The U.S. Chamber of Commerce And AmCham Ghana Host Ghana’s Finance Minister For A Private Business Roundtable

The U.S. Chamber of Commerce and the American Chamber of Commerce, Ghana on Friday, April 12, 2019, hosted Ghana’s Finance Minister, Hon. Ken Ofori-Atta for a Private Business Roundtable at the U.S. Chamber of Commerce in Washington, DC, USA.

The United States is one of Ghana’s biggest trading partners with a long history of cooperation and with over $1.6 billion in trade volume. The Private Roundtable was to provide an opportunity for U.S. Companies to explore opportunities in priority sectors such as energy, transportation, Agriculture, digital economy and finance.

April 12, 2019 – Washington, DC, USA: Ghana Finance Minister Ken Ofori-Atta. Photo by Ian Wagreich / © U.S. Chamber of Commerce

Also, the meeting aimed at fostering partnerships geared towards expanding business activities and further consolidating the already existing good relations between the two countries.

The Finance Minister provided a status update on President Nana Akufo-Addo’s Ghana Beyond Aid Agenda and shared new ways companies can be involved.

The Private Roundtable was organized in partnership with GIPC and was sponsored by ExxonMobil.

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Stockfox | AmCham Ghana Member Of The Month

Personalized shipping solutions provider, Stockfox is our Member of the Month for February.  The company officially launched in 2017 and has since provided tailored shipping solutions to meet the specific needs of their clients.

The company has dedicated personnel, ready to assist, support and provide you with the assistance you need to get your packages safely delivered to you. Stockfox currently has operations to Ghana out of the United States of America, United Kingdom, China, and Dubai.

Being a home-grown business venture, Stockfox can boast of a crafted courier service that gets customers what they need, when they need it and how they need it, without the hassle of having to contact and depend on friends and relatives and be at the mercy of other people’s schedules.

The companies scope of services which is perfect for individuals and small to large businesses include;

Package reception – you can shop yourself and mail packages to our addresses (after signup )in countries of operation for onward shipping to Ghana

Personalized Shipping – tailored to your specific shopping and shipping needs.

Concierge Service – Cant travel to do your shopping? This service assists with online purchases with our credit/debit cards if you are unable to. The service also includes in-store pickups and other personal shopping needs at your request.

 

Package Storage and Consolidation Service – We hold all packages till they are ready to be shipped as one bulk package to save on shipping costs.

Auto parts Service – Assists with the acquisition of automobile parts across Europe and the Americas. We provide new, used and refurbished prices to suit your budget and ship to Ghana.

Ship Only Service – Have your own clearing agent? We can simply ship your packages to you and hand over to your clearing agent. (2 business days)

All-Inclusive Service – StockFox handles your package reception, shipping, and Clearing (this includes delivery to your door at your request in 3-5 business days)

Contact

Our location
Ghana Airport Cargo Centre,
Suite 311
Airport City
Accra
Office phone
+233 24 243 8645
Working hours
Mon – Fri: 9AM – 5PM
Extended hours are on a case by case basis.

(Corporate/Time Sensitive Shipments)

Email
info@mystockfox.com

AmCham Ghana Business Breakfast With National Black MBA Association

The American Chamber of Commerce, Ghana on Friday, February 22, 2019, hosted members of the National Black MBA Association(NBMBAA) for a Business Breakfast engagement at the Movenpick Hotel in Accra. The event was organized in collaboration with the Ghana International Chamber of Commerce.

The National Black MBA Association is in Ghana for their 2nd  annual trade mission excursion. This Mission is to expose African Americans to the current African culture and the various investment opportunities across the continent; consequently potentially diversifying and growing their investment portfolios.

President of the Chamber, Joe Mensah in his opening remarks shared his experience when he returned home from the United States to open an IBM office in Ghana. He also said out of an experience, the agricultural sector is a viable business sector to invest in. He encouraged members of the National Black MBA Association to consider investing in that sector.

Jese Tyson, the President of the NBMBAA said throughout the trip, participants were exposed to the culture and life in both countries through guided activities, along with an opportunity for participants to give back. He added that their ongoing commitment to promote bilateral trade relationships have seen the association assist companies in finding overseas partners, license technology and aid in international growth.

