BUILDING A COMPETITIVE ECONOMY FOR SUSTAINABLE...

BUILDING A COMPETITIVE ECONOMY FOR SUSTAINABLE GROWTH

4-5 SEPTEMBER

ALHAJI DR. MAHAMUDU BAWUMIAVICE PRESIDENT OF THE REPUBLIC OF GHANA

2 | GHANA ECONOMIC FORUM 2018

FOREWORD

AGENDA

SPEAKERS

GEF2017 IN PICTURES

SPONSORS

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6

10

24

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// CONTENTS

Interact. Impact. Inspire.

GHANA ECONOMIC FORUM 2018 | 3


DR. MRS. EDITH DANKWA, CEOBUSINESS & FINANCIAL TIMES GROUP

Your Excellency the Vice President of the Republic of Ghana, Dr. Mahamudu Bawumia,Members of the Council of State present,Honourable Ministers,Mr. Chairman,The business and investor community present,International development partners here with usThe media,

Good morning.

It’s a pleasure and a privilege for me to welcome you all to this morning’s meeting and opening ceremony of the 2018 Ghana Economic Forum (GEF). This year’s event marks the 7th edition since we created the Ghana Economic Forum as a platform to lead discussions that will inform what policies need to be formulated to ensure inclusive and sustainable development.

This year’s meeting is taking place under the theme Building A Competitive Economy for Sustainable Growth.

Your excellency, when the Ghana Economic Forum started in 2012 Ghana had just started the production of oil in commercial quantities. Optimism and hope for a better and prosperous future was high, and the attention of the world was fixed on Ghana to see if she could escape the ‘resource curse’, whereby discoveries of valuable commodities fuel conflict and corruption instead of funding development.

Since then, Ghana has enjoyed strong economic growth. In 2012, the country was the fastest-growing economy in the world with a GDP of 14 percent.

This year, the economy is projected to expand by 6.8 percent, while real non-oil GDP is expected to grow by 5.4 percent

over the same period. Inflation is trending downward, and interest rates are also declining. The country has so far shown that with a vibrant private sector supported by a friendly business operating environment, all the sustainable development goals can be achieved.

Despite the strong economic growth realized so far, signs of underdevelopment still abound; and instead of receding they are rather widening. Sanitation is poor. The agriculture sector is still rain-fed, and it is labour intensive. Industry is struggling with high input costs. Infrastructure to support growth is also poor.

Unemployment is arguably one of the biggest challenges we face now as a country, and it is expected to worsen in the face of the current crisis in the financial services sector.

These, Your excellency, show that strong economic growth without accompanying job opportunities and restoring social contracts is not sustainable. If there is growth in the country, everyone should feel it; failing this will mean that we all, as business leaders and policymakers, will feel the consequences.

The government and business community must pursue a common agenda to create jobs for people. As we pursue economic prosperity there is need for us as a country to ensure economic prosperity is more equitable, and that there is diversity and inclusiveness.

Ladies and gentlemen, I am afraid this is our only way to guarantee that the hopes which ushered Ghana into a new economic paradigm with our voyage into oil production does not turn into despair.

As citizens and stakeholders in the Ghanaian economy, we need to engage in a determined effort to rebuild the foundations of our society.

Over the past seven years, the Ghana Economic Forum has evolved into an influential platform for businesses, government, the international donor community and civil society to come together to shape the economic agenda of the country. This meeting is an important point of connection for all our communities. It is your opportunity to take advantage of the platform we have built - not only to bring you together, but also to catalyse action from your ideas.

For us at Business & Financial Times Limited and BiA Conferences - organisers of the Ghana Economic Forum, and our partners who believe in our vision, it is our hope that everyone here today participating in this Forum will take full advantage of this meeting and its manifold opportunities to make a significant difference.

Once again welcome, and enjoy the discussions.

Thank you.

// FOREWORD

HON. YAW OSAFO MAAFOSENIOR MINISTER, GOVERNMENT

OF GHANA

Interact. Impact. Inspire.


// AGENDA

DAY 1

8:00am – 9:00am Registration/welcome Tea & Coffee

9:00am – 9:05am Introductions by MC (Bernard Avle)

9:05am – 9:10am Security briefing (Movenpick Hotel)

9:10am – 9:20am Welcome remarks by Dr. Mrs. Edith Dankwa, CEO of Business & Financial Times Ltd.

