2013 Ghana Investment Review April 2013
GG Agriculture www.ggagriculture.com 4/22/2013
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Growth Green Agriculture PLC is an agricultural investment company solely investing in agriculture and farmland in emerging markets such as the Ukraine and Ghana. By producing wheat, chia and other crops in a low cost environment and selling them on the world-wide market, we aim to provide our investors sustainable returns for distribution as annual dividends.
IFC, Others Invest $20m in Ghanaian Microfinance Bank The International Finance Corporation (IFC), the German Investment and Development Corporation (DEG), and the African Capitalisation Fund (ACF) have together invested about GH¢46 million ($20 million) into one of Ghana’s leading microfinance banks, UT Bank. According to the CEO Prince Kofi Amoabeng, the bank will leverage on the partnership with the institutions and implement its strategy to establish itself as a clear market leader in SME financing. Read more: www.ventures-africa.com
New scheme set to to attract investments for Ghana’s renewable energy sector Ghana’s Public Utilities Regulatory Commission (PURC) in collaboration with Energy Commission and Ministry of Energy and Petroleum will soon implement the Renewable Energy Feed – in – Rates Scheme to encourage investments in the Renewable Energy Sector. The Scheme, under the Renewable Energy Act 2011 (Act 832) is expected to stimulate investment into the renewable energy sector to add on to the country’s energy generation mix. Read more: www.ghanabusinessnews.com
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Ghana to benefit $1.5bn in investments from Turkish Businesses Turkey’s investment group, MUSIAD has hinted of plans to invest about $1.5 billion in the Ghanaian economy. According to the group, the investment will be made in the areas of housing, energy and infrastructure. Further details: www.spyghana.com
Ghana calls on Turkey to invest in cotton fields Mustapha Ahmed, minister of state at Ghana's Presidency in charge of Development Authorities, has called on Turkish entrepreneurs to process and produce cotton in Ghana's fertile cotton fields. Following a meeting in Istanbul, Ahmed said his country lagged behind in modern agriculture, and called on Turkish businessmen to invest in agricultural sector in Ghana. Read more: www.worldbulletin.net
Make Ghana’s ICT Policy Attractive To Investors Ghana must improve her Information and Communication Technology (ICT) policy and legislation to attract Swedish investors into the country, Olov Hemstrom, Area (SubSaharan Africa) Co-ordinator of the Swedish Trade and Invest Council, has said. He said Sweden was ready to partner Ghana to enhance her ICT infrastructure and service delivery but the laws must be attractive to woo the investors. Keep reading: www.ghana.gov.gh
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Minister calls for more investors The Eastern Regional Minister, Helen Adjoa Ntoso, says the region is ready to welcome foreign nationals who come with the aim of contributing towards the development of the area through humanitarian donations and investments. She said many communities in the region lack basic amenities and due to poverty, many of the youth are involved in illegal mining which often leads to their untimely death. Madam Ntoso stressed that her outfit will cherish any group of people who would create employment opportunities for the youth. Source: www.gbcghana.com
VP woos Italian firms to invest in Ghana The Vice President of Ghana, Kwesi Amissah-Arthur has invited more Italian firms to direct their investments into the country, saying Ghana’s economic prospects are very high. He said the investment environment continues to be enhanced for the benefit of investors and assured them of good incentives for businesses. The VP made the call when the new Italian Ambassador to Ghana, Laura Carpini called on him at the Flagstaff House in Accra recently. Source: http://business.myjoyonline.com
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Invest in Ghana | GG Agriculture Growth Green Agriculture PLC strives to be socially responsible to all the environments in which it operates, to build strong, reliable relationships and to generate solid profit for shareholders through sustainable projects in agricultural investments. Green Crop Farming Ghana Limited has been retained as farming operator in Ghana ("Ghana Farming Operator") to cultivate, maintain, harvest, dry, transport and sell the crop. It was established in June 2012 and has commenced the farming of chia crops on its Ghana Farming Land. To learn more about opportunities to invest in Ghana, contact GG Agriculture:
GROWTH GREEN AGRICULTURE PLC 4th Floor 36 Spital Square London, E16DY United Kingdom London Telephone: 020 7247 8186 London Fax: 020 7377 9454 International Telephone: +44 20 7247 8186 International Fax: +44 20 7377 9454 Email: info@ggagriculture.com
GrowthGreenAgriculture PLC is registered in England and Wales, reg. no 7145886. Registered office: 4th Floor, 36 Spital Square, London, E1 6DY GrowthGreenAgriculture PLC is not regulated by the UK Financial Services Authority and is not authorised to give investment or tax advice to the public.
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