Invest in Ghana | GG Agriculture Market Review April 2013


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Growth Green Agriculture | a review of news stories about investment in Ghana from April 2013 | GG Agriculture | Invest in Ghana

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Invest in Ghana | GG Agriculture Market Review April 2013

  1. 1. 1 | P a g e2013GG Agriculturewww.ggagriculture.com4/22/2013Ghana Investment ReviewApril 2013
  2. 2. 2 | P a g eGrowth Green Agriculture PLC is an agriculturalinvestment company solely investing in agriculture andfarmland in emerging markets such as the Ukraine andGhana. By producing wheat, chia and other crops in a lowcost environment and selling them on the world-widemarket, we aim to provide our investors sustainablereturns for distribution as annual dividends.IFC, Others Invest $20m in GhanaianMicrofinance BankThe International Finance Corporation (IFC), the GermanInvestment and Development Corporation (DEG), and theAfrican Capitalisation Fund (ACF) have together investedabout GH¢46 million ($20 million) into one of Ghana’sleading microfinance banks, UT Bank. According to the CEOPrince Kofi Amoabeng, the bank will leverage on thepartnership with the institutions and implement its strategyto establish itself as a clear market leader in SME financing.Read more: scheme set to to attract investmentsfor Ghana’s renewable energy sectorGhana’s Public Utilities Regulatory Commission (PURC) incollaboration with Energy Commission and Ministry of Energyand Petroleum will soon implement the Renewable EnergyFeed – in – Rates Scheme to encourage investments in theRenewable Energy Sector. The Scheme, under the RenewableEnergy Act 2011 (Act 832) is expected to stimulateinvestment into the renewable energy sector to add on tothe country’s energy generation mix.Read more:
  3. 3. 3 | P a g eGhana to benefit $1.5bn in investmentsfrom Turkish BusinessesTurkey’s investment group, MUSIAD has hinted of plans to invest about $1.5 billion inthe Ghanaian economy. According to the group, the investment will be made in theareas of housing, energy and infrastructure.Further details: www.spyghana.comGhana calls on Turkey to invest in cottonfieldsMustapha Ahmed, minister of state at GhanasPresidency in charge of Development Authorities,has called on Turkish entrepreneurs to processand produce cotton in Ghanas fertile cottonfields.Following a meeting in Istanbul, Ahmed said hiscountry lagged behind in modern agriculture, andcalled on Turkish businessmen to invest inagricultural sector in Ghana.Read more: www.worldbulletin.netMake Ghana’s ICT Policy AttractiveTo InvestorsGhana must improve her Information and Communication Technology (ICT) policy andlegislation to attract Swedish investors into the country, Olov Hemstrom, Area (Sub-Saharan 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 andservice delivery but the laws must be attractive to woo the investors.Keep reading:
  4. 4. 4 | P a g eMinister calls for more investorsThe Eastern Regional Minister, Helen AdjoaNtoso, says the region is ready to welcomeforeign nationals who come with the aim ofcontributing towards the development of thearea through humanitarian donations andinvestments.She said many communities in the region lackbasic amenities and due to poverty, many ofthe youth are involved in illegal mining whichoften leads to their untimely death.Madam Ntoso stressed that her outfit will cherish any group of people who wouldcreate employment opportunities for the youth.Source: www.gbcghana.comVP woos Italian firms to invest in GhanaThe Vice President of Ghana, Kwesi Amissah-Arthur has invited more Italian firms todirect their investments into the country, saying Ghana’s economic prospects are veryhigh. He said the investment environment continues to be enhanced for the benefit ofinvestors and assured them of good incentives for businesses.The VP made the call when the new Italian Ambassador to Ghana, Laura Carpini calledon him at the Flagstaff House in Accra recently. Source:
  5. 5. 5 | P a g eInvest in Ghana | GG AgricultureGrowth Green Agriculture PLC strives to be socially responsible to all theenvironments in which it operates, to build strong, reliable relationships and togenerate solid profit for shareholders through sustainable projects in agriculturalinvestments.Green Crop Farming Ghana Limited has been retained as farming operator inGhana ("Ghana Farming Operator") to cultivate, maintain, harvest, dry,transport and sell the crop. It was established in June 2012 and hascommenced 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 PLC4th Floor36 Spital SquareLondon, E16DYUnited KingdomLondon Telephone: 020 7247 8186London Fax: 020 7377 9454International Telephone: +44 20 7247 8186International Fax: +44 20 7377 9454Email: info@ggagriculture.comGrowthGreenAgriculture 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 ServicesAuthority and is not authorised to give investment or tax advice to the public.