Skip to main content

SADA, GhIE to launch Tamale 2015 investment forum




By: Fred Yaw Sarpong

The Savannah Accelerated Development Authority (SADA) and the Ghana Institution of Engineers (GhIE) will launch the Engineering Week Celebration (Tamale) and SADA Business and Investment Forum (SABIF 2015) in Accra on Wednesday January, 2015.

Daily Express gathered that the event seeks to bring together Ghana’s engineering fraternity and a wide range of local and international stakeholders interested in and committed to the development of Northern Savannah Ecological Zone (NSEZ) of Ghana.

According to the organisers the forum is the first collaboration of its kind between GhIE (who are celebrating their Annual Engineers Conference, dubbed Tamale 2015), and SADA (who are using this opportunity to launch the SADA Business and Investment Forum SABIF 2015).

A joint statement signed by the Chief Executive Officer (CEO) of SADA Mr Charles Abugre and Ing. Magnus Quarshie, the President, GhIE said other partners will include includes Traditional Authorities, the University of Development Studies (UDS), the Ghana Investment Promotion Centre (GIPC), USAID-FinGAP, the World Bank Group funded Ghana Commercial Agriculture Project (GCAP), various multilateral and bilateral development institutions, CSOs, private businesses and student and youth groups.

‘It is designed to be transactional in nature, combining exhibitions with technical dialogue session, and is expected to help broker technological knowhow as well as business and investment deals, particularly in the areas of Agriculture, Agro-business and Infrastructure,’ said the organisers.

The high point of this event will be the high level dialogue session expected to be chaired by the President John Dramani Mahama.

Also a special session focusing on Agriculture, Climate Change and Food Security will be facilitated by John Agyekum Kuffuor (JAK) Foundation, and a grand durbar of chiefs and cultural events will climax the event.

The statement said many benefits to be derived from the Tamale forum by participants include an exhibition of products and services, direct business-to-business match-making, sealed business and investments deals and unprecedented networking opportunities, all of which would ultimately lead to job creation and the socio-economic development of the NSEZ.

The NSEZ covers five regions (Northern, Upper East, Upper West, Brong Ahafo and Volta) representing the Northern Half of Ghana (40% of Ghana).  

‘With a population of 11 million people, this enclave is endowed with vast natural resources of flat reach arable lands, water bodies and mineral resources including gold, clinker and iron ore. The area is blessed with a healthy tropical climate and a highly productive and hardworking labour force. It is the bridge between the southern half of Ghana and the growing markets of the Sahelian neighbours to the north. The NSEZ is indeed the emerging development frontier in Ghana and West Africa! ,’ said initiators.


Comments

Popular posts from this blog

Akuapem-Apirede to promote tourism

By: Fred Yaw Sarpong sarpong007@gmaail.com
The Chiefs and people of Akuapem-Apirede in the Okere Constituency of the Akuapem North Municipality have put in place strategic plans to promote tourist sites in the town.
Apiredehene, Nana Saforo Okoampah III told the Daily Express that their vision is to develop Apirede in a modern way.
“We want to have a modern society and environment. We are doing this on the basis of promoting tourism here,” he added.
According to the Apiredehene, it’s their plan to promote the historic sites and the geographical location of the community.
Apirede is one of the 17 towns that forms the Akuapem State and historically, it used to house the armours of the Akuapem State. The community is part of the Nifa division of Akuapem.
He stated that one of those things was called ‘Odosu’ (the war god for Okuapemhene). “The Chief Executioner in those days for Akuapem also came from Apirede and items that he used were also kept here,” he stated.
“These are a lot of things …

PIAC told to go to court to enforce recommendations

By: Fred Yaw Sarpong
sarpong007@gmail.com

The Public Interest and Accountability Committee (PIAC), the mandated body to monitor the use of Ghana’s oil revenues has been asked to go to court to seek strict compliance of the laws covering accountability of oil funds in the country.

According to Dr. Steve Manteaw, the Campaign Coordinator for ISODEC and a member of the PIAC , it’s time for PIAC as a body to consider going to court to compel institutions responsible for managing Ghana’s oil revenue to answers some questions concerning the expenditure of oil funds.

He pointed out that there are several recommendations made by the PIAC in its past reports on management of petroleum revenues, and a lot of these recommendations has received no positive response from the institutions concerned.

He disclosed this to the Daily Express at a three-day workshop on Interrogating the 2016 Semi Annual PIAC Report at Koforidua in the Eastern Region.

The workshop was organized by the Institute of Financ…

BoG shuts down two financial institutions

The Bank of Ghana has closed down two financial institutions in the country. This was after the central bank investigation revealed that the two companies were operating without approval.

The two companies were Agro Development Fund Services Limited (ADFSL) and Hebron Financial Investment Limited (HFIL).

The Daily Express gathered that the ADFSL was asked to stop operating after the central bank realized the institution had not been licensed to take deposit from the public.

A statement from BoG said the ADFSL continued to operate despite the orders from the Bank of Ghana. It however closed down ADFSL’s operation until further notice.

The Bank of Ghana said that the ADFSL is located at Asufufu, opposite the Sunyani Traditional Council in the Brong Ahafo region.

“The decision to close down ADFSL is in furtherance of section 20(2) (g) of the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). Bank of Ghana has investigated ADFSL thoroughly and has concluded that its a…