Bank of Africa organizes webinar for the Diasporan Community

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Bank of Africa in partnership with Ghana Diaspora Monetary Fund is organizing series of Webinar under the theme: Ghana, An Ideal Destination for Diaspora Investments. These series of Webinars are part of the Banks newly instituted Sustainable Development Banking engagements.

This webinar comes in three separate sessions under different topics. The 3-part webinar series commences on Friday, August 21, 2020 under the themes; “The Ghanaian Economy – Present Situation & Medium-Term Outlook and Investing in Ghana – Opportunities & Priority Areas”. These topics will be handled by Akofa Dakwa (GM, Enterprise Risk, BANK OF AFRICA GHANA) and Mr. Yofi Grant (CEO, Ghana Investment Promotion Centre).

The webinar enters its second phase on Friday, August 28, 2020 and will be addressed by Mr. Muctar Abbas (Exec. Head, Legal Services & Company Secretary, BANK OF AFRICA GHANA) and Dr. Abdallah Ali-Nakyea (Senior Lecturer, University of Ghana School of Law and Director, Ali-Nakyea & Associates).

The panel of experts will take the participants through the “Business Registration & Regulations in Ghana and Ghanaian Tax Laws – What a Non-resident Ghanaian Should Look Out For”.

In that same session, Mr. Caliis Badoo (Director of Legal & Regulations, Security & Exchange Commission) will deliver on “Structure and Regulatory Environment of GHANA’s Financial Sector”.

The webinar enters the third and final stage on Friday, September 4, 2020 which will focus on “Investing in the Real Estate and Land Acquisition in Ghana”. Dr. Wilfred Anim Odame (Senior Technical Advisor, National Development Planning Commission and former Exec. Sec. Lands Commission) and Nana Akua Maafo Dosoo (MD, Listening Bureau) will educate participants on the subject matter.

These carefully selected topics are most challenging areas that serves as a hindrance to investors, they are not too clear on the business climate in Ghana and its dynamics. There is little or no data where investors can fall on to serve as a guide. These series will throw light on how safe it is to invest in the economy as well as the profitability interest of doing business in Ghana.

As part of the Bank’s corporate philosophy of contributing to the development of the economies in which it operates, these webinar sessions are targeted at engaging Ghanaians and other nationals living in the diaspora who are interested in investing or doing business in Ghana. It is no hidden fact that a lot of Ghanaians living outside the country are skeptical about investing in the country due to bitter experiences in the past or the unstable nature of the economy in the past years. This webinar will thus, afford experts an opportunity to discuss the opportunities available and the allay the fears of these investors.

The Bank recognizes that one of the surest ways to build a nation is to invest heavily in the local economy. It acknowledges the many business opportunities as identified by the diasporan community. It is for this reason that the Bank seeks to offer the platform for this engagement. There is the perception of a hostile business environment in Ghana. Emphasis will be placed on the focus subject areas and reiterate the fact that Ghana possess the right business environment that accelerate business growth

The Bank desires to encourage Ghanaian all over the world to come and invest in the economy since it will ensure a sustainable economy and help raise business leaders with Ghanaian origin. The Bank is engaging relevant institutions to create enabling business environment to attract the needed investment from Ghanaians both in and out of Ghana.

This exercise we believe will present the Bank the opportunity to contribute to the growth and development of the economy of Ghana. Interestingly, this is part of the Banks corporate philosophy, by ‘selling’ Ghana as a safe and profitable investment destination.

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