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              Africa: Launch of PAPSSCARD Marks Major Leap Toward Financial Sovereignty and Intra-Continental Trade Integration

              Africa: Launch of PAPSSCARD Marks Major Leap Toward Financial Sovereignty and Intra-Continental Trade Integration

              Africa: Nigeria, Egypt Top $95 Billion Remittance Surge, Unlocking New Investment Frontiers

              Africa: Nigeria, Egypt Top $95 Billion Remittance Surge, Unlocking New Investment Frontiers

              Nigeria: Customs Integrates CBN, FIRS, Banks into B’Odogwu Platform to Digitize Trade Efficiency

              Nigeria: Customs Integrates CBN, FIRS, Banks into B’Odogwu Platform to Digitize Trade Efficiency

              Africa: Nigeria Ascends Global Customs Leadership as CGC Adeniyi Becomes WCO Council Chair

              Africa: Nigeria Ascends Global Customs Leadership as CGC Adeniyi Becomes WCO Council Chair

              Kampala Road Works: Kigenyi urges safety, order

              Kampala Road Works: Kigenyi urges safety, order

              Kenya secures EBRD African hub

              Kenya secures EBRD African hub

              Nigeria, Rwanda sign double taxation treaty

              Nigeria, Rwanda sign double taxation treaty

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              • FEATURES
                Meet Sidi Ould Tah: Newly President of African Development Bank Group

                Meet Sidi Ould Tah: Newly President of African Development Bank Group

                Meet the newly appointed executives steering NNPC Limited

                Meet the newly appointed executives steering NNPC Limited

                Meet Netumbo Nandi-Ndaitwah: Namibia’s First Female President

                Meet Netumbo Nandi-Ndaitwah: Namibia’s First Female President

                Meet Haruna Iddrisu: The Politician, Lawyer, and Latest  Minister of Ghana’s Ministry of Education

                Meet Haruna Iddrisu: The Politician, Lawyer, and Latest  Minister of Ghana’s Ministry of Education

                Meet Agnes Naa Momo Lartey: The Minister Designate for the Ministry of Gender, Children and Social Protection in Ghana

                Meet Agnes Naa Momo Lartey: The Minister Designate for the Ministry of Gender, Children and Social Protection in Ghana

                Meet Justina Nelson: A Banking Visionary and Strategic Leader Who Takes Over MIIF as Acting Chief Executive Officer

                Meet Justina Nelson: A Banking Visionary and Strategic Leader Who Takes Over MIIF as Acting Chief Executive Officer

                Meet Nigeria’s Newly Nominated Ministers

                Meet Nigeria’s Newly Nominated Ministers

                Nigeria’s $5 billion FLNG project gets Presidential endorsement

                FULL TEXT: President of Nigeria 2024 Independence Day speech

                Trending Tags

                • DIGITAL ECONOMY
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                  Namibia: President Nandi-Ndaitwah unveils new cabinet

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                  Kenya: Ministry of Health outlines SHA compliance measures

                  South Africa: Durban Port to expand vehicle terminal

                  South Africa: Durban Port to expand vehicle terminal

                  Botswana, Türkiye aim for stronger ties

                  Botswana, Türkiye aim for stronger ties

                  Nigeria to host 2025 Afreximbank annual meetings

                  Nigeria to host 2025 Afreximbank annual meetings

                  Ghana:Adjei reaffirms commitment to expanding urban water supply

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                  • INTERVIEW
                    Botswana Stock Exchange’s Strategic moves to attract foreign investors: Insights from CEO ; Kopano Bolokwe

                    Botswana Stock Exchange’s Strategic moves to attract foreign investors: Insights from CEO ; Kopano Bolokwe

                    Transforming Botswana’s Public Service: Gaone Manzini on Leadership, Integrity, and Vision for the Future

                    Transforming Botswana’s Public Service: Gaone Manzini on Leadership, Integrity, and Vision for the Future

                    White House Welcomes Kenya William Ruto for First African State Visit

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                    Sierra Leone Seeks Upstream Partners to Fast-Track Exploration, says Petroleum Directorate

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                    Ghana’s registra department: driving digitization for effecient services

                    Ghana’s registrar department: driving digitization for efficient services

                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

                    Trending Tags

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                      Ghana: Vice President Bawumia launches Credit Scoring System

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                      FAAN MD Olubunmi Oluwaseun Kuku has emerged as Public Sector Global CEO of the Week

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                      Sam Shivute, Commissioner General, Namibia Revenue Agency has Emerged as Public Sector Global CEO of the Week

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                      Ms. Hapiloe Sello, Chief Executive Officer, South African National Parks has Emerged as Public Sector Global CEO of the Week

                      Ms. Hapiloe Sello, Chief Executive Officer, South African National Parks has Emerged as Public Sector Global CEO of the Week

                      Dr. Douglas Letsholathebe, Minister of Education and Skills Development, Botswana has Emerged as Public Sector Global Minister of the Week

