U.S. Ambassador Virginia Palmer Hosts Breakfast Meeting with AmCham Ghana Members

On April 2, 2025, the American Chamber of Commerce Ghana, in collaboration with the Foreign Commercial Service of the U.S. Embassy, hosted a Membership Breakfast Meeting with U.S. Ambassador Virginia Palmer at her residence.

The event commenced with opening remarks from H.E. Virginia Palmer, who highlighted the principle of reciprocity in U.S.- Ghana commercial relations and celebrated a notable 12% increase in U.S. exports to Ghana over the past year.

The meeting featured insightful discussions on key sectors of Ghana’s economy:

2025 Budget Outlook – Presented by Hon. Seth Terkper, providing key fiscal insights and emerging opportunities.

Mining Sector Trends – Led by Abraham Agbozo, Head of External Relations & Social Performance at Newmont, discussing key industry issues.

Oil & Gas Sector Insights – Delivered by Ebenezer Laryea, Chief Operations Officer at Dutylex.

Telecommunications & Digital/ICT Sector – Presented by Ashutosh Singh, CEO of ATC Ghana.

Manufacturing Industry Overview – Shared by Bethel Yeboah, Corporate Affairs Director for West Africa at Coca-Cola.

Agro-Processing Sector Developments – Highlighted by Emmanuel Acquah of Cargill Ghana Limited.

Projections for Ghana’s Healthcare Sector – Provided by Emmanuel Asante Antwi, Country Manager at Johnson & Johnson.

Driving Ghana’s 24-Hour Economy – Insights from Kojo Afedzi Hayford, CEO of E-Services Africa Limited.

AmCham Ghana President Kimathi Kuenyehia ended the event by thanking the Ambassador for an impactful meeting and presented her with a special gift on behalf of AmCham Ghana.

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AmCham Ghana Welcome Reception for Members and Farewell in Honor of Mr. Simon Madjie

The American Chamber of Commerce, Ghana (AmCham Ghana), hosted members for the 2025 Welcome Reception & Farewell in honor of Mr. Simon Madjie on Thursday, March 13, 2025, for a special networking and farewell event. The gathering took place at the residence of AmCham Director, Mr. Ashok Mohinani.

This annual networking event serves as a platform for members to connect, unwind, and explore potential business opportunities. This year, we had the distinct honor of welcoming the Presidential Advisor on the Economy, Hon. Seth Terkper, as our Guest Speaker. He participated in a fireside chat moderated by AmCham Board Director Mr. Joe Mensah, where he provided insightful perspectives on the 2024 Budget, the economic landscape, and emerging business opportunities.

The key highlight of the evening was the farewell session for Mr. Simon Madjie. Former AmCham Ghana Presidents, AmCham Ghana Board Members, Acting Executive Secretary, and distinguished members shared heartfelt remarks, expressing their appreciation for his years of dedicated service and leadership. As a token of gratitude, the AmCham Board of Directors presented Mr. Madjie with a commemorative collage celebrating his invaluable contributions to the Chamber. His unwavering commitment and hard work have left a lasting impact, and we will continue to honor his legacy at AmCham Ghana.

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American Tower Corporation (ATC) meeting with AmCham Ghana

On Wednesday, March 5, 2025, AmCham Treasurer Bethel Yeboah, along with Board Member Mr. Mark Appiah and Acting Executive Secretary Jane Okyere Aduachie, met with representatives from American Tower Corporation (ATC) at the AmCham Secretariat. The meeting focused on discussing the current business environment and exploring opportunities for further development and collaboration.

ATC Ghana is the largest independent owner and operator of shared wireless infrastructure in Ghana. ATC provides towers, in-building systems, power solutions, and services that speed network deployment for the wireless and broadcast communications industry.

VAOB Group Limited Joins AmCham Ghana

AmCham Ghana is pleased to welcome VAOB Group Limited as our newest Gold Member.

VAOB Group Limited is a rapidly expanding multi-industry organization with extensive expertise in originating, structuring, and financing infrastructure projects across West Africa. Over the past four years, VAOB has played a pivotal role in securing nearly $300 million in funding for critical infrastructure projects across Sub-Saharan Africa. Their contributions span diverse sectors, including the supply of rolling stock, hospital construction, bridges, water systems, and other essential infrastructure developments.

