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US Nationwide Group Ends African Investor Tour...Ghana To Benefit From Multi-billion Dollar Projects

By William Nana Yaw Beeko, Online Editor
Business & Finance Ed Kostenski, CEO of Nationwide Group International
FEB 27, 2017 LISTEN
Ed Kostenski, CEO of Nationwide Group International

(Accra, Ghana—Monday, 27th February, 2017): The Executive Board of USA’s Nationwide Group International, led by its Chief Executive Officer, Mr. Ed Kostenski, have ended a 21-day Africa investor fact finding mission with Ghana as its last destination.

The 21-day investor tour, according to the team, covered countries like Chad, Cameroon, Nigeria and now Ghana.

The mission of the team is to explore the huge potential and prospects that exist in the area of financial investments and project financing in Africa.

Ghana, in particular stands to benefit from various investment projects by Nationwide Group International, running into several billions of US dollars, including financing for government projects, private companies, banks that in dire need of working capitals, among others.

Nationwide Group International is the leading project financing powerhouse in the United States of America (USA) with operations in mining, construction and marine equipment supply, Oil & Gas, exploration and productions as well as refineries.

The group of companies started operations as Nationwide Equipment, which Ed Kostenski founded in 1983 in Jacksonville, Florida, specializing in the rental and sale of reconditioned earthmoving and road-building machinery.

The group, has since been operating, across several African countries over the last two decades, serving private companies and government bodies. For More Information Visit: (http://NationwideEquipment.com)

This was revealed to ModernGhana during an interaction with Ed Kostenski and Tor B. Langoy at the Kempinski Hotel, Gold Coast City, Accra.

Mr. Kostenski disclosed that his group has been servicing the Ghana markets for close to 12-years and they are back in Ghana after visiting Chad, Cameroon, Nigeria.

They are seeking to widen their financial investments to reach the unbanked with the aim of boosting financial growth in Ghana and across Africa.

“We've been offered projects to do in Ghana since we've been here. Our emphasis is also to provide financing for the government projects that are at hand or to be at hand and as well as private companies, banks that need working capital to relend out to local clients on the financial Market,” Mr. Kostenski stated.

He added “we provide services not just equipment, not just financing but whatever that is needed to make investor dreams come true and whatever project they are doing.”

Touching on President Nana Akufo-Addo and the NPP government’s vision to boost Ghana’s private sector, Mr. Kostenski made it clear that they are in total support and fully behind Nana Akufo-Addo and his solid team of ministers.

“We've held meetings with The group of ministers he has chosen and they have been very transparent and open to us. Nana Addo has a very good team and we believe in no time, Ghana will explode with massive financial growth,” the Nationwide Group International CEO said.

He was particularly happy about Ghana most importantly the level of openness the new government under Nana Addo has exhibited so far.

“We've seen openness with the new government. There is a new wave of energy, there is a new wave of political atmosphere, and just in general we see more business minded people here and they are much more open and much more willing to spend.

….And this time around there seems to be much more excitement and optimism in the financial investment sector in Ghana, something we haven't seen or experienced for the past 7-years. There is a positive investment Climate with the coming of new NPP government under Nana Akufo-Addo.”

With Africa increasingly becoming a huge investment destination, Mr. Kostenski was optimistic financial growth has favoured Africa in many sectors.

“Africa is the future, without doubt, I've been myself to 80 countries—all roads point back to Africa for growth and developments. There is high range of broad GDP, and we've seen quite a few countries and I must say it has been very exciting for us.

….It makes it easier to do business when the country has a robust GDP versus a country that is down or in a negative territory or on a recession. African governments have been pretty much cooperative driving economic development,” he stated.

For More Information Visit: (http://NationwideEquipment.com)

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