Business

Reviving Ghana’s Economy Through Investment

Worldwide, the years 2020 and 2021 have proved challenging for global economies and businesses. The Covid-19 pandemic has been a harbinger of a global recession, with World Bank forecasts of a 2.5% decline in the GDPs of emerging markets and developing economies (World Bank, 2020). In Ghana, there have been adverse effects on production, trade and investment, global commodity prices, foreign direct investment flows, employment, and tourist flows.

These challenges have necessitated a partnership between the Ministry of Information (MOI) and the Ghana Investment Promotion Centre (GIPC) towards developing the ‘Spark Up Investment Summit’. The Summit, scheduled for September 07, 2021, is a one-day activity-packed set of engagements seeking to bring together government, government agencies, investors, key industry players, sectors, and stakeholders in the Foreign Direct Investment (FDI) ecosystem.

“With the lessons of Covid-19 still new, this inaugural investment summit will create a platform for investors and investment facilitators to discuss investment challenges and find solutions to them,” shared Kojo Oppong Nkrumah, the Minister for Information.

Set to be an annual event, the Spark Up Summit will feature a plenary session and panels designed to spark interest and fully unlock Ghana’s investment potential.

Mr Yofi Grant, the Chief Executive Officer, GIPC, says, “At GIPC, we firmly believe that Ghana holds much promise and opportunity for growth. With this Spark Up initiative, we seek to restore Ghana’s economic growth as we emerge from the economic downturn brought on by Covid-19.”

Media partners for this year’s Summit include Metro TV, Asaase FM and many others. The Summit will be screened live on MOI and GIPC digital media platforms. Registration is free, but there are limited slots available. Register to attend virtually here.

Learn more about the Spark Up 2021 Summit.

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