Ghana, best investment destination in Africa

All over the world, investors are competing with one another to set up businesses to promote their interests.

Such businesses are good because they offer employment to various people. Apart from that the goods and services produced help to improve upon the welfare of people.

It is, therefore, necessary that investments are attracted into certain places. For this reason all countries try to attract investors into their fold.

ECONOMIC DIFFICULTIES

It is, therefore, well known that countries around the world are going through serious economic difficulties.

Difficulties prevail everywhere in the world but much depends on the managers of the economy. It is in the light of this that sound economic management is needed to address all challenges facing a country.

Without such sound economic management, it will be difficult for any country to make it to  the top in the world. This is a great challenge facing all  countries and government.

INVESTMENT DESTINATION

It is not an easy task to see Ghana as the best investment destination in Africa. What this means is that all investors, be they individuals or corporate bodies, can come in to the country for investment purposes.

The truth of the matter is that the country is transparent in its management of national affairs in all sectors of the economy. This builds confidence in the investment climate, by encouraging prospective investors and attracting investors into the country.

COURT SYSTEM

The court system is also working and any investors can be protected under the laws of the country.

Apart from rule of law, there is freedom of expression and investors are always free to go about their duties without fear or favour provided the laws of the country are obeyed.

It is equally important to note that the economy has recovered from the COVID-19 Pandemic and is doing reasonably well. Indications are that within a short time, the economy will be on a great sound footing in future. Business enties are making profit as expected.

INVESTORS

Many investors are already in the country and doing well in their respective areas of operation. This is what Ghana today has become and that is why many investors are coming into the country from various parts of the world.

In addition to all this, Ghanaians are also friendly by nature and will be prepared to assist all foreign investors to go about their duties with ease.

There is total peace in the country and this is encouraging all business men and women to go about their duties and operations without much difficulty. This peaceful and conducive atmosphere ought to be maintained at all times.

CHALLENGES

There are, however, a few things that ought to be improved upon to make things better. In the first place we need to tighten the security system in the country. If the security system is improved upon, the people will embrace it with great interest. Also, the issue of traffic congestion will have to be addressed. This will facilitate smooth and easy movement of person and goods from place to place.

There is no doubt that there are a few challenges facing the nation but the government is working hard to address these challenges or problems facing the country. Conditions in the country are good and satisfactory and that explains why Ghana is now perceived as the best investment destination in the whole Africa.

We need to keep this enviable record for our present and future generations and work hard to improve the situation and  make Ghana one of the most investment destinations in the whole world. This is achievable so we need to work hard towards it.

Contact email/ahatsApp of author:

Pradmat2013@gmail.com (0553318911)

BY DR. KOFI AMPONSAH BEDIAKO