EVENT: The 1st Ethio-Ghana International Conference on Trade and Finance
DATE: April 11-12, 2019
VENUE: Sheraton Addis Hotel, Addis Ababa, Ethiopia
TEMA, Ghana–Organizers of the Ghana International Trade and Finance Conference (GITFIC) have agreed on a new partnership that will see Ethiopia hosting the next edition of the forum.
The first ever Ethio-Ghana International Conference on Trade and Finance will be held at the plush Sheraton Addis Hotel in Addis Ababa from 11th to 12th April 2019. Conference organizers Rescue Shipping and Investment Agency last week, signed a memorandum of understanding (MOU) with the Addis Ababa Chamber of Commerce & Sectoral Associations (AACCSA) to allow for the organizing of the conference.
Selasi Kofi Ackom who is Chief Executive Officer of the Rescue Shipping and Investment Agency Limited signed on behalf of the Ghanaian firm whilst Mr. Getachew Regassa who is Secretary-General of AACCSA which comprises more than 15,000 companies and business signed on behalf of the Ethiopians.
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“This upcoming conference as always will create the platform for business VVIPs, VIP’s, CEO’s, MD’s, Owners, etc. to meet and discuss business and investments opportunities between the two countries,” Mr. Ackom announced after the signing of the MOU.
He says the objective behind the decision to take the conference to Ethiopia is to help boost trade between the two countries by creating a common platform and laying the fundamentals to facilitate same. “What has necessitated next year’s conference in Ethiopia is the almost 0% trading relationship between the two countries. History recalls that the front runners for the total liberation of the African continent were Ghana’s Osagyefo Dr. Kwame Nkrumah of the CPP and Ethiopia’s Hailie Selassie and a few more African countries. It is therefore absurd that trade between these two countries is at a record time 0%,” Mr. Ackom said.
“All businesses in Ghana are encouraged to sign up for next year’s conference in Addis. The Addis market is three times that of Ghana. The youth makes up 70% of the total populations in Ethiopia. This simply means that companies and businesses can triple their revenue and profit margin if they extend their investments into the Ethiopian Market,” Mr. Ackom added.
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GITFIC and the Addis Chamber announced they are committed to bringing business persons, government officials, policy framers and regulators of both countries to work on laying a bridge for increased trading between both countries. The Ghanaian Embassy in Addis Ababa and the Ethiopian Embassy in Ghana will play supporting and facilitating roles in the conference. Hopefully, a sensitization workshop will be held in Addis come December to sensitize the over 17,000 members of the Addis Chamber of Commerce and Sectoral Associations on the upcoming International Conference. This workshop will clearly spell out the IMPORTANCE of this upcoming conference and all the benefits it will bring to Ethiopian Businesses. Same will be replicated here in Ghana in January 2019.
About the Ethio-Ghana International Conference on Trade and Finance organizers:
Rescue Shipping & Investment Agency Ltd
Rescue Shipping & Investment Agency Ltd, is an indigenous Ghanaian Limited Liability company with freight forwarding and commodity trade as its core business. The company, based in the coastal city of Tema in Ghana, offers such shipping-related services as freight forwarding, customs clearance, warehousing, haulage, bulk & project cargo, and couriers.
Addis Ababa Chamber of Commerce & Sectoral Associations (AACCSA)
Established in 1947, AACCSA is a voluntary, non-governmental, business membership organization with more than 15,000 member companies. The chamber serves as a credible voice of business and advocates for the creation of a conducive business environment. It also promotes trade and industry, disseminating business information, consulting government and members on economic development and business issues, establishing friendly relationship with similar chambers in other countries, and exchanging information as well as engaging in arbitration in times of disputes among businesses.
AACCSA is the oldest, largest and strongest Chamber in Ethiopia, representing a wide spectrum of businesses based in Addis Ababa which constitute more than 60% of all businesses operating in the country. Being a member of the World Chambers Federation, AACCSA also has a prominent place in the international network of chambers.
Source: GITFIC