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, who was also a speaker at the event encouraged the diaspora business community to take advantage of Ghana’s stable socioeconomic and competitive environment to partner their Ghanaian counterparts.

He added that members of the NBMBAA have come at a very instructive time, where the country has position itself to lead the economic emancipation of the continent of Africa.

The African American community is estimated to have a collective buying power of $1.3 trillion. This Matilda Arhin, the President of the Ghana International Chamber of Commerce believes can be leveraged to drive development on the African Continent.

“Every year the members spend $400 million on tourism, hence if these people are invited to return home, some for holidays and others to invest it will greatly improve on the sector,” she added.

President of the National Black MBA Association presented a special edition book on the association to Joe Mensah, President of AmCham Ghana for the support he has rendered the association over the years.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The National Black MBA® Association was conceived in 1970 to help Blacks coming into the corporate sector, largely for the first time, share experiences and insights to help make the journey easier. By nurturing these new professionals, the organization helped early members navigate and, ultimately, succeed in unfamiliar and frequently challenging environments and have risen up and reached back to bring up the next generation of Black professionals through providing coaching, guidance and mentoring.

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AmCham Ghana Board Meets With New U.S. Ambassador To Ghana

On February 12, 2019, the President and Board Members of the American Chamber of Commerce, Ghana met with the United States Ambassador to Ghana, Stephanie S. Sullivan.

The meeting was to officially introduce the AmCham Ghana Board to the Ambassador and also interact for the first time since she presented her credentials to President Nana Addo Dankwa Akufo-Addo on January 23, 2019.

They had further discussions on how the Chamber and the Embassy can collaborate to strengthen U.S Ghana relations in the areas of commerce and tourism. According to the Ambassador, much as she is interested in seeing more U.S business coming into Ghana, she also wants to see more Americans visiting Ghana for leisure.

The Ambassador also stated she plans to work with AmCham in selling Ghana’s potentials to drive commerce and tourism for mutual benefits.

Ambassador Sullivan served as Chief of Operations for the Africa Region of Peace Corps from 1994 to 96, as well as a role as Political Chief at the U.S. Embassy in Ghana. Most recently, she was the Acting Principal Deputy Assistant Secretary for the Bureau of African Affairs at the U.S. Department of State, after having been Deputy Assistant Secretary for Central African Affairs and Security Affairs since January 2017.

Ms. Sullivan served as the Political Chief in Accra, Ghana (1997-2001) and as management, consular, and political officer in Douala and Yaoundé, Cameroon (1986-1988). Other Washington assignments include desk officer for Mali, Niger and Burkina Faso in the Bureau of African Affairs (1991-93) as well as post management and human resources positions supporting colleagues in Africa, Europe, and the Western Hemisphere.

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REDAVIA Solar Power | AmCham Member Of The Month

REDAVIA Solar Power, an industry leader in solar power is our Member of the Month for January. They are experts in agro-foods processing, manufacturing, mining, as well as service infrastructure, hospitality & real estate, communities and utilities.

Headquartered in Munich, Germany, REDAVIA serves its customers through local offices that help them deeply understand local challenges and establish fitting affordable, clean energy solutions.

The company opened its Ghana office in July 2017 and has since then delivered German-engineered technology at the heart of its containerized, easy to deploy solar farms. REDAVIA, through its Academy, ensures an ongoing knowledge transfer around renewable solar power to Ghanaian students and professionals with the aim to equip current and future generations with all relevant know-how.

In comparison to independent power producers, which typically demand around 20 years, fixed power purchase agreements, REDAVIA offers greater operational flexibility for their customers while also mitigating the risk for their funders. In addition, their approach allows them to provide customers with more consistent system quality, faster delivery, and simpler regulatory processes.

REDAVIA’S solution seamlessly integrates into existing power infrastructures, supplementing grid-connected power and/or diesel generators, using batteries when economic.

