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Upsurge in American business interest in Ghana - Businessman
Accra, Feb. 20, Ghanadot/GNA – The focus
on Ghana by US President George W. Bush in recent times has
ignited a new trend of American business interest and
exploration in a triangular venture to propel Ghana into the
global market place.
The triangular venture seeks to focus on and develop
collaboration with the government, business communities and
educational institutions to make Ghana a competitive
destination in the global market place, Mr Joseph Paul Cool,
President of Cool and Associates Incorporated of US told the
Ghana News Agency in Accra on Tuesday.
"Development in the global marketplace calls for pragmatic
business operation orientation by countries to attract the
necessary investors…as nobody would pay attention to you if
you don’t create value for your products – tangibles and
intangibles," he said.
Mr Cool is currently in the country as advanced team leader
under the Mosaic Ghana Initiative, which seeks to connect
Michigan and Ghana to provide significant opportunities for
growth.
The exploration would focus on common market sectors –
mining, light manufacturing, transportation, communications,
health care, long distance learning, athlete training,
student exchange programmes and unique products for Michigan
merchants in the area of joint ventures, distributorships,
investment and consulting.
Mr Cool explained that Mosaic Ghana Initiatives is a
coalition of several south-eastern Michigan companies
including Multicultural Community Partnership, MBC Global,
Cool and Associates, Divine Breeze, Russell and Associates,
all Michigan-based international organizations in
collaboration with Paulson Ventures of Ghana.
Mr Cool would speak to the students and operatives in
business communities in Accra, Tema, Kumasi and Atimpoku on
various topics including: "Key Success Factors from a Global
Perspective”, “Going Global-The Challenges for Local
Employers” and “Marketing in the Global Marketplace”.
He said Mosaic mission sought to use Ghana, not only as a
gateway to Africa but also to establish Accra as the hub of
Mosaic Africa centre.
Mr Paul Adotey, Chief Executive Officer of Paulson Ventures,
noted that African nations with high youth unemployment
rates continued to thwart small and medium businesses with
heavy legal burdens and piecemeal reforms.
He therefore called for intensification of business
operational reforms to make the continent competitive in the
global marketplace, stressing that Eastern European
countries were aggressively courting entrepreneurs with
far-reaching reforms that streamlined business regulations
and taxes.
Mr Adotey said jobs were a priority for every country,
especially African countries, as they sought to accelerate
development and alleviate poverty and noted that the
creation of enabling environment for business was a key
instrument to fighting poverty.
He said women, who made up three-quarters of the work force
in most African and some developing economies, would be big
beneficiaries of such interventions.
GNA
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