As part of the official visit of the Vice President Dr. Mahamudu Bawumia, yesterday had business encounter with Canada-Africa Strategic Group Inc. in Vancouver, Canada. In the meeting, Dr. Bawumia made mention of the fact that Africa’s market is very large considering the fact the African Continental Free Trade Area (AfCFTA) with Ghana chosen as its capital.

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Ghana represents the industrial hub of Africa and has opened her tentacles for business partnership and opportunities not only for Ghana but Africa as a whole. Also in attendance was the Chief Executive Officer of Ghana Investment Promotion Centre, Yoofi Grant.

The official facebook page of Vice President Dr. Mahamudu Bawumia says;

“On Monday, 22nd July, I participated in the Canada-Ghana Economic Summit organized by the Canada-Africa Strategic Investment Group Inc. in Vancouver, Canada.

Together with the CEO of the Ghana Investment Promotion Centre, they presented Ghana as the investment destination of choice in Africa.

I stated that Ghana’s large domestic market and the coming into force of the African Continental Free Trade Area (AfCFTA) suggest that the domestic market is no longer confined to West Africa alone. With Ghana in the driver’s seat of the AfCFTA, we are positioned as the potential capital of Africa’s commercial, trade, and investment future.

Already, Ghana hosts the headquarters of several Multinational Companies (MNCs) serving the over 350 million people in the ECOWAS Region. The multiplier effects of hosting AfCFTA provide an even greater opportunity for businesses to rapidly launch into the rest of Africa from Ghana.

I indicated to the Canadian investors that by next decade if they are not in Ghana, then they are not in Africa”.

 

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