9:20am – 9:30am Lead Sponsor’s remark by Mrs. Abena Osei-Poku, Managing Director, Barclays Bank

9:30am – 9:40am Opening Remarks by Hon Yaw Osafo Maafo, Senior Minister

9:40am – 10:00am Opening Address by His Excellency Dr. Mahamudu Bawumia (Vice President of Ghana)

10:10am – 12:10 pm PLENARY I- Practical ways of building a competitive Ghanaian economy: Focus on priority areas in need of dramatic improvement towards creating a competitive Ghanaian Economy

- Macro economy- Policy congruence- A regulatory environment that’s future-ready- A public sector that works- Education

Economic Presentation The Economy of Ghana – A presentation by Mr. Jeff Gable, Head of Research , Absa Group Ltd

Panelists

• Mr. Yaw Osafo Maafo, Senior Minister, Office of the President• Dr. Lord Mensah, Senior Lecturer, School of Business University of

Ghana • Mr. Jeff Gable, Head of Research, Absa Group Ltd • Mr. Selorm Branttie, Global Strategist, MPedigree Network • Mr. Henry Yentumi, Technical Adviser to Commissioner General 2• Ghana Revenue Authority

MODERATOR: Mr. Bernard Avle, Director for news programming, Citi Fm

12:10pm-12:30pm Coffee/Tea Break (Networking)

12:30pm -2:30pm Focus Group Sessions on Agriculture, Manufacturing, Technology/Fintech, Finance

2:30pm – 3:30pm Lunch and Closing


// AGENDA

DAY 1

FOCUS GROUP SESSIONS (11:30pm – 1:30pm)

12:30pm -2:30pm AGRICULTURE- Realizing the agriculture potential for sustainable job creation - Capitalizing on Public Private Partnerships for growth in agriculture and agro-processingPanelists• Dr. Nurah Gyiele, Minister of State for Agriculture• Mr. Anthony Morrison, CEO, Agribusiness Chamber• Mr. Davis Korbor, National Best Farmer 2009• Mr. Fakor Dovlo, Founder of REEL Consult

Session Chair: Mr. Charles Nornoo- Project Coordinator, GCAP

12:30pm -2:30pm MANUFACTURING: Boosting Economic Growth through manufacturing: Taking the reins of industry transformationPanelists• Mr. Yeo Ziobeieton, Unilever Ghana • Mr. Zakari Banda, Deputy Director, Ghana Export Promotion

Authority• Mrs. Catherine Krobo-Edusei, Founder & CEO, Eden Tree Ltd• Mrs. Anna Himbson, Deputy Managing Director, NBSSI

Session Chair: Mrs. Catherine Edusei- MD, Eden Tree Ltd

12:30pm -2:30pm TECHNOLOGY & FINTECH - Grasping the opportunities of new technology Panelists• Ms. Lucy Quist, Founder & CEO, Quist Blue Diamond• Mr. Romeo Bugyei, CEO IT Consortium• Mr. Derrydean Dadzie, Board Chairman Dreamoval• Mr. Patrick Quantson, Technology ConsultantSession Chair: Derrydean Dadzie, Board Chairman, Dreamoval

12:30pm -2:30pm FINANCE - Fueling a competitive Ghanaian Economy, the role of a world class financial sectorProposed Speakers• Mr. Alhassan Andani, MD, Stanbic Bank• Dr. Joseph France, Head of Financial Stability Department, Bank of

Ghana • Mr. Kojo Addae-Mensah, Databank• Mr. Sampson Akligoh, Ag. Director Financial Sector Division,

Ministry of Finance

Session Chair: George Asante, Head of Trading (Ex SA) Absa Group Ltd

3:30pm – 4:00pm Exhibition/Closing


// AGENDA

DAY 2

7:00am – 8:00am Registration/Welcome Tea & Coffee

8:00am – 10:00am PLENARY 1 – Building a competitive economy on the back of the right Investments for Growth and Jobs

Proposed Speakers:• Mr. Joe Sackey, Chief Director, Ministry of Business Development• Mr. David Ofosu Dorte, (Infrastructure)• Dr. Ernest Addison, Governor of the Bank of Ghana

MODERATOR: Mr Kobla Nyaletey, Director, Head of Markets, Barclays Ghana & Nigeria

10:00am -12:00noon PLENARY II- Industrializing to create jobs – stimulating industry for a self-sustained economy

Proposed Speakers:• Hon. Carlos Kingsley – Deputy Minister of Trade• Mr. Ebenezer Amankwaa Minkah, CEO, Ekam Capital Ltd.• Hon. Gifty Ohene Konadu, National Project Coordinator for 1D1F• Dr. Joseph Siaw Agyepong, Jospong Group MODERATOR: Mr. Kobla Nyaletey, Director, Head of Markets, Barclays Bank Ghana & Nigeria

