We’ll not abandon friends, partners; Prez tells UK minister

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We’ll not abandon friends, partners; Prez tells UK minister

President Nana Addo Dankwa Akufo-Addo has said that although Ghana has made a commitment to manage its resources honestly to propel its economy towards development, it will not shun its friends and partners across the world. To strengthen its partnerships with its partners, he said, Ghana was exploring all avenues to attract strategic investors who could help add value to its resources and thereby create employment and develop its infrastructure.

The President said this when the United Kingdom (UK) Minister of State for Africa, Ms Harriet Baldwin, paid a courtesy call on him at the Jubilee House in Accra on Tuesday. Ms Baldwin is in Ghana to sign a memorandum of understanding (MoU) for a £20-million facility from the UK government to help implement projects that will create jobs and promote the government’s economic transformation agenda.

In addition, the facility is expected to facilitate over £50 million worth of private sector investment that will drive Ghana’s economic transformation. Over the last few years, the UK had committed £1 billion worth of investment to Ghana, doubled its export finance credit and given £500 million to support Ghana’s business activities with the UK.

 

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