According to the company’s CEO,  Erwin Spolders, the decision to expand their presence in West Africa was a logical step in their business growth strategy and gives them the ability to serve their customers and prospects locally.

In 2018, REDAVIA signed an agreement with  Special Ice, a manufacturing company in the beverage industry in Ghana to deploy nine solar units and a total of 756 kWp to the Special Ice factory in the Oyarifa district in Accra.

At REDAVIA, they aim to significantly increase access to clean energy for businesses and households globally and at the same time uphold absolute integrity and maintain the highest standards in health and safety.

Click here for Company Overview and more at www.redaviasolar.com

Contact REDAVIA Ghana Asset Ltd. at

19 Kofi-Annan Street
Airport Residential Area Accra
Accra GA/R, Ghana
phone: +233 (0) 307 002 054

Addison Bright Sloane is now an AmCham Ghana Member.

Addison Bright Sloane has joined the Chamber as a Platinum Member.  They have a reputation for providing an outstanding legal service. The firm delivers clear and practical advice to meet their clients’ needs and commercial objectives.

Addison Bright Sloane, founded by two legal giants, Philip Addison and Vickie Bright, with a total of over 55 years’ experience is an exciting entrant into the Ghanaian legal market.

They can help you expand or consolidate your business into Ghana and the rest of Africa and navigate your way through the often complex regulations and environment underpinning business in Ghana and other parts of Africa.

Their team is bright, globally minded, straight talking, dedicated and down to earth.

The firm’s practice areas include Anti-Bribery and Corruption; Banking and Finance; Dispute Resolution; Data Protection and Privacy Learn more…

Location

20A Akosombo Road, Ambassadorial Enclave, Airport Residential Area, Accra – Ghana

 

Contact

+233 (0) 3009 – 71501

+233 (0) 3009 – 71501

Mon-Fri 8am- 5pm / Phones are open 24/7

 

Zeal Environmental Technologies Joins AmCham as Platinum Member

AmCham Ghana is pleased to announce Zeal Environmental Technologies Limited as our new member. The company is the Chamber’s new Platinum Member.

Zeal Environmental Technologies Limited Ghana was founded by Mr. Kwaku Ennin in 1977 to serve emerging and existing  Industrial Commerce by providing them with Corrosive Engineering and Structural Maintenance Services.

Zeal Ghana in the period spanning 1984-2003 went from a relatively small company to become one of the giants in the field of Corrosive Engineering Services serving various Industries in Ghana.

With a combined 35 plus years serving various Industries, the company has now extended coverage to the Oil, Gas and  Marine industries. Zeal Environmental today is one of the premier companies managing environmental waste and waste generated from  OIL & GAS Drilling, both onshore and offshore in  West Africa.

Zeal Environmental’s goal is to provide their clients with the best systems and methods for the processing of Industrial Waste to the extent of reusing the byproducts termed as waste.

It is the companies mission to design, utilize innovative processes and methods of managing Waste Streams of clients whiles preserving the most valuable resource, the environment. With the knowledge that they have as an organization is only as good as the personnel who manage, implement company values and maintain the trust their clients have in them.

Their services include Waste Water Treatment; Oil Water Based Mud and Drill Cuttings Management; Hazardous Material Incineration and Industrial, Medical, Municipal and Mining Waste Stream Management. Learn more

 

Main Office Takoradi Port                                                                                                    MAIN OFFICE :

ZEAL ENVIRONMENTAL                                                                                      +233-31 20 322 153
No.4 Beachmasters Drive                                                                                       +233-31 20 3214
Harbor Access Road                                                                                                General Manager:
Takoradi / Western Region                                                                                    +233-240-075-529
GHANA – WEST AFRICA                                                                                          +233-204-936-745

 

 

 

AmCham Ghana Hosts Ian Steff, Asst. Secretary for Global Markets & Director General of U.S Commercial Service

On Thursday, November 8, 2018, AmCham Ghana under the auspices of the U.S. Commercial Service, Ghana, hosted a dinner with Ian Steff, Asst. Secretary for Global Markets & Director General of U.S Commercial Service. The event was at the Accra Marriott Hotel.

