- Over the course of the upcoming year, the Commonwealth Enterprise and Investment Council (CEIC) intends to expand its footprint in Ghana with the goal of attracting foreign companies to the nation to investigate potential commercial prospects. The goal of the initiative is to increase investment and trade between Ghanaian companies and their foreign competitors. The business arm of the Commonwealth, the CEIC, has twelve global centres spanning East and Central Africa, one of which is located in each of Ghana, Cameroun, Nigeria, and Kenya.
- Given that it fosters economic partnerships and works with organizations such as the Africa Continental Free Trade Area, Africa is an important market for the CEIC. The group has established ties with the governments of Cameroun, Sri Lanka, and Bangladesh, and it is eager to do the same with the government of Ghana.
- Of the 155 strategic partners the CEIC has, ranging from modest technological businesses seeking new markets to big multinational organizations, nine are banks and insurance companies. The organization’s CEO expressed excitement about helping Ghanaian companies collaborate with partners in India, Australia, and the UK.
- On November 27 and 28, a sizable corporate delegation from Ghana will attend the Commonwealth Trade and Investment Summit in London. Ghanaian companies seeking to reach Europe are anticipated to have another opportunity during the Commonwealth Trade and Investment Forum, which will take place in Malta on February 5 and 6, 2024. The CEIC’s Ghana Hub has garnered praise, according to Gabby Otchere-Darko, Chairman of the Ghana Office of the CEIC.
