included, it is estimated that investments into Ghana in 2009 would exceed US$2 billion and the prospects for 2010 look even brighter,� he said. President Mills stated these at the close of the two-day 7th Africa Investment Forum organized by the Commonwealth Business Council and the Ghana Investment Promotion Centre (GIPC). The forum was on the theme: �Accelerating Intra-African Trade and Investment�. The President of Namibia, Mr. Hifikepunye Pohamba, Togolese President, Mr. Faure Gnassingbe, and Dr. Ishmael Yamson, Chairman of GIPC and other top African business tycoons were at the forum. The President said �Africa, after attaining political independence now have to attain economic growth to get its people out of poverty though investments.� The President of Namibia, Mr. Hifikepunye Pohamba, Togolese President, Mr. Faure Gnassingbe, and Dr. Ishmael Yamson, Chairman of GIPC and other top African business tycoons were also present at the function. Both Presidents Pohamba and Gnassingbe said �Africa should unite and trade among themselves and remove all artificial barriers to its progress.� After the forum, both Presidents called on President Mills at Castle, Osu to discuss bilateral issues. The Togolese President was assured by his compatriot of Ghana�s support for his country in holding peaceful elections on 28 February 2010 in Togo.