Ghana Ministry of Trade and Industry Partners with Invest in Africa to support SMEs






Date: 04/02/2016


Accra: Invest in Africa, (IIA), a partnership of leading companies working across sectors, to drive economic developent and growth in local markets has signed a Memorandum of Understanding (MOU) with the Ministry of Trade and Industry (MOTI) to develop local enterprise and support investment into Ghana.

As part of the agreement, IIA will identify Ghanaian companies on MOTI’s online portal, Ghana Trade Portal and register these selected companies on the African Partner Pool (APP), which is IIA’s flagship intervention connecting Ghanaian business to new markets and international investors.

Speaking at the inaugural workshop organized by MOTI and IIA for Ghanaian businesses registered on the Ghana Trade Portal, the Deputy Minister for Trade and Industry, Ibrahim Murtala Muhammed said ‘the ministry is excited about the partnership with Invest in Africa which will seek to help Ghanaian enterprises address variety of obstacles while doing business in Ghana. It is the Ministry’s hope that the collaboration will ensure Ghanaian businesses registered on the African Partner Pool will gain the needed market advantage and propel their businesses to greater heights”

The Invest in Africa Ghana Manager, Sam Brandful in his speech, expressed Invest in Africa’s readiness to work together with the ministry to support Ghanaian businesses to raise their visibility and standards through the APP and gain greater access to new markets, skills and finance, whilst giving investors the confidence to do business with them.

The African Partner Pool (APP) is Ghana’s first cross-sector online business platform that connects larger international and Ghanaian companies to local business across sectors. The APP simplifies the local sourcing process by connecting independently validated Ghanaian SMEs with international and domestic companies. The directory aims to increase the visibility and credibility of Ghanaian SMEs and support international and domestic companies who want maximise their local supply chains quicker and more cost effectively thorough its search functionality.

Currently, the APP has successfully registered over 1,000 local companies (suppliers) and 13 international and Ghanaian companies (buyers). The buyers on the APP are Tullow Oil, Lonrho, Ernst & Young (EY), Clyde & Co, AB & David, Ecobank, the Ghana Investment Promotion Centre (GIPC), the Association of Ghana Industries (AGI), Guinness Ghana Breweries Ltd. (GGBL), UT Bank, General Electric, Newmont and Millennium Development Authority are currently registered on the portal, which has also featured tenders worth over US$100m.

To register your business on the APP, kindly visit www.africanpartnerpool.com