GIPC Signs Memorandum of Understanding with Oxford Business Group

Company News of Monday, July 15, 2019

Source: thebftonline.com

2019-07-15

A new report from global research and consulting firm Oxford Business Group (OBG) will showcase the latest developments in the growing oil and gas sector in Ghana, highlighting other sectors of the economy in search of growth .

The report: Ghana 2020 will examine the critical role that new government projects should play in galvanizing the economic activity of the targeted industries, including agriculture and manufacturing.

The publication will also examine the benefits that the African Continental Free Trade Agreement should bring by improving cross-border trade flows.

Among other topics of badysis, it is worth mentioning the impact of the latest tranche of the IMF's extended credit facility on growth prospects when it will be available once the seventh and eighth Fund reviews will have been completed. The OBG report will also examine issues that remain a challenge for Ghana, including the high level of public debt and the fluctuation of the exchange rate.

The Ghana Investment Promotion Center (GIPC) has signed a memorandum of understanding with OBG for its next publication. As part of the Memorandum of Understanding, GIPC will badist the firm in conducting research and producing The Report: Ghana 2020 and other content that will be available on all OBG platforms.

Yofi Grant, CEO of GIPC, is pleased to collaborate closely with OBG, adding that the publication schedule was important at several levels.

"The year 2019 is turning out to be a pivotal year for Ghana, bringing with it challenges but also signs of investor confidence – as evidenced by the issuance of 3 billion euros. -Obligations, which has been seven times oversubscribed, "he said. "The coverage of Ghana's economic development and investment opportunities by Ghana has long been a benchmark for public and private sector decision-makers. It will be a pleasure to contribute to this flagship project. "

Souhir Mzali, regional editor of the GOB for Africa, said the local knowledge of Ghana's business landscape by GIPC had undoubtedly strengthened the group's badysis.

"Investment opportunities are increasing in Ghana, with new legislation governing public-private partnerships paving the way for business participation in various projects – from transport infrastructure to energy and agro-industrial projects," she said. declared. "The Ghana Investment Promotion Center has helped create a business-friendly climate and a one-stop-shop for investors. I am confident that his contribution will once again raise the bar for our badysis of this important West African economy. "

The report: Ghana 2020 will mark the culmination of 9 months of field research by a team of Oxford Business Group badysts. It will be a vital guide for the many facets of the country, including macroeconomics, infrastructure, banking and other sectoral developments. OBG's publication will also include contributions from prominent public and private sector representatives. A round table with high-level representatives of ICT companies on emerging technologies and the growth of start-ups will also be on the agenda.

The report: Ghana 2020 will be produced with GIPC and the Association of Ghana Industries. It will be available online and on paper.