12:00pm – 12:30pm Coffee/Tea Break

FOCUS GROUP SESSIONS (11:15am – 12:45pm)

12:30pm – 2:30pm TOURISMTopic: Tourism & Aviation Investment Opportunities and ROI

Proposed Speakers:• Hon. Kwabena Darko Mensah, Deputy Minister of Aviation• Dr. Kobby Mensah, Tourism Marketing Expert• Prof. Kodzo Gavua, Dean Department of Art, UG• Capt. Samuel Thompson, AWA

MODERATOR: Dr. Kobby Mensah, Tourism Marketing Expert


// AGENDA

DAY 2

12:30pm – 2:30pm INSURANCETopic: Building a competitive economy for sustainable growth: the role of insuranceProposed Speakers:• Mr. Seth Eshun, Head of Supervision, National Insurance Commission• Mr. Solomon Lartey, MD Activa Insurance• Mr. Faris Elias Attrickie, General Manager, Operations SIC

MODERATOR: Rev. Asante Ahenkorah, CIIG

2:30pm – 3:00pm Closing Presentations

2:45pm – 3:45pm Lunch & Closing


MR. YAW OSAFO-MAAFOSENIOR MINISTER

ABENA OSEI-POKU, MD, BARCLAYS BANK GHANA LIMITED

Yaw Osafo-Maafo has had an exemplary career as a banker, consultant, politician and a statesman. He is a graduate of the Kwame Nkrumah University of Science and Technology, an Engineer and Project Analyst by training, and a fellow of the Ghana Institute of Engineers. He started his career as an engineer at the Volta Aluminium Company (VALCO).

Mrs Abena Osei-Poku is an Economist by training and an astute leader with a proven track record in banking. Prior to her appointment as Managing Director of Barclays Bank Ghana Limited, she was the Managing Principal and Regional Head responsible for Barclays Africa Group’s (now Absa Group Limited) Corporate and Investment Banking businesses in East & West Africa. She previously served as the Corporate Banking Director at Barclays Bank Ghana with an oversight responsibility for Barclays Bank Uganda.

JEFF GABLE, HEAD OF RESEARCH, ABSA GROUP LIMITED

Jeff Gable is a Managing Principal, Head of Research and Chief Economist for Absa Group. His research teams cover both cash equities and fundamental macroeconomic and market strategy research on South African and across numerous Sub Saharan markets. Jeff joined the South African business from Barclays in late 2006 as part of the build out of the investment bank.

// SPEAKERS

DR. JOSEPH SIAW AGYEPONG CEO, JOSPONG GROUP OF COMPANIES

SOLOMON LARTEY, MD, ACTIVA INSURANCE INTERNATIONAL

DAVID OFOSU-DORTE PARTNER AT AB & DAVID.

LUCY QUIST, FOUNDER & CEO OF QUIST BLUE DIAMOND

CATHERINE KROBO EDUSEI CEO, EDEN TREE LTD

DR. ERNEST ADDISON, GOVERNOR, BANK OF GHANA

Dr. Joseph Siaw Agyepong, founder and Executive Chairman of the Jospong Group of Companies can best be described as a Serial Entrepreneur with a penchant for identifying business opportunities across various industries. Dr. Agyepong became a Chief Executive Officer at the young age of 25 when he transformed his mother’s exercise book business into a printing press (Jospong Printing Press).

Mr. Solomon Lartey is the Managing Director/Chief Executive Officer of Activa International Insurance Ghana. He is a Chartered Insurance Practitioner and a former Mortgage and Insurance Consultant with the Simple Group in Mitcham, United Kingdom; Insurance and Mortgage Broker at Brooklands Financial Services, Wandsworth, London (an appointed representative of Mortgage Broking Services – MBSL, of Manchester, United Kingdom).

David Ofosu-Dorte is a Partner at AB & David. He has worked in both the public and private sector for a period spanning over twenty-five (25) years. He has immense transaction experience and led several assignments. David is experienced in handling high-end projects and financings.

Lucy Quist is the founder & CEO of Quist Blue Diamond, a company that leverages technology, engineering and data science to transform business models. She serves as the President of the African Institute of Mathematical Sciences, Ghana. She is also a co-founder of the Executive Women Network and the fintech service, FreshPay.

Catherine Krobo Edusei is a Ghanaian Entrepreneur, Founder and CEO of Eden Tree Ltd. Eden Tree is into distribution of fresh herbs, fruits, and vegetables to Supermarkets and Catering Firms in Ghana, and has been in food and agribusiness for the past 20 years.

