Piedmont Lithium Joins AmCham Ghana

The Chamber is pleased to announce Piedmont Lithium as our new Platinum Member. Piedmont is developing a world-class integrated lithium business in the United States, enabling the transition to a net-zero world and the creation of a clean energy economy in America.

Piedmont Lithium 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, we’re just 25 miles west of the bustling city of Charlotte. This highly strategic location allows us to drive accessibility and affordability for American companies who are, in large part, currently tied to material resources in remote parts of the world that impact their entire business model.

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

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.

This conditional agreement represents a unique opportunity to fast-track the development of its industry-leading asset and fund its pathway to production, all whilst providing the opportunity for Ghana to become the first lithium producer in Western Africa. Learn More

Webster University IR Masterclass – African Continental Free Trade: Implementation Challenges and the Prospects for African Development

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With the world being a global village, trade is an important economic factor for the development of many economies. Trading dates back to centuries where an early form of trade- barter saw the direct exchange of goods and services for other goods and services. As time evolved and globalization emerged, trade changed, becoming broader and more complex. The formation of trade blocs, such as the European Union (EU) and the Pacific Alliance, paved the way for policies such as free trade, constituting bilateral and multilateral trade, which greatly expanded market access and spurred economic growth.

According to the African Development Bank, in 2014 only 16% of international trade took place between African countries. The United Nations Conference on Trade and Development (UNCTAD) also reports that Intra-African exports were 16.6% of total exports in 2017, compared with 68.1% in Europe, 59.4% in Asia, 55.0% in America and 7.0% in Oceania.

The African Continental Free Trade Area is widely seen as a crucial driver for economic growth, industrialization, and sustainable development in Africa. The agreement seeks to create a single African market of more than a billion consumers with a combined GDP of U$2.5 trillion. Through its various protocols, the AfCFTA Agreement addresses trade in goods (tariff liberalization schedules, non-tariff barriers, rules of origin), trade in services, competition, investment, and intellectual property. It is expected to boost intra-African agricultural trade, currently estimated to be less than 20 percent of total agricultural trade.

Despite its prospects, there continue to be implementation challenges that could thwart the efforts of the agreement.

Delta Air Lines Trade And Corporate Seminar

Delta Air Lines partnered with Air France and KLM to organize a 2-day Seminar dubbed “Back in the Skies with AFKLDL” from November 3 – 4, 2021. The seminar aimed to educate participants on the new travel requirements as the U.S. reopens to fully vaccinated foreign travelers on November 8 and also recap the ticketing policies and innovative tools the two airlines have introduced to ensure that their customers can book with confidence and travel with flexibility.

Day one of the seminar was dedicated to Trade Partners – Travel agents attended the event and were very pleased to have representatives from the visa section of the American and French Embassies make presentations on new travel policies and requirements. The second day was an interactive session with corporates. Representatives from the American Chamber of Commerce, Ghana, and the Ghana Netherlands Business and Culture Council were present to speak to participants about their relationships with the airlines and the benefits businesses get from being Chamber members.

The Joint Venture between Air France KLM and Delta Air Lines in the Ghana market has put the airlines in a good position to serve travelers what they truly desire: more choices, more frequencies, more convenient flight schedules, and superior customer service.

ALLSTAR Insurance Brokers Committed To Providing World Class Services To Its Clients

AmCham Ghana Executive Secretary, Simon Madjie, engaged with the management of ALLSTAR Insurance Brokers on their operations in the country. ALLSTAR Insurance Brokers provides bespoke insurance brokerage services to individuals, corporations, affinity groups, and MSMEs.

The company has access to all insurers in Ghana and several international partners, allowing risk to be reviewed and built from the ground up.

Allstar Brokers can tailor benefits to protect your company and employees, including burglary insurance, cash-in-transit, goods-in-transit, public liability, bankers indemnity, advance mobilization, customs bond, assets all risks, combined fire package, fleet motor vehicle, group life, group medical, international group medical, group personal accident, and critical illness insurance, key man insurance, shareholders protection insurance, medical expenses, evacuation & repatriation, welfare insurance schemes, and many variations thereof.

Delta Air Lines And AmCham Ghana Set For More Future Collaborations

AmCham Ghana and Delta Air Lines are set for more collaborations in the future to host events on issues of mutual interest. This was disclosed when the chamber’s Executive Secretary, Simon Madjie, paid a visit to the offices of Delta and engaged with the Sales Manager for Ghana, Liberia, and Cote d’Ivoire, Eloina Baddoo.

Delta Air Lines is one of the longest-standing members of AmCham Ghana and has collaborated on many events in the past. Every year, nearly 200 million travelers trust Delta to get them where they’re going.

Delta is the first and longest-serving American carrier connecting Ghanaians and Americans for business, leisure, and medical travel in safety and comfort since 2006.

AmCham Ghana Meeting With Government Account And Local Content Head At Baker Hughes

AmCham Ghana Executive Secretary, Simon Madjie, met with William Yeboah, Government Account and Local Content Head at Baker Hughes, to discuss the company’s operations and possible areas of collaboration with the chamber.

