Bawumia Says Africa Will Soon Take Its Rightful Place In Global Trade

Vice President Mahamudu Bawumia

Vice President Mahamudu Bawumia says Africa is open for business and committed to creating a more integrated, dynamic and prosperous continent through trade partnerships and investments.

He, therefore, urged African governments and businesses to work together to promote this unique potential to attract foreign investment and create sustainable partnerships that would benefit the continent and its international partners.
“Ghana is proud of being at the forefront in this network and we look forward to working amongst partners worldwide to create a more equitable and sustainable future,” he said.

Vice President Bawumia said this in a keynote address at the opening of the 53rd General Assembly of the World Trade Centres Association (WTCA) in Accra .

“Towards African Economic Integration and Enhanced Global Presence” is the theme for the five-day conference.
The World Trade Centre, Accra is hosting the event, which attracted more than 350 delegates worldwide including captains of industries, business executives, heads of government institutions and civil society organisations.

Ghana, thus, becomes the first country in sub-Saharan Africa to host the General Assembly of the WTCA, where participants would deliberate and explore trade and investments opportunities in Africa and foster partnerships.
Vice-President Bawumia commended the WTCA for launching an initiative called “Pivot to Africa” aimed at whipping up investment drive for the continent.

“It comes at a time Africa is experiencing significant economic growth and transformation with immense opportunities for investment and trade,” he said.

“The World Trade Centres Association recognises the enormous potential of the African market and the need to leverage it for their mutual growth.”

“Ghana is fully committed to supporting this initiative and working with the World Trade Centres Association to enhance African investment and trade.”

Vice President Bawumia called for concerted efforts by all stakeholders including governments, businesses and civil society to promote Africa’s unique potential to attract foreign investments and create sustainable partnerships.

Over the past six years, President Akufo-Addo unreservedly promoted a Ghana and Africa beyond aid, aimed at ensuring an integrated agenda of economic independence in Africa by leveraging its natural resources for global partnerships in the best interests of the people.

“Therefore, we should remain committed to free and fair trade and work together to create a level playing field for all,” Dr Bawumia said.