Ghana’s Minister of Foreign Affairs, Mr. Samuel Okudzeto Ablakwa, embarked on a working visit to Abuja, Nigeria, with a renewed focus on economic diplomacy, underscoring the government’s commitment to supporting Ghanaian businesses operating internationally. A key highlight of the visit was a tour of the River Park Estate, a sprawling 501-hectare development owned by Jonah Capital and Mobus/Houses of Africa, two entities with strong Ghanaian roots. This impressive investment, spearheaded by prominent Ghanaian business magnate, Uncle Sam Jonah, serves as a testament to the increasing presence and influence of Ghanaian enterprises in the region and exemplifies the potential for cross-border economic cooperation. The Minister’s visit signaled not only a recognition of this success but also a commitment to fostering an environment conducive to the continued growth of such ventures.
The Ministry of Foreign Affairs, under Mr. Ablakwa’s leadership, has adopted a proactive stance towards economic diplomacy, aiming to provide tangible support to Ghanaian businesses seeking to expand their global reach. Recognizing the potential challenges faced by businesses operating in foreign markets, the Minister tasked the Ghanaian diplomatic mission in Abuja with providing comprehensive assistance to River Park Estate, leveraging the resources and framework outlined in the Economic Diplomacy Blueprint. This blueprint, designed to facilitate international trade and investment, outlines the government’s strategy for promoting Ghanaian businesses abroad and attracting foreign investment into the country. It underscores the Ministry’s commitment to facilitating connections, navigating regulatory landscapes, and providing ongoing support to ensure the success of Ghanaian enterprises in international markets.
Mr. Ablakwa’s engagement with Mobus/Houses of Africa CEO, Kojo Ansah Mensah, and his team further emphasized the Ministry’s commitment to building strong partnerships with Ghanaian businesses operating abroad. By directly interacting with these stakeholders, the Minister gained valuable insights into the specific challenges and opportunities faced by Ghanaian investors in Nigeria. This on-the-ground understanding is crucial for tailoring the Ministry’s support services and ensuring that they are aligned with the practical needs of businesses operating in diverse international environments. The Minister’s visit not only served as a symbolic gesture of support but also a practical step towards fostering deeper engagement and collaboration between the government and the private sector.
The Minister’s emphasis on economic diplomacy aligns with the broader vision of President Mahama’s administration to promote economic growth and development within Ghana. This proactive approach involves extending diplomatic assistance to Ghanaian businesses of all sizes, with a particular focus on empowering young entrepreneurs to explore international markets. The government recognizes the significant role that international trade and investment play in driving economic growth and creating job opportunities within Ghana. By actively supporting Ghanaian businesses in their international endeavors, the government aims to boost exports, attract foreign investment, and create a more dynamic and globally competitive economy.
The Minister’s call to action for Ghanaian businesses, particularly young entrepreneurs, to leverage the tools of economic diplomacy underscores the government’s commitment to fostering a culture of internationalization. He encouraged businesses to look beyond domestic markets and explore opportunities for expansion in the global arena, assuring them of the Ministry’s full support in facilitating this process. This proactive approach aims to empower Ghanaian businesses to become global players, contributing not only to their own growth but also to the overall economic development of Ghana. By creating more internationally recognized Ghanaian brands, the government aims to enhance the nation’s economic standing and create a more prosperous future.
The Ministry of Foreign Affairs, under the current administration, has positioned itself as a key partner for Ghanaian businesses seeking to establish or expand their international presence. By providing practical support, facilitating connections, and advocating for their interests abroad, the Ministry aims to empower Ghanaian businesses to compete effectively in the global marketplace. This commitment to economic diplomacy signifies a shift towards a more proactive and results-oriented approach to foreign policy, one that prioritizes the economic advancement of Ghana and its citizens. This strategic focus is likely to contribute significantly to the long-term economic growth and development of Ghana, creating jobs, boosting exports, and enhancing the country’s global competitiveness.
