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Participate virtually in the GIPC’s Young Entrepreneurs Forum 2022, which is scheduled for the 30th of this month.
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After a two-year break owing to the Covid 19 Pandemic, the Ghana Investment Promotion Centre (GIPC) is gearing up to host the 19thedition of its esteemed Ghana Club 100 awards in October at the Kempinski Gold Coast Hotel in Accra.
The Ghana Club 100 is an annual compilation of 100 outstanding companies in Ghana’s business landscape, with the goal of honoring and rewarding businesses that are making remarkable accomplishments in their respective business fields.
Launching the event at the GIPC office in Accra, the theme for this year’s event was unveiled as “Ghana’s Private Sector, a Catalyst for Post-Pandemic Economic Transformation”.Speaking at the launch, the Chief Executive Officer of the GIPC Yofi Grant pointed that the theme was relevant in more ways than one, as most firms utilized the crisis as a stimulus to accelerate change in almost every element of their work.“As such, these businesses sought out new partnerships and alliances to boost their technology investment and implementation.
Others also pursued new opportunities to strengthen their supply networks and grow markets and it’s only fair that we acknowledge their perseverance.”
Kindly read the full article below
PRESS RELEASE – GIPC’S GHANA CLUB 100 AWARDS RETURNS
In July 2019, Ghana was selected ahead of six other countries, to host the Secretariat of the African Continental Free Trade Area (AfCFTA). The decision, according to regional leaders, was ‘fitting’, considering Ghana’s significance to commerce in Africa.
With this move, Ghana becomes the headquarters of the game-changing project which will boost intra-African trade by establishing a mutually beneficial trade agreement among member states.
The AfCFTA is projected to eliminate tariffs on 90% percent of goods produced on the continent, as well as other non-tariff constraints, with the ultimate aim of aggregating African countries, to create a single market.
It will connect 1.3 billion people across the 55 African countries with market size of $3 trillion, to create the largest trade bloc in the world. The AfCFTA will increase intra-Africa trade by 52%, boost Africa’s exports by $560 billion, and lift an estimated 30 million people out of extreme poverty.
Therefore, being the headquarters of such a trade treaty is not merely symbolic; it benefits the country’s economy and its businesspeople in several ways.
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The Ghana Investment Promotion Centre (GIPC) on 11th August, 2022, held its second CEO’s Breakfast Meeting for the year, with focus on the manufacturing sector.
The event availed a unique opportunity for key state and private stakeholders to delve deeper into Ghana’s manufacturing sector and its vast business potential.
Owing to the disruption in value-chains and other industrial challenges, the CEO of GIPC, Mr. Yofi Grant said it has become more crucial to work collectively to find answers to problems besetting Ghana’s manufacturing sector.
He opined at the event that: “we recognize the urgent need to embrace the private sector as partners in undertaking corrective actions, that can move the country forward”, adding that “Ghana’s business potential remain enormous, and government is committed to creating an enabling environment for all investors to fully leverage the opportunities”.
Corroborating Mr. Grant’s assertion, the Head of the One District – One Factory (1D1F) initiative at the Ministry of Trade and Industry, Mr. Kofi Addo, also noted that inasmuch as the current global business landscape is fraught with some challenges, the opportunities in Ghana remain endearing. He encouraged the private sector to make optimal use of the country’s resources.
The CEO’s Breakfast Meeting is a GIPC-initiated event, organized periodically, to bring together CEOs and business moguls, as well as government authorities, to deliberate on pertinent issues affecting business and investments in Ghana.
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In the words of Joseph Seth Aidoo Jnr, the Executive Director of one of Ghana’s largest real estate firms, Devtraco Group… “Ghana’s investment terrain, particularly its real estate market, provides financial security for potential business owners, as well as a landscape that offers comfortability for Diasporas.”
This statement is testament to the irrefutable fact that Ghana’s real estate sector has evolved into a largely profitable investment area. The sector gained momentum, due to the country’s high urbanization rate, its increasing middle class, and the influx of non-resident Ghanaians and foreign homebuyers.
The reasons for one to consider investing in Ghana’s property market are numerous, now more than ever. Amongst them, here are ten (10) factors, that will certainly make you want to explore Ghana’s real estate industry.
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10 COMPELLING REASONS TO INVEST IN GHANA’S REAL ESTATE MARKET
The World Bank is providing funding support to the Government of Ghana (GOG) for the
implementation of the Ghana Economic Transformation Project (GETP).
The overall development objective of the Project is to promote private investments and firm
growth in non-resource-based sectors. The Project’s objective is to promote and strengthen a
growth model conducive to economic transformation to achieve higher rates of investment and
productivity growth across the economy, especially in non-resource-based sectors.
Below are the downloadables
Terms of Reference – Customer Relationship Management System for GIPC