Bridging the Infrastructure Gap: The VAOB Story

When our Chairman, Tony P. Burkson, returned to Ghana in 2016 after years in the UK, he saw a continent brimming with potential—yet held back by a familiar challenge: the lack of financing for critical infrastructure. As the founding CEO of the UK-Ghana Chamber of Commerce, he worked closely with businesses, investors, and government agencies to drive economic growth. British companies sought to expand into Africa, Ghanaian businesses pursued international partnerships, and governments had bold visions for infrastructure development. However, time and again, projects faltered due to one fundamental issue—securing financing. Investors hesitated, wary of the lack of structured, bankable deals.

Tony soon realized the problem extended beyond capital—it was about connection. A gap existed between those in need of financing and those with the resources to provide it. African governments and private sector players often lacked the expertise to structure projects in a way that appealed to global investors. Meanwhile, financiers remained cautious, having witnessed too many promising initiatives collapse due to poor planning, corruption, or a lack of transparency. What was missing was a bridge—an entity capable of transforming ambitious infrastructure plans into well-structured, investable opportunities.

The Birth of VAOB Infrastructure Group

Thus, VAOB Infrastructure Group was established to become that bridge—the missing link between vision and execution. By leveraging an extensive network of global financial institutions, export credit agencies, and development banks, VAOB structures deals that attract long-term investment. Whether it’s a highway connecting communities, a state-of-the-art hospital improving healthcare, or an upgraded rail system facilitating trade, VAOB ensures that financing is no longer a barrier to Africa’s progress.

With a deep understanding of both local markets and international investment standards, VAOB has already secured over $400 million in funding for transformative projects. More than just raising capital, VAOB is restoring confidence in infrastructure financing by ensuring transparency, sustainability, and long-term value for both investors and governments.

Beyond Infrastructure: Expanding Our Impact

Recognizing the broader needs of Africa’s economic landscape, VAOB has since expanded, giving rise to two key subsidiaries:

· Verasure, a digitech-driven insurance brokerage, revolutionizing risk management and financial security.

· V-Rail, an engineering company specializing in the refurbishment, leasing, procurement, and supply of new and pre-owned rolling stock across Sub-Saharan Africa.

Our Commitment to Partnerships and Progress

As members of the American Chamber of Commerce (AmCham), we look forward to fostering meaningful relationships, sharing our vision, and exploring new avenues for collaboration. Through the AmCham network, we aim to deepen our engagement, drive impactful partnerships, and contribute to Africa’s development journey.

Africa’s future is being built today—one project, one investment, one partnership at a time. At VAOB, we are not just funding development; we are shaping the foundation of progress.

AmCham Ghana is proud to welcome Africa Skills Hub Foundation as our newest Corporate Member.

Africa Skills Hub Foundation (ASH) is a Ghana-based business development service provider dedicated to creating economic and skill-based opportunities for Africa’s youth, women, and SMEs. Since its establishment in 2016, ASH has empowered young graduates with essential skills and job opportunities, supported SMEs in entrepreneurship, agribusiness, digital transformation, and climate-smart practices, and facilitated access to capital and markets for women-led businesses.

Committed to driving sustainable development, ASH equips women and youth with the tools to become catalysts for change in their communities. Beyond training, ASH offers extensive aftercare services, including regulatory support, IT solutions, financial guidance, legal assistance, market access, and intellectual property services. Additionally, ASH provides a dedicated fund focused on agriculture, green initiatives, and digital innovation, specifically supporting women and youth-led enterprises.

Through strategic partnerships with Pan-African multilateral institutions, private sector leaders, government youth agencies, universities, development partners, and youth-focused organizations, ASH continues to co-create impactful programs that foster growth and innovation across Africa.

We look forward to a meaningful collaboration with Africa Skills Hub Foundation in advancing economic empowerment and sustainable development across the continent.

Enterprise Life Representatives Present the New Corporate Manager and Provide Policy Updates at the Secretariat

On Friday, January 24, 2025, representatives from Enterprise Life visited the Secretariat to engage with our team and provide valuable insights into their insurance policies. During the visit, they introduced their newly appointed Corporate Manager and outlined a range of insurance solutions tailored to corporate and individual needs. This initiative aimed to encourage our members to explore diverse insurance options that offer financial security and long-term benefits. The meeting fostered a collaborative dialogue on the importance of risk management and comprehensive coverage, reinforcing our commitment to equipping members with essential financial planning resources.

