Modest gains chalked by Ghana in transforming its economy over the past 20 months have attracted the global business community in the areas of trade and investment.
President Nana Addo Dankwa Akufo-Addo has said at the United Nations that Ghana's forging relations with China, like many countries in Africa, is not uniquely Ghanaian or African phenomenon as expressed by many that fear about the possibility of China recolonizing it.
Ghana's Gross Domestic Product (GDP) registered an impressive growth rate of 8.5 percent in 2017 from a rate of 3.5 percent in 2016, breaking the downward trend since 2011, while per capita growth increased from 1.4 percent in 2016 to 6.1 percent in 2017.
Ghanaian delegation to the just concluded Sub-regional workshop and joint committee meeting organized by the Union of African Shippers Council in conjunction with the United Nations Conference on Trade and Development, UNCTAD, has said that the country increased its share of cargo for Africa's landlocked countries by 30,781 tones in the last two years.
Nigeria has lost opportunity of exporting 1.4 million tons of coal from the middle belt area of the country to Ghana annually, the Nigerian Export Import Bank, NEXIM has said.
President of the Nigerian Union of Traders Association in Ghana, Chief Chukwuemeka Nnaji, has regretted the continued closure of shops owned by Nigerians in Ghana, in spite of that country's government's directives for the shops to be reopened.He said although the government of Ghana has ordered that all shut shops belonging to Nigerian traders should be reopened with immediate effect, the directives were yet to be implemented, as the shops were yet to be reopened.
THE Federal Government must hasten and wade into the ordeals of Nigerian traders doing business in Ghana. It requires serious, intensive engagement, else the issue might boil over into xenophobic attacks, which will seriously threaten the cordial relationship between Nigeria and Ghana.
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