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

Ghana: GDP/FDI Trend

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)

Agriculture Needs Investment

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

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

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

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