 

Board members of AmCham Ghana paid a visit to H.E. John A. Kufuor

On January 8, 2025, the Board of the American Chamber of Commerce, led by Kimathi Kuenyehia, President of AmCham Ghana, paid a courtesy visit to the former President of Ghana, H.E. John A. Kufuor, at his residence.

The visit served as an opportunity to convey heartfelt appreciation for his invaluable support and to honor his presence at the Chamber’s 35th Anniversary Thanksgiving Dinner and Awards Night held in late November 2024.

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Industrial Coatings Africa Unveils New Showroom at North Industrial Area,Accra

Industrial Coatings Africa, the leading provider of industrial coatings and painting solutions, is pleased to announce the grand opening of its new showroom located at North Industrial Area, Dadeban Road, off Klan Street, adjacent Cowbell, Accra-Ghana.

The new showroom showcases a wide range of industrial maintenance & protectivecoatings and painting solutions designed to meet the specific needs of various industriesoperating in harsh and severe environments including Mining, Oil & Gas, Manufacturing, Construction, Marine, Telecommunications, Sewerage & Waste Water Treatment Plants, Aviation, industrial installation & infrastructure development etc.

The facility is equipped with state-of-the-art color matching equipment to produce clients color of choice and expertly trained staff to provide customers with exceptional service and support.

We are thrilled to bring our expertiseas manufacturer and distributor of the industry’s highesttechnology anti-corrosion, anti-abrasion, chemicalresistant, fire-retardant, waterproofing, and industrial flooring coatings to the heart of Africa and our commitment to quality, R&D, coating science, and technology keeps us on top of the industrial coatings game.

Our new showroom is designed to provide customers with a comprehensive experience, from product and color selection to application guidance. We look forward to building long-term relationships with our clients and providing them with cutting-edge coatings solutions that contributes to overall sustainability of their operations and the growth and development of the industrial sector in Africa.

Our new showroom features a vast range of industrial maintenance and protective coating products, including Polyurea-Polyurethane highly crosslinking elastomeric coatings,epoxy resin coatings, polyurethane coatings, moisture cure coatings, Fire-Retardant Coatings, and specialized primers and topcoats for applications across vast industries and environments.

Our brands include Polyval, Polyflex, Xymax, Nofire, PolyRock, Polyur, Xyguard, Mono Ferro, Beyond, etc.

Industrial Coatings Africa is dedicated to providing innovative coating solutions that meet the evolving needs of customers in various industries and the company’s commitment to quality, reliability, and customer satisfaction has earned us a reputation as a trusted partners in the industry.

Our team of experts are always available to provide comprehensive guidance on product selection, application techniques, and maintenance recommendations.

To crown this grand opening, Industrial Coatings Africa is offering special promotions and discounts on select products and customers are invited to visit our new showroom and experience the company’s expertise and offerings firsthand.

For more information about Industrial Coatings Africa or to schedule a visit to the new showroom, please contact:

Call/WhatsApp: +233 243 125 882 | +233 507 656 464 | +233 256 025 000 | +233 256 025 001 | +233 249 119 365

We look forward to welcoming and working for you.

Industrial Coatings Africa… Tomorrow’s Technology today”

AU Ambassador to the U.S. Visits AmCham Ghana

On the 5th of December 2024, the African Union (AU) Ambassador to the U.S., H.E. Hilda Suka-Mafudze, paid a courtesy visit to the Secretariat. H.E. Hilda Suka-Mafudze met with board members from leading companies, including Delta Air Lines, Coca-Cola, Newmont Corporation, and PwC. The discussions focused on key business challenges in Ghana and across Africa, addressing market mobilization, scaling opportunities, and fostering integration between smaller businesses and larger enterprises.

The Secretariat also highlighted progress on the AfCFTA and AGOA, alongside deliberations on U.S. interests in supporting skilled workforce development to bolster economic growth. The conversation underscored the importance of collaboration in driving sustainable business growth and enhancing regional economic integration.