SAYS BOTH GOVERNMENTS STAND READY TO FACIILITATE AND SUPPORT INVESTORS
NASSAU, Bahamas — Speaking of the investment potential between Ghana and The Bahamas, Prime Minister Philip E. Davis said both countries must strengthen ties to tap into new avenues for investment including tourism, technology, agriculture and energy, The Nassau Guardian reported on Thursday, May 18, in an article written by Paige McCartney.
A high-level delegation from Ghana was in The Bahamas this week as a part of the Ghana Diaspora Connect Roadshow for the Caribbean.
“The investment potential of Ghana and The Bahamas is certainly staggering, and our governments stand ready to facilitate and support investors inspired by the success of the Afreximbank partnership. I am a man of faith, and because I am a man of faith, optimism comes easy to me. Today, however, I find myself especially optimistic,” Davis said as he delivered keynote remarks at the Ghana-Bahamas Summit.
“The future, I have no doubt, is bright for The Bahamas and Ghana. Our relations are deepening, and with the strengthening of such ties we draw ever closer to our goals of shared growth and prosperity. Our governments are already working on several initiatives, alongside institutions like Afreximbank, to bring this vision to life. But for our societies to truly flourish, every business, every investor, and every citizen must recognize their role in shaping the way forward.”
In November, the government signed a memorandum of understanding with the African Export-Import Bank (Afreximbank), which has committed to invest $700 million in the Caribbean.
“Such a significant capital inflow promises to unlock crucial socioeconomic benefits for our region, especially as we recover from the pandemic, grapple with an environmental emergency, and address the cost-of-living crisis,” the prime minister said yesterday of the arrangement.
“It goes without saying that Ghana and The Bahamas, when it comes to cooperative ventures, have a track record of success.”
