Ghana wants to become West Africa’s financial hub

The Ghana government is giving  attention and support to the development of the financial services sector for it to become West Africa’s hub, Vice President Paa Kwesi Amissah-Arthur announced on Monday.

He expressed the need for more training for financial services professionals to meet the growing needs of the sector.

The Vice President was speaking when Mr Alderman Roger Gifford, the Lord Mayor for the City of London, at the Flagstaff House in Accra.

Lord Gifford led a business delegation from the financial and export finance sectors, to explore business opportunities in Ghana.

The Vice President said Ghana’s economy had become more service oriented in the last five years, and projected an increase in the operations of the sector.

He said there is the likelihood that West African countries could source funds from Ghana’s financial institutions.

He told Lord Gifford that there are also other positive indicators of the rule of law, political stability and excellent investment climate.

Vice President Amissah expressed joy at the visit, and re-echoed the need for the bilateral, trade development.

Lord Gifford traced the bond of relations between the two nations, and Ghana and called for more collaboration.

Source: GNA