Ken Ofori-Atta, Yofi Grant and Alex Dadey
THE GHANA Investment Promotion Centre (GIPC)’s maiden Ghana Diasporan Investment Summit 2021 has ended at the Kempinski Hotel in Accra with the support of KGL largely acknowledged.
The KGL Group of Companies was forthcoming with support to the investment cause championed by the GIPC.
Themed ‘The New Normal: Leveraging Diaspora Investments To Build Back Better’, the summit brought to the front burner how collaboration with diasporan investments could restore growth in the aftermath of a pandemic.
The summit lived up to its billing of bringing together high-notch policy makers, corporate entities, private sector business personalities and investors, both local and across the diaspora, to brainstorm over entry barriers and propose viable solutions.
The conferees also sought viable means to creating enabling environment towards fostering direct local investments.
The event held on June 23-24, 2021 had the CEO of GIPC, Yofi Grant, and Finance Minister Ken Ofori-Atta, delivering thought-provoking keynote addresses which provided an overview of the collaborative effort between Government and the GIPC.
The collaboration has successfully minimised the entry barriers to investments and provided a sustainable environment conducive to business growth.
Taking his turn to address the gathering, Alex Dadey, Executive Chairman of the KGL Group, his 30 years experience in multiple industries and diasporan entrepreneurship bearing on his speech, highlighted the importance of multilateral collaboration.
He pointed effortlessly at his UK and Ghana experience in varying sectors such as agriculture, trade financing, technology not forgetting his recent venture in technology service delivery, his most recent venture partnerships with public sector institutions such as the NLA.
In the area of inward investments, he broke it into four categories, remittances, direct, portfolio and philanthropic investments.
Continuing, he identified a two-prong approach of deliberate policy on the part of government driving local and diasporan.
This collaboration, when combined with promoting the revenue generation success stories of diasporans, he said, will make direct investments attractive and guide prospective investors across the diaspora to navigate the boundless local investment opportunities in Ghana.
The two-day event also provided a business development platform for participants to engage across different sectors namely agriculture, real estate, technology, Fin-Tech and FMCG under a series of structured business to business sessions.
Mr. Dadey, a strong advocate for diasporan collaboration, and instrumental in initiating the recent edition of the Diasporan Homecoming Summit in 2017 and the Ghana Investment and Opportunities Summit in the UK, reaffirmed the KGL Group’s commitment to fostering local and diaspora socio-economic inclusion in the advancement of Ghana’s socio-economic development.
By A.R. Gomda