President Akufo-Addo woos investors to help address Ghana’s $450 billion gap in SDGs

President Akufo-Addo has called on the business community to consider Ghana as an investment destination and help bridge the $450 billion financing gap of the Sustainable Development Goals (SDG).

He persuaded business leaders to explore the numerous opportunities inherent in government’s transformational agenda to build a resilient economy.

Addressing about fifty International and local CEOs as well as the launch of Ghana’s SDGs country financing Roadmap, President Akufo-Addo noted that Ghana is a prime destination for doing business as it is ranked the most peaceful country in West Africa.

Government in partnership with the World Economic Forum’s sustainable development Investment partnership initiated the country’s financing Roadmap for the SDGs. The initiative serves to quantify the financing gap, identify and develop strategies to bridge the gap for immediate and long term national development priorities in line with the SDGs.

This is expected to be done by formulating joint action plans to attract greater investment.

Moderated by the President of the World Economic Forum, Borge Brende, via zoom, President Akufo-Addo answered questions on vaccination, health, agriculture, food security, public -private sector partnership, national security and the SDGs among others.

President Akufo-Addo said the SDG financing presents a good opportunity for the private sector to grow their businesses.

He extended an invitation to the private sector, domestic and foreign, to take full advantage of SDG -related business opportunities in the areas of infrastructural development, agriculture, industry, energy, health, communication, education, and water and sanitation.

He told the CEOs that the Ministry of Finance is preparing a pipeline of bankable SDGs initiatives, which will form the basis for a catalogue of well-prepared, commercially attractive projects.

The President said Ghana is the right destination for doing business on the continent. He reinforced the commitment of government to join hands with the private sector and forge strong and beneficial partnerships.

CEOs across the globe who joined the special dialogue praised the President and his government for efforts made to fight coronavirus as well as measures being taken to revive the economy following the devastating effects globally.

By: Bright Ntramah.

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