On Friday, 3rd February, 2023, the Caretaker of Minister for Trade and Industry, Hon. Samuel Abu Jinapor joined the Minister for Finance and Governor of the Bank of Ghana at a meeting with the German Federal Minister for Finance, Christian Lindner, and other members of the diplomatic community to hold discussions on the future of the compact with Africa.
The future of the compact with Africa is an initiative of the G20 under the presidency of the Federal Republic of Germany in 2017 aimed at developing comprehensive, coordinated, and country specific Investment compacts between individual African countries, international organizations, and other partners, to promote private investment in Africa.
In a Facebook post on his page sited by our reported, the caretaker minister indicated that “Ghana is already making strides with the compact, particularly with the ease of doing business through legislative and policy reforms such as the new Comapnies Act, 2019 (Act 992), the Corporate Restructuring and Insolvency Act, 2020 (Act 1015), the establishment of the Office of the Registrar of Companies, and digitalization of Government services”.
He further stated that government is committed to bring prosperity to the Ghanaian people by attracting viable investments into the country.
He also said, the Africa Continental Free Trade Area (AfCFTA) is already taking shape, and as host of the AfCFTA Secretariat, Ghana through the policies and programmes being implemented by the Akufo-Addo Government is well positioned to be the hub of business in Africa.
Source; Gogu Edwin/0555588660