BY Anthony Sedzro
Wilbur L. Ross, the United States (US) Secretary of Commerce has arrived in Ghana to deliver the keynote address at the maiden US-Ghana Business Summit tomorrow, July 5.
Secretary Ross is head of a high-powered government and business delegation which has already paid a courtesy call on Ghana’s president, Nana Akufo-Addo. The first-ever summit is on the theme “Strengthening U.S.- Ghana Commercial Partnerships towards a Ghana beyond Aid” and it will be held at the newly-opened Marriott Hotel, Airport City, Accra.
The forum will endeavor to strengthen trade and promote business partnership opportunities between U.S. and Ghanaian Companies in infrastructure, railway and renewable energy, and the technology sectors.
The maiden U.S.-Ghana Business Forum will have in attendance government officials, influential business leaders, trade and technology experts and stakeholders to discuss trade and investment opportunities between the United States, Ghana and the African Continent. It will also serve as a platform to explore new business opportunities and address regulatory challenges affecting trade and investment.
Dr Mahamudu Bawumia, the Vice-President of the Republic of Ghana will also give deliver a speech as the special guest of honour. The vice-president will be speaking on US-Ghana bilateral relations and investment opportunities available in Ghana as the West African country hopes to move beyond aid in its economic growth.
The maiden U.S.-Ghana Business Forum is a high-level meeting of U.S. and Ghanaian Businesses aimed at fostering and deepening bilateral commercial engagements between the two countries. The United States is one of the major trading partners of Ghana and the U.S. is among the top sources of Foreign Direct Investment (FDI) into Ghana.
The Ghana Beyond Aid Initiative, sees Ghana taking full ownership and responsibility for its economic growth and transformation, in a new partnership with the country’s partners through strategic and innovative domestic revenue mobilization as well as long term financing instruments to support economic development for higher productivity, jobs and inclusive growth.
The business forum will have a plenary session which will be followed by panel discussions with insightful topics such as infrastructure opportunities in Ghana, enabling the growth of the digital economy in Ghana, custom modernisation and supply chain solutions and others.
The forum is organised by the American Chamber of Commerce (AMCHAM) Ghana, with support from the US Chamber of Commerce (US Africa Business Center), US Commercial Service and the US Embassy in Ghana.
The event sponsors include ExxonMobil, Progress Rail, VISA, Newmont, Standard Chartered Bank, Kosmos Energy, PWC, Enterprise Group and others.