The London Stock Exchange (LSE) has agreed to cooperate with Ghana to develop some of the capital markets
infrastructure that can sustain and deepen the financial markets in Ghana .
Ghana beyond aid
“Back in Ghana, we are aiming at a Ghana Beyond Aid. This requires that we put together the right economic policies capable of delivering on the Beyond Aid agenda, our financial systems should be robust enough to support local businesses as well as international investors. We consider cooperating with the LSE as a step in the right direction,“
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A working group, to be led by Ghana’s Ministry of Finance and the Emerging Markets Division of the LSE, is to see to the effective
Recent financial sector reforms and performance of Ghana continue to impress the international financial community, leading to significant interest and investment flows into the country.
Last year, for instance, Ghana overtook the West African giant, Nigeria, in foreign direct investment (FDI) flows.
With such significant strides, Ghana is poised to become the leading financial services hub in Africa.
This, however, requires substantial improvements in the existing financial services infrastructure.
Among the delegation from Ghana were Papa Owusu Ankomah, Ghana’s High Commissioner to UK; Mr John Alan Kwadwo Kyeremanten, the Minister for Trade and Industry; Prof. George Gyan-Baffour, the Minister of Planning; Mr Charles Adu Boahen, a Deputy Minister for Finance, and Mr Yofi Grant, CEO, Ghana Investment Promotion Centre (GIPC).