The Oxford Business Group (OBG), a global research and advisory company, has signed a Memorandum of Understanding (MoU) with the Association of Ghana Industries (AGI) to work on ‘The Report: Ghana 2023’.
The Report: Ghana 2023 explores the country’s efforts to attract investment for key sectors of the economy identified as ripe for growth on the back of newly implemented economic policies and reforms. It would also analyze policies centered on scaling up local manufacturing and shine a spotlight on the country’s bid to modernize its important agricultural sector through the introduction of tech-led advancements.
Seth Twum-Akwaboah, the CEO of AGI, speaking at the signing ceremony in Accra, noted that the research partnership for ‘The Report: Ghana 2023’ came at a key juncture for the country, with discussions between the Ghanaian authorities and the IMF for a support programme at an advanced stage and openings emerging across numerous high-growth-potential sectors of the economy.
“These are significant times for Ghana, with efforts to restore macroeconomic stability and positive growth forecasts combining to boost investor confidence. OBG’s economic reports are recognized worldwide as the go-to source of reliable, accurate data and analysis. I’m delighted that we will once again have the opportunity to contribute to the group’s country report and highlight Ghana’s strengths and potential to investors.”
Seth Twum-Akwaboah
Ramona Tarta, OBG’s Country Director for Ghana, stated that the country’s efforts to ensure new growth are sustainable, more inclusive, and would sit well with the international investment community.
“While home to an abundance of natural resources, Ghana is also focusing on further developing the midstream segment and value-addicted components of the economy, such as agro-processing in food and beverages. Many of the businesses in these and other fields are represented by the AGI, which plays a key bridging role between the private sector, investors, and government entities.”
Ramona Tarta
Analysts and Subscribers to Benefit
Ms Tarta noted that she was thrilled that both analysts and subscribers would benefit from the association’s local knowledge and in-depth understanding of Ghana’s rapidly developing economic landscape.
“These are significant times for Ghana, with efforts to restore macroeconomic stability and positive growth forecasts combining to boost investor confidence. OBG’s economic reports are recognized worldwide as the go-to source of reliable, accurate data and analysis.”
Ramona Tarta
Meanwhile, the Report: Ghana 2023 will explore the country’s efforts to attract investment for key sectors of the economy identified as ripe for growth on the back of newly implemented economic policies and reforms.
The report will also map out Ghana’s growth prospects, providing an in-depth analysis of the heightened activity evident across the extractive industries, which has been a major contributor to the positive economic forecasts for 2023 and beyond. Meanwhile, the latest developments in the Ghanaian authorities’ efforts to secure a possible IMF-supported program through ongoing discussions with the international organization are another topic set for coverage.
It can be recalled that Oxford Business Group signed a similar MoU with PwC Ghana to explore Ghana’s Digitization in the 2023 Report. The MoU with PwC Ghana was intended to explore Ghana’s far-reaching digitization program and its implications for businesses operating across the economic sectors in a forthcoming report by the global research and advisory company Oxford Business.
The Report: Ghana 2023 will contain contributions from leading personalities in the public and private sectors, including Yoofi Grant, CEO of Ghana Investment Promotion Centre; Ken Ofori-Atta, Minister for Finance; Joseph Boahen Aidoo, CEO of Ghana Cocoa Board; and Ernest Addison, Governor of the Bank of Ghana.
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