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Ghana promotes investment opportunities at WTCA Global Business Forum
via GhanaWeb2 min read
The Ghana Investment Promotion Centre GIPC showcased Ghana's investment potential at the 56th World Trade Centers Association WTCA Global Business Forum in Philadelphia. GIPC Chief Executive Officer, Simon Madjie, presented Ghana's strategic advantages to global business leaders, investors, and policymakers from over 90 countries. Madjie highlighted Ghana's robust trade and investment frameworks, including the African Continental Free Trade Area, ECOWAS, AGOA, and trade agreements with the EU and UK, positioning the country as a gateway to regional and global markets. He also emphasized strengthening Ghana-US trade relations and emerging opportunities in agribusiness, energy, pharmaceuticals, electric vehicles, and the digital economy. A key announcement was the passage of the Ghana Investment Promotion Authority GIPA Bill, 2026, designed to boost investor confidence and improve the ease of doing business. Ghana was the sole African nation to deliver a dedicated investment pitch at the forum, underscoring its competitive stance for foreign direct investment. Togbe Afede XIV, Executive Chairman of the World Trade Center Accra and a WTCA Board Member, noted the forum's importance in connecting Ghana's economy to global capital, technology, and markets.
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Dr. Vanessa Appea, a Consultant Physician in Genito-Urinary Medicine and HIV Medicine, states that inadequate family support, previous mental health conditions, and fertility struggles are major factors contributing to maternal depression. Speaking on GhanaWeb's Health Focus, Dr. Appea noted that women without strong support systems during pregnancy and childbirth are especially vulnerable. She added that women relocating to new countries or communities, away from family, also face higher risks due to a lack of reliable support. A history of mental illness, family history of mental health conditions, complicated pregnancies, and multiple births can also increase the likelihood of maternal depression. Dr. Appea highlighted fertility struggles as an often-overlooked contributor, explaining that the emotional toll of the journey to conceive can manifest in various ways. She shared her personal experience with fertility challenges, emphasizing that despite strong support from her husband, mother, and friends, motherhood remained difficult. Dr. Appea encouraged families to actively support mothers rather than assuming they will naturally cope with the emotional demands of childbirth.
Ashanti Regional New Patriotic Party Chairman Bernard Antwi-Boasiako, also known as Chairman Wontumi, is facing continued legal challenges as the state has reportedly rejected his plea bargain offer in the ongoing EXIM Bank fraud trial. According to a TV3 report, the negotiations failed because Wontumi's proposal did not meet expectations. Wontumi, who was previously sentenced to 20 years for illegal mining, and two others are accused of defrauding the Ghana Export-Import Bank of approximately GH垄14.3 million to GH垄30 million. The alleged scheme involved presenting a forged receipt, fraud, money laundering, and causing financial loss to a public institution. Wontumi's legal team, led by lawyer Andy Appiah-Kubi, initiated the plea-bargaining process, and both parties had sought time to explore a settlement. Wontumi, Wontumi Farms Limited, and Thomas Antwi-Boasiako have pleaded not guilty to the charges, which stem from events around 2018 involving a loan or facility from EXIM Bank. The court had adjourned the matter on June 18, 2026, to allow for initial plea talks.
The Ghana Police Service rescued nine human trafficking victims and arrested 10 suspects in an intelligence-led operation targeting an alleged cyber-enabled fraud syndicate in Mataheko-Afienya, Tema Region. Director-General of the Criminal Investigations Department, Lydia Yaako Donkor, stated that the operation was conducted by the Tema Regional Police Command's Regional Police Intelligence Directorate after weeks of intelligence gathering. The suspects were apprehended on July 3, 2026, at an apartment believed to be their operational base, where police seized 28 laptop computers and nine mobile phones. Preliminary investigations identified Collins Francis Olai Ojo as the alleged syndicate leader, accused of coordinating activities and facilitating the movement of nine Nigerian nationals from Nigeria to Ghana for exploitation through cyber-enabled fraudulent activities. The rescued victims are now in a secure location receiving support. The arrested suspects include Collins Francis Olai Ojo, Mathew Balogun, Jahid Bello, Abdul Rahman Nufizi, Talent Sinivi, Pray Morrison, Lawal Abdul Aziz, David Ogoguna, Gift Prince, and Kingsley Honest. Olai Ojo has been arraigned before the Accra High Court and remanded into police custody.