Ghana's President says Africa's stride in mobilising resources commendable

Ghana's President, Nana Akufo-Addo at the on-going Africa Investment Forum in Abidjan says Africa's progress in securing more project financing at a time of major economic headwind reflects the resilience of the continent and opportunities for more to come.

Thu, 03 Nov 2022 11:48:12 GMT

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AI Generated Summary

President Akufo-Addo emphasizes the need for collaboration across Africa to address the project financing challenge and drive economic growth.
Innovative solutions and effective resource utilization are highlighted as key factors in advancing infrastructure development and economic prosperity.
Strategic investments in the infrastructure sector hold the potential to propel Ghana and other African nations towards sustainable progress and resilience.

Ghana's President, Nana Akufo-Addo, recently spoke at the Africa Investment Forum in Abidjan, shedding light on Africa's strides in mobilizing resources for project financing amidst challenging economic conditions. President Akufo-Addo emphasized the importance of collaboration across the region to tackle the financing challenge that many countries face. The President highlighted the need for innovative solutions and effective utilization of available resources to drive economic growth and infrastructure development. During the interview, President Akufo-Addo acknowledged the hurdles associated with project financing in Africa, noting that individuals with capital must be willing to invest in transformative projects that contribute to the continent's development. He emphasized the critical role of institutions in supporting economic growth and urged stakeholders to leverage partnerships to achieve sustainable progress. President Akufo-Addo reiterated the significance of strategic investments, particularly in the infrastructure sector, to propel Ghana and other African nations towards a path of prosperity. He underscored the potential for increased project financing opportunities and highlighted the resilience of the continent in securing funding amidst economic headwinds. The President's insights at the Africa Investment Forum reflect a broader narrative of Africa's evolving economic landscape and the collective effort to mobilize resources for sustainable development. As countries navigate the challenges of financing projects, President Akufo-Addo's vision for collaboration and innovation serves as a guiding principle for unlocking new opportunities and driving progress across the region. In conclusion, President Akufo-Addo's address at the forum underscores the transformative potential of strategic project financing in Africa and emphasizes the continent's commitment to leveraging partnerships and resources for inclusive growth and development.