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General News of Wednesday, January 23, 2019
Source: bbc.com
2019-01-23
President Akufo-Addo
The Ghanaian authorities have announced their intention to launch an aggressive marketing campaign focused on the "Ghana Brand", which highlights political stability and business climate.
According to the new United Nations Conference on Trade and Development (UNCTAD), Ghana overtakes Nigeria as the first country to receive foreign direct investment in 2018.
The Ghana Investment Promotion Authority (GIPC), managing director of Yoofi Grant, said BBC Pidgin: "We are establishing a clear path to growth as well as wana macroeconomic policies."
"We are making sure that the economy will inspire investor confidence … we want Ghana to become an attractive destination for West Africa, so we want to attract more d & # 39; investment. " Mr. Grant tok.
According to the report, which closely follows global investment trends, Ghana secures $ 3.3 billion, while its Nigerian counterparts record a 36% drop in FDI and $ 2.2 billion.
The Ghana Investment Promotion Authority Di Naoga reveals that President Na Akufo-Addo also tells the story of Ghana to foreign countries.
President Akufo-Addo in Ghana Beyond aid, the di kontri diary helps to continue its investments at the moment, which the government will then turn into trade.
According to Grant, the GIPC is also pursuing its aggressive "Ghana brand" campaign, which makes the city an attractive destination in order to maintain the political stability of the market, a favorable policy environment for companies offering something else to investors.
At the same time, Egypt recorded the largest investment in FDI for Africa, rising from $ 7.4 billion to $ 7.9 billion in areas such as real estate, food processing , renewable energy in the fields of oil and gas.
Foreign direct investment is investments made by companies or individuals in other countries.
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