The Ministry of Finance and the International Finance Corporation (IFC), a member of the World Bank Group, will convene Ghana’s business leaders today, November 2, in Accra to share ideas for ramping up investment in the country toward sustainable growth and job creation.
The forum – first in a planned series of Mutual Prosperity Dialogues – aims to gain a deep understanding of private sector needs and realise pragmatic ways to improve the ease of doing business in Ghana.
Government will dialogue with leading voices in agriculture, energy, finance, hospitality, manufacturing, mining, retail, telecommunications and other key sectors of the economy.
As Ghana’s economy bounces back, the currency is more stable, the rate of inflation is decreasing, and the Ghana Stock Exchange is resurgent. Still, the journey to drive the economy toward broad-based, job-rich, sustained growth has only just begun.
The direct experiences of businesses will inform government action and regulation to build confidence and make Ghana a preferred place to do business – for local champions as well as foreign investors.
Under the auspices of the Ministry of Finance, IFC will work with government on a programme of continuous engagement beyond the forum – which will be followed by sector-specific technical discussions in the coming weeks.
Minister of Finance, Ken Ofori-Attah, and Kyle Kelhofer, Senior Country Manager-IFC, will be the event’s main speakers .
IFC is a member of the World Bank Group, and the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record US$43.7billion to private companies and financial institutions in developing countries, leveraging the private sector’s power to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.