16 Foreign Companies To Attend Stanbic Bank’s Investors Confab In Accra

Alhassan AndaniThe second edition of the Stanbic Bank Ghana investors’ conference, which seeks to link listed companies on the Ghana Stock Exchange (GSE), with foreign investors, will be held in Accra on Monday.

The one day conference dubbed: “Standard Bank Investors Conference,’’ scheduled to take place at the Movenpick Ambassador Hotel, is expected to be attended by 16 foreign investment companies from Europe, America and Asia.

Briefing journalists on the impending conference in Accra on Wednesday, the Head of SBG Securities Ghana Limited, a subsidiary of Stanbic Bank Ghana,  Fouad Idun-Ogde  said the objective of the conference was to connect local companies in the country with foreign investors to secure more equities in their businesses.

Stanbic Bank Ghana currently is the only bank holding the annual conference to bring investors to explore investment opportunities in the country.

Mr. Idun-Ogde said the conference would be replicated in Nigeria, Kenya, South Africa, New York and London.

The conference, the Head of the SBG Securities said, would spur the growth of the equity and stock markets.

The conference will provide opportunity for the foreign investors to learn about the investment opportunities that exist in the country,’’ Mr Idun-Ogde said.

Mr. Idun-Ogde said the Deputy Minister of Finance and Economic Planning, Mr. Ato Forson, would open the conference and also present to participants the country’s 2014 economic outlook to the investors.

“Sessions have been created for the local companies to have one-on-one interaction with the foreign investors to discuss investment issues and strike business deals,’’ he said.

An Analyst at the SBG Securities Ghana Limited, George David Allotey, sharing his perspective of the conference, said the conference would create the opportunity to market Ghana.

He said Ghana’s economic success story needed to be highlighted to attract more investments into the country.

Mr. Allotey said last year’s conference had helped to attract a lot of inflows into the Ghanaian economy, saying the volumes and value of equities on the stock market tripled last year. By David Adadevoh

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