Interbrand Ghana Limited Joins AmCham Ghana

The Chamber is pleased to welcome Interbrand Ghana Limited to our community of progressive businesses as #PlatinumMembers.

Interbrands Ghana Limited is a privately owned trading and distribution company with over 25 years of experience in the fields of importing and distributing in Ghana. The basic function of the company is to source and distribute Fast-moving consumer goods (FMCG) from both the domestic and overseas markets.

Interbrands Ghana Limited is a subsidiary of GMA Group, an American company headquartered in New York City. GMA Group is a multi-industry holding company with a specialty in sourcing, manufacturing, wholesale, and real estate in the U.S. and around the world for almost three decades.

The company has the vision to become the leading consumer product distributor in Ghana by bringing quality products that add value to people`s lives, constantly recognizing changes in lifestyle and consumer preferences, while relentlessly pursuing customer and employee excellence.

IGL is dedicated to delivering sustainable excellence in business performance by focusing on Client/Suppliers` requirements to achieve customer satisfaction and profitability with quality product ranges. Learn More

CONTACT

Phone: +233-540124893
Email: info@interbrandsghltd.com

Address: MF Building, 20
Ashiakle Crescent Abelenkpe
P.M.B 47 Kanda Accra, Ghana

Mon – Fri 8:00Am – 5:00Pm
Sat – 9:00 AM – 1:00 PM
Sun – Closed

 

Junior Achievement Joins AmCham Ghana

Junior Achievement (JA) Ghana, a member of JA Worldwide, one of the world’s largest global, nonprofit organizations dedicated to empowering young people to own their economic success by enhancing the relevance of education, joins AmCham Ghana.

JA’s unique and experiential programs focus on the areas of work readiness, entrepreneurship, and financial literacy. Their programs employ a range of hands-on activities to give young people the opportunity to apply their knowledge and skills practically.

JA gives students the knowledge and skills to start and manage their businesses and to apply entrepreneurial thinking to solve everyday problems. They work to expand young peoples’ abilities to manage their finances smartly and effectively, through proven programs.

Junior Achievement was founded in the United States in 1919 to help prepare immigrant youth to enter the workforce in the country, without being disadvantaged in terms of preparedness. In 1955, JA expanded beyond the United States, and today, its programs are delivered to young people across the world.

Since its establishment in Ghana in 2008, JA Ghana has served over 20,000 Ghanaian youth in over 80 schools/institutions, across the country, with financial, in-kind, and volunteer support from stakeholders such as Nokia, Coca-Cola, Newmont Goldcorp Ghana, Goldfields Ghana Ltd, Fidelity Bank, GE, Prudential Life Insurance Ghana, Delta Airlines, Aiducation International and Swiss Re. Learn more…

 

Contact

NTHC No. 1 Aviation Lane, Baatsona – Spintex, Accra-Ghana

Email: info@jaghana.org
Telephone: +233 30 272 8249

Fair Trade Outsourcing Joins AmCham Ghana

The American Chamber of Commerce, Ghana, is pleased to announce Fair Trade Outsourcing as our new #GoldMember. Fair Trade Outsourcing is a fast-growing BPO company and fair trade outsourcing center that provides impact sourcing work for companies worldwide.

Fair Trade has its main office is in Philadelphia, Pennsylvania with a global network of delivery centers in the Philippines, Mexico, and Ghana.

The quality and results they produce are not from the number of “seats” that they have but from its smart, skilled workers – the “Humans of Fair Trade Outsourcing.”

The company guarantees a safe work environment, transparency, and accountability. They have pioneered programs that make a positive social and economic impact on their agents, their families, and communities. As an advocate of the Fair Trade Principles, Fair Trade Outsourcing has implemented a Learning and Development Program that seeks to build agents’ capacities (not just train them) and reward them for working hard to improve their capabilities.

Their goal is to provide as many people as possible with impact sourcing work that pays up to 3 times the poverty line to move them into the middle-class as soon as possible and convert them from mere wage earners to capital owners. Learn more…

 

Contact

Fair Trade Outsourcing Inc.
2F Sethi Plaza and Realty
Kwame Nkrumah Ave
Adabraka, Accra
GHANA 23321

AmCham Member Focus: Piedmont Lithium – Sustainability Through Responsible Lithium Hydroxide Manufacturing

Piedmont Lithium, a Platinum AmCham Ghana, is on target to become the only integrated producer of lithium hydroxide from spodumene ore in the United States. With assets located in the mineral-rich, world-renowned Carolina Tin Spodumene belt in North Carolina.

In July this year, Piedmont entered into a conditional binding agreement with IronRidge Resources to fully fund and fast track the Ewoyaa Lithium Project, part of IronRidge’s Ghanaian Cape Coast Lithium Portfolio (CCLP), to production.

