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Global Africa Summit: Jane Reindorf urges policy makers to remove barriers discouraging investment
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The Founder and Chief Executive Officer of the Africa Investment Network, Jane Reindorf, has urged policy makers to remove barriers that discourage investment in Ghana.
She made the appeal during the two-day Global Africa Summit held at the Alisa Hotel in Accra from December 11-12.
The Global Africa Summit is an initiative of the Africa Investment Network designed to unite Africa and its global diaspora under a shared vision of economic collaboration and sustainable development.
The summit provides a platform for governments, investors, policymakers, and industry leaders to discuss opportunities that can accelerate growth across the continent.
Held in major cities across the world, the summit focuses on promoting trade, investment, innovation, and entrepreneurship.
It also highlights the critical role of diaspora capital and partnerships in unlocking Africa’s potential in sectors such as technology, renewable energy, agriculture, finance, tourism, and the creative economy.
Reindorf speaking to journalists at the summit, explained that the forum was created to explore opportunities for trade and investment in Ghana across different sectors.
She noted that although the country was showing visible development, a more supportive environment would help attract and retain investors, especially those from the diaspora.
She observed that people in the diaspora come to Ghana through different experiences and journeys, and a friendly business climate would help sustain their interest.
She stressed that investors mainly look for places where their capital can grow and make meaningful impact.
In her view, cultural attitudes, politics, and personal biases sometimes block opportunities in Ghana even though investors focus more on the strength of business prospects than on political issues.
She pointed out that a diaspora investor with about 200 million dollars could easily choose Kenya or South Africa if Ghana failed to create a favourable environment.
For her, government must work to keep investment coming into Ghana instead of losing it to other countries.
Reindorf shared that the next day of the summit would include reflections on the event and discussions on investment opportunities in Africa’s “sixth region,” the diaspora.
She explained that these conversations would look at how remittances can be turned into productive investments rather than being used only for family support.
She added that entrepreneurs would present bankable projects to both in-person and virtual investors as part of efforts to link ideas with funding.
She described this as the moment “the magic happens,” and expressed appreciation for the support of the network’s investment partner, John Morris.
Reindorf highlighted that African Americans, Brazilians, and Caribbean communities form a strong base of potential investors.
She said the Africa Investment Network hopes to engage these groups and direct their interest toward Ghana by building the right platform.
She noted that during her first visit to Ghana, she assessed the market and saw clear potential to attract investment through stocks, bonds, projects, and direct ventures.
She explained that this was the type of platform the organisation aims to strengthen to support Ghana’s investment drive.
By: Jacob Aggrey
Minister for Education Haruna Iddrisu has questioned why Ghana continues to import toothpicks despite having the resources to produce them locally.
Speaking in Parliament, Mr. Iddrisu, who previously served as Minister for Trade and Industry, said he feels ashamed that the country still depends on imports for such a basic product.
“I have been Minister for Trade and Industry before and I carry the shame. How come that in Ghana we cannot produce toothpicks and we have to import them?” he asked.
According to him, Ghana has enough resources to support local businesses to manufacture products such as toothpicks instead of relying on imports. He said the country should encourage private sector investment in manufacturing to create jobs and reduce dependence on foreign goods.
Mr. Iddrisu alleged that some people who received government support under private sector initiatives failed to use the funds for their intended purpose.
“If you want, Honorable Kojo, because you… I can’t go there. There are people who took money in the name of the private sector and said they were going to farm. That money never went to their farms. You know that,” he told Parliament.
On job creation, the Education Minister said he agreed with the views expressed by a colleague on the need to create more employment opportunities. However, he argued that the One District, One Factory (1D1F) programme did not provide the solution to Ghana’s employment challenges.
Mr. Iddrisu made the remarks during parliamentary proceedings while contributing to discussions on job creation and the country’s industrial development.
By: Jacob Aggrey
New Patriotic Party (NPP) communications officer, Dennis Miracles Aboagye, has dismissed reports linking him to an alleged GH¢55 million case, insisting that no such issue was raised during his detention by the Economic and Organised Crime Office (EOCO).
In a Facebook post after his release from EOCO custody, Mr Aboagye stated that at no point during his detention was he questioned about any GH¢55 million.
“For the records: There was no discussion of any GH¢55 million with me by EOCO. None,” he wrote.
According to him, he was detained for four days, a day after announcing his intention to contest for the position of National Communications Director of the New Patriotic Party.
Mr Aboagye alleged that false narratives were circulated about his arrest but expressed confidence that the truth would eventually prevail.
He thanked NPP supporters who demonstrated and called for his release, saying news of the protests reached him while he was in detention and encouraged him.
Mr Aboagye indicated that the support shown by party faithful strengthened his resolve and reaffirmed his commitment to serve the NPP.
He maintained that his detention had not discouraged him from pursuing his political ambition.
“If the intention was to break me, it has failed. If the intention was to scare me, it has failed spectacularly,” he stated.
Mr Aboagye expressed appreciation to his legal team, the leadership of the NPP and all supporters who stood by him throughout his detention.
He reiterated his determination to lead the party’s Communications Directorate, declaring that he remained “ready to win” and committed to what he described as the party’s mission to “command the narrative.”
By: Jacob Aggrey
