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24.10.2019 Business & Finance

Akufo-Addo Woos Russian Investors

Akufo-Addo Woos Russian Investors
LISTEN OCT 24, 2019

President Akufo-Addo has encouraged Russian investors to take advantage of Ghana's political and economic stability to do business in the country.

The President says as the IMF and the World Bank had projected Ghana's economy to be the fastest-growing economy in 2020, it is important for investors to take advantage of the prediction.

Speaking at a meeting with the Russian Businesses Community on the sidelines of the ongoing Russian African Summit, President Akufo-Addo said Ghana is the ideal place to invest in Africa.

“…So, you have to know that there is good atmosphere in Ghana to engage Russian counterparts. We want to see you there and whatever we need to do on our side, we will look at it seriously and we are prepared to do it.”

President Nana Akufo-Addo is leading the Ghanaian delegation at the maiden Russia-Africa Summit, being held in Sochi, Russia.

The Summit is being held to deepen the ties of friendship between the two sides, as well as explore other areas of co-operation to their mutual benefit.

President Akufo-Addo is expected to hold bilateral meetings with the President of the Russian Federation, His Excellency Vladimir Putin, deliver a statement on the floor of the Summit on the theme “For Peace, Security and Development”, and hold meetings with CEOs of some important Russian enterprises.

The President will leave Russia today, Thursday, 24th October 2019, to attend the 18th Non-Aligned Movement (NAM) Conference, being held in Baku, Azerbaijan.

NAM is a forum of 120 developing world states that are not formally aligned with or against any major power bloc. After the United Nations, it is the largest grouping of states worldwide.

The President was accompanied by the Minister for Foreign Affairs, Hon. Shirley Ayorkor Botchwey, MP; the Minister for Energy, Hon. John Peter Amewu; and officials of the Presidency and Foreign Ministry.

The President will return to Ghana on Saturday, 26th October 2019.


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