Foreign investors and business leaders are showing strong confidence in Ghana’s economy and its efforts to bounce back from challenges. They’re giving credit to Finance Minister Mr Ken Ofori-Atta for steering the economic turnaround.
Mr Eli Cohen, the Foreign Affairs Minister of Israel, who recently visited Ghana, is optimistic about the country’s economic future despite its current difficulties. He believes that with the right knowledge and investments, Ghana is on track for growth and success.
During the Israel Ghana Business Forum, which was organized by the Ghana Investment Promotion Centre (GIPC), Mr Cohen expressed belief in Ghana’s potential and the friendly ties between Israel and Ghana. The forum aimed to create partnerships between Ghanaian and Israeli companies in sectors like farming, water management, clean energy, and cybersecurity.
Mr Cohen’s visit, accompanied by eight Israeli companies specializing in different industries, reflects a deeper collaboration between the two nations. Cohen emphasized that working together could help Ghana meet its goals, including becoming a food exporter instead of relying heavily on imports.
Israel, known for its expertise in agriculture and water management, is keen on sharing its know-how to help Ghana achieve its ambitions. Mr Cohen mentioned that Israel’s own success in turning desert land into productive farms holds valuable lessons for Ghana’s agriculture sector.
In a recent report by the World Bank titled “Price Surge: Unraveling Inflation’s Toll on Poverty and Food Security,” it’s predicted that Ghana’s economy will regain its potential growth by 2025. This positive outlook from a globally recognized institution like the World Bank adds to the overall optimism surrounding Ghana’s economic recovery.
Overall, international investors, corporate figures, and government officials are all expressing strong belief in Ghana’s economy and its efforts to overcome challenges. Mr Eli Cohen’s visit and Israel’s interest in collaboration, as well as the World Bank’s positive projection, point to a promising future for Ghana’s economy.