                      Dr. Douglas Letsholathebe, Minister of Education and Skills Development, Botswana has Emerged as Public Sector Global Minister of the Week

                      Bashir Adewale Adeniyi MFR, Comptroller General, Nigeria Customs Service has Emerged as Public Sector Global CEO of the Week

                      Bashir Adewale Adeniyi MFR, Comptroller General, Nigeria Customs Service has Emerged as Public Sector Global CEO of the Week

                      Ms. Latifa Mohamed Hamis, Director General, Tanzania Trade Development Authority, has Emerged as Public Sector Global CEO of the Week

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                      The Minister of Health, Morocco, Hon. Khalid Ait Taleb has Emerged as Public Sector Global Minister of the Week

                      The Minister of Health, Morocco, Hon. Khalid Ait Taleb has Emerged as Public Sector Global Minister of the Week

                      Esther Ngari Emerges Public Sector Global ‘CEO of the Week’

                      Esther Ngari Emerges Public Sector Global ‘CEO of the Week’

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                      President Akufo-Addo addresses German Investors at Ghana-Germany Business Forum

                      Public Sector Global by Public Sector Global
                      August 25, 2021
                      in Featured, NEWS
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                      President Akufo-Addo addresses German Investors at Ghana-Germany Business Forum
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                      President Nana Addo Dankwa Akufo-Addo on Tuesday, 24th August 2021, when addressing the Ghana-Germany Business Forum, in Dusseldorf, as part of his working visit to the Federal Republic of Germany assured German investors of a conducive and safe market in Ghana.

                      “We will continue to create and maintain the conducive investment environment that not only guarantees the safety of investments, but good returns as well. We will continue to protect legitimate investments, and preserve the atmosphere of peace, stability and security that has been an important contributor to the increasing presence of German businesses in Ghana”. The President noted.

                      President Akufo-Addo indicated that Ghana is a country where the principles of democratic accountability and respect for the rule of law, individual liberties and human rights are now firmly entrenched in our body politic, and where the separation of powers is real in promoting accountable governance.

                      Since assuming office in January 2017, he explained that his government has put in place measures needed to reduce the cost of doing business, improve the business environment, and made the Ghanaian economy not only one of the most business-friendly economies in Africa, but also one of the fastest growing economies in the world between 2017 and 2020, averaging annual GDP growth rates of 7% for those years, up from the 3.4% GDP growth rate inherited from the Mahama government in 2016.

                      “Indeed, with the economies of many countries around the world in recession, having recorded negative growth in 2020, largely as a result of the COVID-19 pandemic, Ghana’s economy was one of the very few that still managed to record a positive GDP growth, albeit a very modest 0.9%,” he said.

                      The President continued, “In spite of the ravages of the pandemic, we are working to grow the economy at a much faster rate this year, our target being a five percent (5%) GDP growth rate, which will enhance the prospects of a win-win environment for both private sector and country; an environment where companies do not just survive, but actually thrive. In the first quarter of this year, the GDP of the economy grew at 3.1%; in the second, at 8.9%.”

                      He was, thus, encouraged by the fact that more German companies than ever are looking to invest in Ghana, symbolised by the opening of representations of German industry giant, ThyssenKrupp, and the German logistics global player, Kühne & Nagel, in the country, and the establishment of the Volkswagen Assembly Plant in Ghana.

                      “It continues to be an exciting time to be in Ghana, and to do business in the country. Already, other global car manufacturing giants, Toyota and Nissan of Japan, Sinotruk of China, have also established assembly plants in the country. Twitter is establishing its African Headquarters in Ghana, Google’s first African Artificial Intelligence Centre is located in Ghana, and the well-known Norwegian energy company, Aker, is very much established in Ghana,” the President said.

                      He told the Forum further that Ghana is further privileged to play host to the Secretariat of the African Continental Free Trade Area, which represents, currently, a market of some 1.2 billion people, spread over fifty-four (54) countries, with a combined GDP of $3 trillion.

                      With records from the Ghana Investment Promotion Centre indicating that there has been a total of one hundred and ninety-two (192) projects, with an FDI value of US$83.92 million, registered from Germany within the last decade, he urged the business community in Germany to take advantage of the business-friendly climate in the country to invest in Ghana.

                      He recommended government’s flagship policies such as “One District, One Factory”, “One Village, One Dam”, and the programme for “Planting for Food and Jobs”, as well as in areas in the water, health, housing, road and rail infrastructure, transport, industry, manufacturing, agriculture, petroleum and gas, the exploitation of our mineral wealth of bauxite, iron ore and gold, renewable energy and ICT growth sectors.

                      “We are hopeful that, with solid private sector participation, we can develop a modern railway network with strong production centre linkages and with the potential to connect us to our neighbours. Indeed, Ralf Blankenbach and Havellandische Eisenbahn of Germany are part of a European consortium engaged in the $1.8 billion rehabilitation of the existing Eastern Railway line from Accra to Kumasi,” he added.

                      Tags: Ghana InvestmentGhana-Germany
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