Piedmont President and CEO Keith Phillips, hinted in a recent statement that spodumene production at Ewoyaa in partnership with Atlantic Lithium could begin as early as 2024. This is expected to feed the lithium hydroxide plant – LHP-2.

The company recently reported the results of a Preliminary Economic Assessment (“PEA” or “Study”) for a proposed merchant lithium hydroxide plant (“LHP-2”) to expand Piedmont’s planned U.S. manufacturing capacity to 60,000 t/y of lithium hydroxide. The LHP-2 PEA results demonstrate the potential for Piedmont Lithium to expand its lithium hydroxide manufacturing business using spodumene concentrate from market sources, including under existing offtake agreements with Sayona Quebec and Atlantic Lithium. Get the full report here

Piedmont has developed a more stable and sustainable Lithium production solution designed to provide a significantly smaller footprint. They have a responsibility to be good stewards of the land, our planet, our environment, and our community. Working in the most sustainable way possible is their number one priority because they understand what they produce is directly related to positively impacting the sustainability of our planet by helping to reduce global carbon emissions for future generations.

Piedmont Lithium supplies metals and minerals used to build “green energy” innovations and conventional consumer and industrial products. From producing Lithium-ion battery metals to minerals used in everyday consumer products, using sustainable technologies throughout their operations.

Piedmont Lithium continues to develop its Corporate Social Responsibility position including identifying key values that reflect its continual commitment to supporting global efforts. Their part in the process includes pinpointing hazards, analyzing risks, and implementing standards for mining operations and supply chain activities as well developing internal safety standards and guidelines to mitigate the risks and hazards associated with its entire value chain. Learn more 

Implications of AfCFTA for International Businesses

The AmCham AfCFTA Resource Centre, under the auspices of the Ameican Chamber of Commerce, Ghana, on Tuesday, March 8, hosted Dode Seidu, a trade advisor and AfCFTA consultant for the first edition of the webinar series on the implications of African Continental Free Trade Area agreement for international businesses.

The event provided an overview of the trade agreement and updates on its implication. Our speaker also touched on the Rules of Origin and its benefits for International Businesses and provided insight into AfCFTA in the context of intra-Africa trade.

The African Continental Free Trade Area (AfCFTA) agreement creates the largest free trade area in the world measured by the number of countries participating. The pact is said to connect 1.3 billion people across 54 countries with a combined gross domestic product (GDP) valued at US$3.4 trillion.

The trade agreement aims to create a single market for goods and services, facilitated by the movement of persons to deepen the economic integration of the African continent. So far, 28 countries have made Tariff Offers that have been certified by the AfCFTA Secretariat as having met the minimum threshold requirement of 90% of the tariff lines and ready to commence trading under AfCFTA.

As to the implications for international business, the mutual recognition of standards, licensing, and certification of service suppliers will make it easier for businesses and individuals to satisfy the regulatory requirements of operating in each other’s markets. Also, the dispute settlement mechanism provides a rule-based avenue for the resolution of any disputes that may arise between State Parties in the application of the agreement.

Watch the full event below.

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AmCham Ghana 25th PwC Annual Global CEO Survey Digest

The Chamber, on March 1, 2022, hosted Richard Ansong, Partner at PwC Ghana, for a webinar on the recently released 25th PwC Annual Global CEO Survey titled Reimagining the Outcomes that Matter. The webinar was to break down the survey findings to provide insight into what global CEOs make of the business year ahead as businesses gradually recover from the pandemic.

The 2022 Global CEO Survey reflects the threats, uncertainties, and tensions associated with the pandemic and other issues such as cyberattacks and macroeconomic shock. Over the past 25 years, PwC has had the privilege to gather insight and sentiment of CEOs around the world to analyze and provide some perspective as to what is most important and works most for these CEOs.

The survey was conducted in October and November of 2021, and in aggregate, CEO optimism has remained stable, and high. About 77% of executives said they expect global economic growth to improve during the year ahead, an uptick of one percentage point from the previous survey (conducted in January and February of 2021) and the highest figure on record since 2012.

Watch the full webinar below.

 

AmCham 2022 Black History Month Celebration

The American Chamber of Commerce, Ghana, in collaboration with Webster University Ghana Campus and Yaw Pare Photography, on February 24, 2022, marked the 2022 Black History Month celebrations with art at the Webster Ghana campus.

Held under the theme,  The Health and Wellness of Accepting the Remnants of a Haunted Past. (The role of Forts and Castles of Ghana, by Yaw Pare), the event was attended by members, friends, and associates of the Chamber and our organizing partners.

The 2022 AmCham Black Month celebration featured remarks from the Chamber’s Executive Secretary, Simon Madjie, and Membership, External Relations, and Project Manager, Jane Okyere-Aduachie. It also featured remarks from the President of the African-American Association of Ghana, Sherrie Thompson, the Academic Director at Webster Ghana, Dr. Linda Deigh, and Yaw Pare who shared the story behind his new book, Remnants of a Haunted Past: Forts and Castles of Ghana.

