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Trade policy magazine interviewed the Ghanaian Abenaa Akuamoa-Boateng, who works Millineum Cities Inititative project in Central and West Africa coordinator. The interview was the subject of investment opportunities in Africa.
Awareness of investment opportunities ccl schedule 2013 in Africa and image of Africa as an investment location among private investors in countries such as Finland is very low. What would be your advice to potential investors considering Africa in general and Ghana and the Kumasi region in Particular?
- There are numerous investment opportunities ccl schedule 2013 in Africa but too often, ccl schedule 2013 potential investors discount the Africa Continent as an attractive location for investment, Because of a negative image in Perceived That has unfortunately conceals the complex diversity of economic performance and the existence of rich investment opportunities. This unfortunate situation has led to Africa being marginalized in world investment flows.
- Africa as a continent is however growing fast at the rate of 5.4 percent a year, Compared to a world average of 4.2 percent. And According to Merrill Lynch, Africa now offers investors as much potential as advance countries such as Russia.
- Many Africa countries have under taken major economic and legal reforms leading to politics and macroeconomic stability, Extensive improvement in the regulatory frameworks for FDIS such as Permitting profit repatriation, provision of tax holidays and other incentives, Guarantees against expropriation, improvements in legal and other Institutions as well as massive improvements in physical infrastructure. Ghana as an investment destination of choice reflects ccl schedule 2013 a 'significant par