At the podium to deliver a speech at the G20 Compact with Africa Summit in the German capital Berlin, President Akufo-Addo said Ghana is on track in her agenda of becoming Africa’s Investment Hub.
He said since signing onto the Compact, Ghana is working at targeted policies across focus areas, such as establishing macroeconomic stability, enhancing domestic revenue mobilization, and improving fiscal management which is yielding positive results.
The G20 Compact with Africa, CwA was initiated under the German G20 Presidency to promote private investment in Africa, including in infrastructure. The Compact’s primary objective is to increase the attractiveness of private investment through substantial improvements of the macro, business and financing frameworks.
President Akufo-Addo was confident that Ghana’s ongoing partnership under the Compact will guide her to work towards effective economic recovery from the debilitating effects of Covid 19.
To German Chancellor Angela Merkel, President Akufo-Addo extended his best wishes, as she exits into a well-deserved retirement, after 16 years of productive work as German Chancellor.