More UK investors keen on economy

The UK is keen on exploring more business opportunities in the economy, with a group of British brands, SMEs and investors set to tour the country.

The group will embark on a five-day Ghana Investment Tour (GIT) to increase trade between the two countries. They are expected to tour regulators, potential local partners and leading private sector players in technology, tourism and agriculture.

The visit, facilitated by the UK-Ghana Chamber of Commerce (UKGCC) will focus on showcasing collaborative and investment opportunities to provide a platform for UK firms, SMEs and investors to communicate with key regulatory agencies, prospective local partners, and leading private sector players in the country.

“Ghana remains an exciting prospect for British companies due to its historic trading relationship with the UK. British expertise and innovation is highly sought after in Ghana and the wider West African region. The Ghana Investment Tour is an opportunity for British companies to meet decision makers, regulators and potential business partners in Ghana.

The UKGCC is excited to welcome British businesses to Accra in October for the Ghana Investment Tour,” a statement copied to the B&FT and signed by Tony Burkson, Chief Executive Officer of UKGCC said.

The GIT also aims to give new, business-focused entrants to Ghana a packaged opportunity to research and act-upon their business and investment interests in the country.

The tour, which will run from Monday 17th to Friday 21st October 2016 is supported by the Development of International Trade in Ghana (formerly UKTI) and is organised in partnership with AB2020, a British company that connects and highlights investors, businesses, projects and entrepreneurs operating in Ghana, and sub-Saharan Africa.

The UK is one of the largest foreign investors in the country, and several British brands are already operating in the country, including Barclays, Standard Chartered, Vodafone, Tullow, Blue Skies, British Airways, G4S, Prudential, GlaxoSmithKline, and Diageo.

Ghana is also a favoured choice for SME’s making their first steps to exporting into Africa, with benefits such as skilled and trainable labour, immediate access to all the Economic Community of West African States (ECOWAS) markets, and a large consumer base with a growing middle class.

The UKGCC, officially launched in Accra on 1st September 2016, is set up to facilitate and promote trade and commercial relations between the UK and Ghana, and acts as the voice for British businesses looking to access and engage in the Ghanaian market, whilst providing assistance to Ghanaian companies investing in the UK.

Source:B&FT