{"id":101703,"date":"2025-11-03T05:23:00","date_gmt":"2025-11-03T05:23:00","guid":{"rendered":"https:\/\/sotnews.agency\/?p=101703"},"modified":"2025-11-03T05:23:00","modified_gmt":"2025-11-03T05:23:00","slug":"victor-smith-urges-american-investors-to-partner-ghana-in-new-era-of-economic-renewal","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=101703","title":{"rendered":"Victor Smith urges American investors to partner Ghana in new era of economic renewal"},"content":{"rendered":"
\n
\n \t<\/i> Read Time:<\/span>2 Minute, 17 Second <\/div>\n\n <\/div>
\n

The Ambassador of Ghana to the United States, Victor Smith, has called on American businesses and investors to take advantage of Ghana\u2019s new pro-business environment and expanding investment opportunities.<\/p>\n

Speaking at a Business meeting held at McPherson Square, Washington, D.C., Ambassador Smith reaffirmed the commitment of the new administration of President John Dramani Mahama to building a vibrant, inclusive, and investor-friendly economy.<\/p>\n

\"Victor<\/figure>\n

\u201cGhana is open and ready for business,\u201d Ambassador Smith declared. \u201cWe are not asking our friends to observe from afar\u2014we are inviting you to be part of Ghana\u2019s unfolding story of transformation.\u201d<\/p>\n

The meeting brought together a cross-section of U.S. business executives, investors, environmental experts and professionals from across sectors, including energy, agriculture, infrastructure, and digital technology.<\/p>\n

Economic Renewal and Confidence<\/strong><\/p>\n

Ambassador Smith outlined key achievements under the new administration\u2019s economic recovery agenda, including the elimination of nuisance taxes, stabilisation of the exchange rate, and a significant reduction in inflation.<\/p>\n

He noted that S&P Global Ratings had recently upgraded Ghana\u2019s country risk outlook from junk to B- (stable), a move reflecting renewed international confidence in Ghana\u2019s economic management.<\/p>\n

\"Victor<\/figure>\n

\u201cWe have restored macroeconomic stability and are sustaining growth through sound, people-centred policies,\u201d he said. \u201cOur focus is to make sure that this growth is felt in the lives of ordinary Ghanaians.\u201d<\/p>\n

Transformative 24-Hour Economy Initiative<\/strong><\/p>\n

Highlighting President Mahama\u2019s flagship 24-Hour Economy Initiative, Ambassador Smith described it as \u201ca bold, job-creating plan designed to boost productivity, expand access to employment, and modernise agriculture and industry.\u201d<\/p>\n

He explained that the policy was already in motion, with Tema and Takoradi ports operating 24 hours daily to improve trade efficiency, while legal reforms to the Ghana Investment Promotion Centre (GIPC) Act and the Labour Act are creating a more secure and flexible framework for investors.<\/p>\n

\"Victor<\/figure>\n

Investing in Skills and Innovation<\/strong><\/p>\n

The Ambassador also emphasised Ghana\u2019s investment in youth skills and digital innovation. He cited the One Million Coders Program as a landmark initiative preparing young Ghanaians for global digital jobs and entrepreneurship.<\/p>\n

He further pointed to the formalisation of the gold trade through the new Gold Board, as part of the government\u2019s commitment to transparency, responsible resource management, and community reinvestment.<\/p>\n

\"Victor<\/figure>\n

A Call to Partnership<\/p>\n

In his closing remarks, Ambassador Smith urged both American investors and Ghana\u2019s diaspora professionals to join hands in building a stronger and more prosperous Ghana.<\/p>\n

\u201cGhana offers not just a market\u2014but a gateway to West Africa,\u201d he said. \u201cWith our stability, strategic location, and reform-driven leadership, the time to engage is now.\u201d<\/p>\n

\u201cI stand ready to guide partners into Ghana\u2019s growing economy and ensure a seamless, mutually beneficial entry for all.\u201d<\/p>\n<\/div>\n

\n
\n \n
\n \n \"Happy\"\n <\/a>\n
\n Happy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sad\"\n <\/a>\n
\n Sad <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Excited\"\n <\/a>\n
\n Excited <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sleepy\"\n <\/a>\n
\n Sleepy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Angry\"\n <\/a>\n
Angry<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n \n <\/div>\n <\/div>\n\n
\n \n \"Surprise\"\n <\/a>\n
Surprise<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n <\/div>\n <\/div>\n\n ","protected":false},"excerpt":{"rendered":"
\"VictorThe Ambassador of Ghana to the United States, Victor Smith, has called on American businesses and investors to take advantage of Ghana\u2019s new pro-business environment and expanding investment opportunities.<\/div>\n","protected":false},"author":1,"featured_media":101704,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[11774,319,1883,10,9,9144],"tags":[],"class_list":["post-101703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-american-investors","category-economy","category-national","category-politics","category-popular","category-victor-smith"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/101703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101703"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/101703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/101704"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}