The Summit and Exhibition, which will be held at the Labadi Beach Hotel in Accra from the 16th to 18th August, 2022, is under the theme "Investing in Ghanaian industries to leverage opportunities in the single African Market".
Performing the launch at the AGI Secretariat, the AGI President,
Dr. Humphrey Ayim Darke, stated that, the idea behind the Ghana Industry Summit and Exhibition, which started 5years ago, is inline with AGI vision to create a supportive and competitive business climate. Adding that, the Summit has always been set around five objectives, to create an annual global platform for industries to share ideas.
The 5 objectives are:
1.To promote innovation and technology, with the aim of enhancing industrialisation.
2. To established and encourage networking between indigenous industrialist and their international counterparts for knowledge sharing.
3. To engage key government agencies in a constructive dialogue, in search of viable solutions to challenges facing industry.
4. To endeavor to gather all sectors of the economy, to chat a common path towards industrial advancement.
5. To create opportunities between sellers and buyers through match making programmes and exhibitions.
The AGI president stipulated that, the summit since its inception has made great inroads in shaping the economy, which output has informed programmes being designed by government.
The investment summit, as part of the event, shall create an ecosystem for equity investors to engage businesses in their bid create value, Dr. Ayim Darke, indicated. He further expressed investment prospects for companies in agribusiness and agro processing during the summit, as investment in these sectors have stagnated over the years, due to policy inconstancies. Adding that, the exhibition brings together an array of businesses spread across the entire sectors; from cosmetics, food & beverages, household items, health products, garments & textiles, electrical cables, hotel and hospitality, building, construction and property. Dr. Humphrey Ayim Darke lamented that, “Our businesses are in trying times.”
“The fast depreciation of the cedi, escalating fuel prices, rising fuel prices and public debt are of deep concerns to industries. Our strong recommendation is that in engaging the IMF, we must pay maximum attention to the industrial and agricultural sectors of our economy to hasten recovery.”
“Part of the reason for our economic crisis is the dependence on imported goods. We call for incentives to encourage local manufacturing to arrest this challenge”, the AGI President stressed.
Present at the media launch were representatives from various partner organisations, including Mr. Massimo Mina, Head of Cooperation, EU Delegation to Ghana, Mr. Sean M Duggan, Investment Promotion Expert with the EU-GESP, Mrs. Bellona Vittor-Quao from the Nuclear Power Ghana (NPG), Dr Ebenezer Tagoe, Deputy Chief Executive in charge of Finance at Fidelity Bank, Alex Agyei Amponsah, Director, Commercial & SME at Fidelity Bank, among others.
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