The AmCham Ghana Gold Member, Baker Hughes is a U.S company with operations in more than 120 countries and works in partnership with our customers, wherever they are, to deliver better outcomes.

Baker Hughes is committed to an inclusive and collaborative culture, helping its 54,000 employees develop their careers and thrive at work every day.

Nii Plants & Car Rentals Limited Opens New Corporate Office

Nii Plants and Car Rentals, on Friday, October 1, 2021, officially opened its new ultra-modern corporate office at Dansoman in Accra.

The new office complex is also home to the company’s subsidiaries, Plantsville Residences, NiiPlants Logistics, and Puffs Ghana.  The new building was designed and constructed by another AmCham Ghana member, Landsar Developers Ltd.

Nii Plants has built up a solid reputation in providing unbridled customer-focused total mobility services since its establishment in 2007.

The company has positioned itself to cater to your business needs, organizing airline travel ticketing, ensure that you travel in comfort, style, and safety. The Nii Plants Business Concierge service is designed to cater to all your executive and personal needs. They rent and maintain cars on your behalf whatever the size of your business or requirements.

Nii Plants is committed to providing a full range of unmatched service standards, competitive rates, and professionalism by meeting the demands of customers. Learn more

Ecobank, People’s Pension Target Workers, Especially the Underserved With a Digital Pension Product

People’s Pension and Ecobank Ghana have launched a new innovative digital pension product that will allow all workers, particularly informal workers who make up about 85% of the Ghanaian workforce, to contribute towards a better retirement through the Ecobank Mobile App and the Ecobank Xpress points nationwide.

On the Ecobank Mobile App, the product is listed as a biller option under Pensions Biller. It enables both new and existing People’s Pension and Ecobank customers to contribute conveniently towards their pension. For informal workers, it provides a much-needed avenue for them to save and for formal sector works, this plan can be used to augment their mandatory schemes.

For the second sign-up channel which is the Ecobank Xpress points, eligible members of the public can sign up for the pension scheme at over 6000 Xpress points nationwide. These agent points are readily available in the communities and offer the ease and convenience of signing up without travelling long distances to access the service.

Bringing pension services closer to everyone through this partnership will create a significant impact and help accelerate the financial inclusion drive and generate enormous benefits to the Ghanaian economy. This partnership is also in line with the Sustainable Development Goals 1 and 8 of ensuring No Poverty and Decent Work and Economic Growth for all.

Speaking at the launch, CEO of People’s Pension, Saqib Nazir, noted that Ghana’s informal sector workers, largely underserved with financial services, form part of the 400 to 500 million in West Africa and the two billion people globally who need financial services extended to them.

Whereas the risk of extending financial services to the informal sector is high, there is also a huge potential of funds to be mobilized from that sector for national development when they are financially included while creating value and security for the contributors.

Saqib Nazir noted that financially including the informal sector has been a difficult one over the years. Still, strategic partnerships like Ecobank and People’s Pension present flexible and innovative pensions that should enable informal sector workers to get on board and secure a future for themselves easily.

The Managing Director of Ecobank Ghana, Dan Sackey, on the other hand, said this new partnership is testimony to Ecobank’s avowed commitment to using digital technology to drive financial inclusion and create value for Ghanaians, especially the largely underserved informal sector.

He said the move has a two-edged sword of ensuring financial inclusion to secure informal sector workers’ long-term welfare and unlocking and redirecting capital for long-term national development.

Director of Research, Planning, Monitoring and Evaluation at the National Pensions Regulatory Authority (NPRA), Amartey Vondee, lauded the two institutions for designing such an innovative product that helps extend pension coverage in the country.

CITAM Joins AmCham Ghana

CITAM Ltd was established in 2007 as a training, consulting, and recruiting firm to provide world-class service to individuals and organizations.

Over the years, however, it has gained a reputation as a major firm providing technology and management solutions with a focus on human resource management.

They have provided services to Government, Public and Private institutions. Our expertise spans Strategic Planning, Organizational Restructuring, Performance Management Systems, Rewards Management System, Management Information System, and Business Services.

CITAM has an office in Virginia serving the Washington, DC metro area. In addition to providing training, consulting, and recruiting services, this office is dedicated to assisting American companies and investors who wish to do business in Ghana and Africa. Learn more

On behalf of the AmCham Ghana Board of Directors, the chamber welcomes CITAM to our community of progressive business.

Baker Hughes Joins AmCham Ghana

Baker Hughes, an American international industrial service company and one of the world’s largest oil field services companies joins AmCham Ghana as a Gold Member.

The company is the leading energy technology company. They design, manufacture and service transformative technologies to help take energy forward.

For more than a century, their inventions have revolutionized energy. They harness the power of engineering, data, and science to redefine what’s possible.

With operations in more than 120 countries, Baker Hughes works in partnership with our customers, wherever they are, to deliver better outcomes. They are proud that their people and the company’s businesses are part of the fabric of the communities in which they work. Learn more