{"id":234835,"date":"2024-10-18T11:30:16","date_gmt":"2024-10-18T11:30:16","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/18\/ghana-poised-to-capitalise-on-emerging-regional-trade-opportunities\/"},"modified":"2024-10-18T11:30:16","modified_gmt":"2024-10-18T11:30:16","slug":"ghana-poised-to-capitalise-on-emerging-regional-trade-opportunities","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/18\/ghana-poised-to-capitalise-on-emerging-regional-trade-opportunities\/","title":{"rendered":"Ghana poised to capitalise on emerging regional trade opportunities"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/567\/56779265.295.jpg\" alt=\"President Nana Addo Dankwa Akufo-Addo and officials from the Oxford Business Group\" title=\"President Nana Addo Dankwa Akufo-Addo and officials from the Oxford Business Group\" width=\"295\" height=\"189\" \/> <span class=\"image_caption\"><span>President Nana Addo Dankwa Akufo-Addo and officials from the Oxford Business Group<\/span><\/span><\/p>\n<\/div>\n<div style=\"-webkit-user-select: none; -webkit-touch-callout: none; -moz-user-select: none; -ms-user-select: none; user-select: none;\">\n<p id=\"article-123\"> Ghana\u2019s President Nana Addo Dankwa Akufo-Addo, has officially received the first copy of Oxford Business Group\u2019s (OBG) annual economic report dubbed; &#8216;The Report: Ghana 2024&#8217;.<\/p>\n<p>The report, was presented during a meeting between the President, Oxford Business Group and the Ghana Investment Promotion Centre (GIPC) in Accra on Tuesday 27 August, 2024.<\/p>\n<p>It explores the factors behind Ghana\u2019s positive economic growth trajectory, with the IMF revising its 2024 GDP expansion forecast up to 3.1% on the back of positive fiscal and structural reforms and prudent monetary policy.<\/p>\n<p>The report explores the impact of these policy developments, and provides insights into how Ghanaian businesses are capitalising on efforts to drive regional economic growth and integration in the emerging African Continental Free Trade Area environment.<\/p>\n<p>The presentation of the first copy to President Akufo-Addo underlines the importance of this report as a resource for the country\u2019s leadership and economic strategists.<\/p>\n<p>The report provides a comprehensive analysis of Ghana\u2019s economic landscape, focusing on the country\u2019s growth drivers, investment opportunities, and the broader economic outlook. It also explores the impact of government policies on the business environment and Ghana\u2019s position within the context of regional economic integration.<\/p>\n<p>In particular, the report explores recent progress in infrastructure development and the impact this is having on Ghana\u2019s economic productivity and export potential.<\/p>\n<p>Ramona Tarta, OBG\u2019s Country Director for Ghana, highlighted the significance of the report and the collaborative efforts with the Ghanaian government and the Ghana Investment Promotion Centre (GIPC).<\/p>\n<p>\u201cThe Report: Ghana has long been a reference for decision-makers both in Ghana and around the world. It is therefore fitting that we were able to present the President himself with the first copy of this important and detailed economic research on Ghana\u2019s economy, along with our partners GIPC, who were instrumental in all our research activities in Ghana,\u201d Tarta said.<\/p>\n<p>\u201cThe report is distributed directly to Oxford Business Group subscribers via the OBG terminal, and through its partners: Dow Jones Factiva, Bloomberg Professional Services, Refinitiv Eikon, among others. GIPC is distributing the digital report to their entire database of over 10,000 entrepreneurs, businesses, diplomats in Ghana and around the world.\u201d She added.<\/p>\n<p>President Akufo-Addo acknowledged the report&#8217;s importance, stating, \u201cFDI inflows are a critical pillar of Ghana&#8217;s economic development, as our dynamic growth is simply not possible without the presence of international investors. Business leaders&#8217; access to accurate information and analysis is a key driver of the global interest in our economy. Therefore, we thank Oxford Business Group for including Ghana in your portfolio of countries and offer you warm congratulations on completing another annual report on our economy.\u201d<\/p>\n<p>\u201cThe GIPC takes great pride in its ongoing partnership with the Oxford Business Group (OBG) in producing the very informative Ghana Report.\u201d said Yaw Amoateng Afriyie, Deputy CEO of GIPC, who was also in attendance at the meeting. \u201cIt is packed with reliable insights on the Ghanaian economy across various sectors, the OBG Report has become an essential tool for promoting Ghana. It serves as a trusted reference guide for both international and domestic businesses, attracting new investors and empowering those already established here.\u201d<\/p>\n<p>\u201cGhana is at a pivotal moment in its economic trajectory. A number of key international actors are creating continent-wide cross-border payment systems to boost economic integration and growth in Ghana and across Africa more widely, with a longer-term commitment to boosting prosperity for all.\u201d Mike Ogbalu, Mike Ogbalu, CEO of PAPSS.<\/p>\n<p>As Ghana continues to pursue ambitious economic goals aimed at sustainable development and attracting foreign investment, The Report: Ghana 2024 serves as an essential tool for investors, policymakers, and businesses looking to navigate the evolving market dynamics.<\/p>\n<p>Produced in partnership with GIPC, the report is expected to contribute to informed decision-making among business and political leaders. Oxford Business Group would also like to thank its partners: Afreximbank, Africa Prosperity Network, Minerals Income Investment Fund, Association of Ghana Industries, PwC, and Koranteng &amp; Koranteng for their important contributions to The Report.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Nana Addo Dankwa Akufo-Addo and officials from the Oxford Business Group Ghana\u2019s President Nana Addo Dankwa Akufo-Addo, has officially received the first copy of Oxford Business Group\u2019s (OBG) annual economic report dubbed; &#8216;The Report: Ghana 2024&#8217;. The report, was presented during a meeting between the President, Oxford Business Group and the Ghana Investment Promotion [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":234836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-234835","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana poised to capitalise on emerging regional trade opportunities - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/10\/18\/ghana-poised-to-capitalise-on-emerging-regional-trade-opportunities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana poised to capitalise on emerging regional trade opportunities - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"President Nana Addo Dankwa Akufo-Addo and officials from the Oxford Business Group Ghana\u2019s President Nana Addo Dankwa Akufo-Addo, has officially received the first copy of Oxford Business Group\u2019s (OBG) annual economic report dubbed; &#8216;The Report: Ghana 2024&#8217;. 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