Ian Steff is in Ghana to follow up on the MoU signed between United States President’s Advisory Council on Doing Business In Africa (PAC-DBIA) and the Government of Ghana in July 2018. He is in to have further talks with the Ghanaian Government on the implementation of the MoU.

In his remarks, Ian Steff stated that there is a lot of optimism among U.S. companies and investors are impressed with the new reforms being implemented by the Ghanaian government. The question now, he said is “how these reforms will take the deal to the finish line.”  He called for certainty on these reforms.

“No one company, no one individual can solve the issues we have. We need to dialogue,” Ian Steff added. He said there needs to be consensus in strengthening trade relations between Ghana and the United States.

Ian Steff also commended the Chamber and stakeholders involved in organizing the maiden AmCham U.S – Ghana Business Forum in July 2018, stating the importance of these face-to-face meetings and their relevance to improving the investment environment and further strengthening trade relations between the two countries.

According to EY Global’s 2018 Africa Attractiveness report, United States businesses and investors made more foreign direct investments (FDI) in Africa than counterparts from any other country last year. Overall, African countries saw FDI number rise by 6% to 718 projects up from the previous year’s 676.

U.S. companies are interested in investing in Ghana, according to Ian Steff; U.S. investors have expressed interest in the areas of health, energy, agriculture, transportation, and other vital sectors. He stated that the United States’ commitment to Ghana is for the long term. He also called for honest conversations on trade barriers.

H.E Christopher J. Lamora, Chargé D’affaires (Acting U.S. Ambassador to Ghana), stated in his remarks that the embassy is ready and willing to work with stakeholders to promote U.S. trade in Africa, project the positive aspects of Ghana and why investors should invest in the country.

H.E Lamora also said the embassy is positioning itself to be the go to place for investors seeking to invest in the country.

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U.S. – Ghana Executive Business Roundtable Meeting With The President of Ghana

The U.S. – Africa Business Center in collaboration with the American Chamber of Commerce, Ghana and Ghana Investment Promotion Center on September 24, 2018 held a private ‘Executive Business Roundtable’ meeting with H.E. Nana Addo Dankwa Akufo-Addo. The event took place at the Grand Hyatt Hotel in New York, USA.

Discussions were held on the state of Ghana’s investment environment and means to further improve it to make it attractive to investors. This is in line with the President’s vision of industrializing the country.

Also, further discussions were held on the priority areas for FDI agreed between the U.S. Government and the Government of Ghana during U.S. Secretary of Commerce, Wilbur Ross’s visit to Ghana in July, 2018.

H.E. Nana Addo Dankwa Akufo-Addo also spoke about the advantages of investing in Ghana. This was followed by a Q&A session and the signing of an MoU between the U.S. – Africa Business Center and the Ghana Investment Promotion Center.

The MoU is to promote and drive Foreign Direct Investment (FDI) into Ghana, promote AGOA and market Ghana as a place to do business in Africa.

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Dow Chemical Company | AmCham Member Of The Month

Dow Chemical is AmCham Ghana’s Member of the month for September. Dow Chemical’s growing presence in Africa demonstrates the company’s commitment to deliver industry leadership, technical innovation and expertise – with a focus on sustainability to help transform the region into a key player in the global chemicals industry.

Dow is among the three biggest chemical companies worldwide, with products ranging from plastics and packaging, agriculture, building and construction to oil and gas. The company which had operated in Ghana in the past, pulled out in the 1990s and had relied on intermediaries to reach Ghana’s market.

 

They combine science, understanding, and creativity to re-imagine what is vital to human progress. With thousands of patents and awards, Dow is a global innovation and sustainability leader. Dow is a diverse, inclusive community and together, they can solve anything.

According to Managing Director of Dow West Africa, Tony Groosman, the company is committed to making a contribution to the economic development of Ghana and Africa as a whole. Africa’s economic significance in the global marketplace has been demonstrated by increased political stability, improved economic policy and a growing consumer base all of which offer an advantageous environment for business to thrive.

The Company connects chemistry and innovation with the principles of sustainability to help address many of the world’s most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity.

Dow’s diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture.