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Tuesday, September 6, 2016

Trade and Investment needs to be established in Ghana rather than aid,said by president john mahama

The President of Ghana( John Mahama) is making a strong case for trade and investments from the country's development partners rather than just aid.
According to the President John, looking at the current challenges and situations facing Ghana, bringing in the essential capital to support businesses and the economy should be seen as the best way out.
President John Mahama disclosed this to newsmen on the sidelines of the Sixth Tokyo International Conference on Africa in Nairobi Kenya.
“We should encourage more from investments from Japan in Africa. Japanese Official Development Assistance (ODA) has been increasing as I said earlier. Africa needs is trade and investment, not aid,” he said.
“And so we must translate more of this ODA into investments in Africa in respect of attracting the Japanese private sector to either set up wholly in Africa or a joint venture with their Africa partners,” President Mahama added.
The President also spoke about how Ghana and other African countries should position themselves to benefit from the growing interest in the continent.

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