German Investors Explore Opportunities In Ghana
A team of German investors from industry and commerce from the Frankfurter business area are on a fact-finding mission in the country to experience and verify for itself news about the economic transformation in Ghana.
The delegation is interested in gathering first-hand information about the economic situation in Ghana, while they present the FrankfurtRheinMain region as an attractive investment destination to the Ghanaian business community.
The team, which is led by Dr Hartmut Schwesinger, the Chief Executive Officer of FrankfurtRheinMain GmbH, the body responsible for international marketing for the region, also includes members of the region’s Chamber of Commerce, Giessen-Friedberg.
The investors are here to explore opportunities that their members could take advantage of to expand into Ghana, the West African sub-region through Ghana, or partner companies in Ghana that have the aim of expanding to either Germany or the European Union.
The leader of the delegation told the Daily Graphic that business community of FrankfurtRheinMain, a known business region within the EU would be interested in the financial services industry, telecommunications, renewable energy, agro-processing, mining and equipment, machine parts as well as other commercial activities.
Dr Schwesinger said members of the chamber were also ready to partner Ghanaian businesses that were desirous of doing business either in Germany or the European Union.
“We are very happy about what we have seen in Ghana so far since we arrived here to see things for ourselves. We are exciting about the financial system and have held discussions with some of them,” Dr Schwesinger said.
A delegate of the Delegation of German Industry and Commerce in Ghana (AHK), Mr Patrick Martens, told the Daily Graphic that they were promoting the region, one of the highest diversified regions in Europe and were looking for partnerships.
He said the AHK and GGEA had been conducttng the team round to meet some private business people, deputy ministers and other cocoa processing factories in the Western Region where they discussed areas of possible collaborations.
The President of the GGEA, Mr Stephen Antwi, for his part, urged the team to carry the success stories that they had witnessed along with them since Africa was now undergoing real economic reforms and transformation and Ghana was at the forefront of the renaissance.
“There is an emergence of a new Africa and Ghana is spearheading this renaissance, so we need to design appropriate partners as we move along,” Mr Antwi told the visiting team at a reception held by the GGEA and AHK in their honour.
The FrankfurtRhein Main Trade Delegation also included Mr Werner D’Inka, the Publisher and Editor-in-Chief of the Frankfurter Allgemeine Zeitung, the largest and most influential financial newspaper in the Frankfurt region.