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Entrepreneurship Seminar 2012 Embassy of the United States of America Tamale, Ghana Sept, 2012.

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Presentation on theme: "Entrepreneurship Seminar 2012 Embassy of the United States of America Tamale, Ghana Sept, 2012."— Presentation transcript:

1 Entrepreneurship Seminar 2012 Embassy of the United States of America Tamale, Ghana Sept, 2012

2 Ghana: GDP/FDI Trend

3 Investors Attracted to Ghana FDI projected to top $5 billion a year over the next five years – creating 45,000 jobs yearly FDI: GIPC’s 2012 first quarterly update shows U.S. ranked first with $407 million Strong democratic potential Strong macroeconomic fundamentals Ease of doing business – Ahead of Brazil, India, China, Russia (BRIC)

4 Agriculture Needs Investment

5 U.S. Mission Assistance – West Africa Trade Hub – helped over 200 West African local companies export value-added products to the U.S – USAID Ghana – supported over 500 FBOs, CBOS, trade and business associations in 2011 – MCC – Trained over 66,900 farmers and assisted over 1,700 agribusinesses and 130 rural banks as part of MCC Compact I – Technical advisors in Ministry of Finance, Ministry of Food and Agriculture, Bank of Ghana, Ghana Revenue Authority Improve delivery of public services/revenue collection Strengthen financial institutions

6 U.S. Mission Assistance II – Commercial partnerships American Chamber of Commerce Corporate Council of Africa/U.S. Africa Business Conference – Infrastructure projects through concessional lending and feasibility studies – water/sanitation, healthcare, aviation, energy – International Buyers Program/Trade Shows – International Visitors Leadership Program – Trade Missions

7 Total two way trade has more than doubled over the last three years from $754 million in 2009 to $1.93 billion in 2011 Thousand Dollars AGOA

8 Top Four Export Sectors from Ghana to the U.S. Thousand Dollars


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