Accra, Jan. 16, GNA
– President Nana Addo Dankwa Akufo-Addo will lead a ministerial delegation of
several cabinet ministers and key officials at the UK-Africa Investment Summit
in London on 20 January 2020.
The Summit, to be
hosted by Mr Boris Johnson, the UK Prime Minister, will be a major milestone
for the UK and the enduring partnership with Ghana.
A statement issued
by Iain Walker, the British High Commissioner and copied the Ghana News Agency,
said the Summit would bring for the first time, UK and African leaders,
businesses and entrepreneurs, alongside international finance institutions, to
showcase new partnerships that create jobs and boost mutual prosperity.
The release said the
Summit would strengthen the UK-Ghana partnership that was building a secure and
prosperous future for all their citizens through economic development, trade
and investment.
“We are increasing
jobs, addressing security needs and meeting global challenges,” it said.
President Akufo-Addo
will address world leaders on the importance of securing sustainable finance
for Africa’s infrastructure, discuss investment opportunities and how to
mobilise future partnerships that meet the needs of modern African nations,” it
said.
On the margins of
the Summit, President Akufo-Addo would hold talks with the Prime Minister and
meet UK Government Cabinet Ministers, including the Foreign Secretary and the
Development Secretary.
It said the UK-Ghana
partnership would be at the centre of the Summit discussions on how the two
countries are building enduring economic ties.
Through their
government-to-government; UK-Ghana Business Council (UK-GBC), a six-monthly
ministerial dialogue co-chaired by Vice President Alhaji Dr Mahamudu Bawumia,
the Vice President, we have harnessed the UK’s clear offer to achieve long-term
prosperity in Ghana, it added.
“Together, our
governments have agreed on six priority sectors (agric-processing: financial
services; textiles/garments, pharma, digital; and extractives), and we are
working side-by-side on critical areas: infrastructure development, tax and the
ease of doing business.”
It said that
“Together, we are making a real difference. Global finance, through the City of
London is crowding in more investment; and supporting innovative finance
opportunities such as the first London-listed Cedi Bond.’
UK firms are major
investors in Ghana, bringing state-of-the-art technology and supporting
thousands of skilled jobs for Ghanaians.
On the margins of
the UK-Africa Investment Summit 2020, President Akufo-Addo will be the keynote
speaker at the Ghana Investment Promotion Centre hosting the Ghana Investment
and Opportunities Summit, an event focused on the theme “Accessing the
African Common Market through Ghana: Technology, Digitisation and
Industrialisation”.
“Ghana is at the
forefront of the UK’s trading relationship with African nations. The UK-Africa
Investment Summit will create new mutually beneficial partnerships that move
Ghana and Africa – beyond aid, by attracting quality investment to drive growth
and create jobs.
Beyond the European
Union, the UK’s priority is to create an even closer partnership between the
two countries and for the UK to be the investment partner of choice for years
to come, it said.
GNA