The forts and castles themselves bear witness to the horrors of the transatlantic slave trade and slavery, so too do these photographs provide compelling material and visual testimonies, offering possibilities for understanding that words do not. Yaw’s camera captures a reality that many choose to remember but just as many choose to forget. Ultimately, Remnants of a Haunted Past: Forts and Castles of Ghana constitutes an attempt to document the past so that it is never forgotten in the present.

The event featured poetry on the beauty of Ghana and a drama skit reenacting the horrors of the slave trade.

Black History Month is an annual celebration of achievements by African Americans and a time for recognizing their central role in U.S. history. Also known as African American History Month, the event grew out of “Negro History Week,” the brainchild of noted historian Carter G. Woodson and other prominent African Americans. Since 1976, every U.S. president has officially designated the month of February as Black History Month. Other countries around the world, including Canada and the United Kingdom, also devote a month to celebrating Black history.

The State of Security in West Africa | An Epidemic Of Coup D’États;” Is West Africa Still Attractive For FDI?

The Chamber, on Wednesday, February 23, 2022, hosted a webinar on the state of security in West Africa to discuss the impact of the various coups on Foreign Direct Investment to the region.

Speaker for the event, Mutaru Mumuni Muqthar, Executive DirectorWest Africa Centre for Counter-Extremism, provided insight into the history of coup d’etats in West Africa.

His presentation also covered the threat of extremism in the region, stating that about 53% of West African countries are currently experiencing terrorist violence. According to Mutaru, piracy has also descended from the Horn of Africa to the waters of the Gulf of Guinea. “Gulf of Guinea is currently the deadliest waters globally. 43% of all piracy incidents took in the Gulf of Guinea in Q1 of 2021.”

Despite these challenges, Mutaru maintained that West Africa is still attractive for Foreign Direct Investment. Nigeria, he said attracted one-tenth of all FDI in 2020, notwithstanding threats of terrorism and COVID-19.  The continent continues to see a huge increase in FDI. “A year after the pandemic, there has been more than $4.7 billion in venture funding.”

Watch the full event below.

AmCham 2022 Ghana Economic Outlook Forum

AmCham Ghana on January 28, 2022, hosted the 2022 edition of the Ghana Economic Outlook forum. Speakers for the event included Abeku Gyan-Quansah, Tax Partner at PwC Ghana, and Eric Osei-Assibey, Associate Professor at the Department of Economics at the University of Ghana.

Their presentations focused on the practical implications of the 2022 budget, provided insight into the government’s tax provisions, fiscal and monetary development, debt sustainability, and key macroeconomic performance and targets.

They also shared insight on the upside and downside of the country’s economic outlook.

Watch the full session below.

 


 

 

 

 

 

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AmCham Member Spotlight: United Airlines- Let’s Get Reunited, World

United Airlines joined AmCham Ghana in 2021 and has since remained an active member of the Chamber. United, a major American airline headquartered in Chicago, Illinois, re-launched its services to Ghana with flight UA996 onboard the Boeing 787 Dreamliner from Washington D.C to Accra on Saturday, May 16, 2021.

The airline runs a thrice-weekly service to Kotoka International Airport from several major cities in the United States including Washington, D.C.(IAD), Los Angeles(LAX), New York/Newark(EWR), and San Francisco(SFO). 

United Airlines has also helped deliver millions of COVID-19 vaccines to Ghana from the United States under the COVAX program.

During the re-launch in May last year, the United States Ambassador to Ghana, Stephanie S. Sullivan, said ”this direct route will increase opportunities for cross-border trade, visits to Ghana’s amazing tourist destinations, as well as those in the United States, and of course, reunions with family and friends.”

”I’m pleased that United Airlines, with its impeccable service and safety records, and its 95-years as one of the world’s most recognized airlines, has returned to serve the Ghanaian market.  Sometimes a video chat just isn’t enough, and it’s evident that United Airlines understands this as well,” the Ambassador added.

As a global airline driven by its purpose and values, United is in the business of bringing people together. Looking ahead, they’re aiming even higher: United is committed to doing its part to create a more diverse, equitable, and inclusive workplace and world.

Their approach to Diversity, Equity, and Inclusion (DEI) is key to a strong culture at United and a critical competitive advantage.

Over the past decade, their focus has evolved from excellence in employee engagement and talent programs to a strategic approach that embeds DEI throughout their business and impacts the communities where they work, live, and fly.

United is determined to be a global leader in DEI and will continue to work to ensure its people, policies, and processes reflect the customers and communities they serve. Learn More

United has eight hubs, with Chicago–O’Hare being its largest in terms of passengers carried and the number of departures. They are also a founding member of the Star Alliance, the world’s largest airline alliance with a total of 28 member airlines.