Dr. Ernest Kwamina Yedu Addison (born 1963) is an economist and the fifteenth and current Governor of the Bank of Ghana. He had previously worked with the central bank as Director of Research from 2003 to 2011. He had worked with the African Development Bank prior to his appointment as the Governor of the Bank of Ghana.


// SPEAKERS

KOBLA NYALETEY, DIRECTOR, HD MARKETS BARCLAYS, GHANA & NIGERIA

GEORGE ASANTE, HEAD OF TRADING-EX SA ABSA GROUP LIMITED

KOJO ADDAE-MENSAHGROUP CEO, DATABANK GROUP

Kobla is director & the head of markets, ¢orporate and investment banking at barclays ghana and has oversight responsibility over our markets business in nigeria. He oversees ffl trading, bond trading, debt structuring &distribution and risk management product sales into all client segments. Kobla joined barclays in 2005 and has experience in treasury, ¢orporate banking, retail risk and operations.

George Asante manages the Trading business across Africa excluding SA. He joined the Corporate and Investment Banking team in SA from Ghana where he was the Director: Country Treasurer & Head of Markets for Barclays Ghana. Prior to that he worked in the Emerging Markets Structured Products Group at Barclays Investment Bank (Barclays Capital) based in London with focus on Africa Rates, FX and credit structuring.

Kojo Addae-Mensah is the Group CEO of Databank. He has 20 years of combined experience in commercial and investment banking. He started his career at Databank in 1998 and then proceeded to work at Standard Chartered, Barclays and finally GCB Bank, before returning to Databank in 2014.

Mr. Tackie is currently the Acting Chief Director at the Ministry of Business Development having previously served as the CEO of the National Medium-Term Private Sector Development Strategy (PSDS II). He also served as the Coordinator of the Trade Sector Support Programme (TSSP) and the Industrial Sector Support Programme (ISSP) at the Ministry of Trade and Industry.

JOE TACKIE, AD-MINISTRY OF BUSINESS DEVELOPMENT

MARKUS RIDLE SNR SUB-SAHARAN AFRICA STRATEGIST–ABSA GROUP LTD

Ridle Markus was appointed Africa Strategist in the Research department of Absa Capital in February 2008. He is the economist responsible for sub-Sahara Africa research and analysis. Ridle holds a Bachelor of Commerce (Honours) degree from the University of the Western Cape and a Masters degree in Business Leadership from the University of South Africa.

Dr. Kofi Koduah Sarpong is a business executive and consultant. He served as Executive Chair-man of Ghanaian football club, Kumasi Asante Kotoko from 2010 to 2013. He has worked for the International Cocoa Organization in London and Ghana Cocoa Board. He is the chief execu-tive officer of GNPC as of 2017

DR. K.K. SARPONG CHIEF EXECUTIVE GNPC

ALHASSAN ANDANI, EXE. DIRECTOR OF STANBIC BANK GHANA LIMITED.

Mr. Alhassan Andani serves as the Executive Director of Stanbic Bank Ghana Limited. Mr. Andani served as an Executive Director of Barclays Bank of Ghana Ltd. until June 17, 2005. He serves as the Board Chairman of the Ghana CSIR (Council for Scientific & Industrial Research) and a director of SOS Villages Ghana. He has been an Independent Non-Executive Director at Gold Fields Limited since August 1, 2016.

MR. FARIS ATTRICKIE GENERAL MANAGER, T.O. SIC INSURANCE

Mr. Faris Attrickie is the General Manager – Technical Operations of SIC Insurance. Having been in Insurance practice for 20 years, Mr. Attrickie has acquired enormous experience in various aspects of Insurance, particularly in the area of risk assessments, policy drafting and policy analysis, including oil and gas Insurance.

KOBBY MENSAH (PHD, SHEFFIELD)TOURISM MARKETING EXPERT

Dr. Kobby Mensah is a Senior Lecturer at the Department of Marketing and Entrepreneur-ship, University of Ghana Business School. He teaches Tourism Marketing and is also the Coor-dinator of the Marketing and Communications (UGBS Marcoms) unit of the School, with the responsibility for managing and maintaining a strong UGBS brand.


ANTHONY S.K. MORRISON CEO, CHAMBER OF AGRIBUSINESS GH

SAMPSON AKLIGOH, AG. DIRECTOR, FINANCIAL SECTOR DIVISION,

MINISTRY OF FINANCE

ABDALLAH Z.K. BANDA , GHANA EXPORT PROMOTION AUTHORITY

EBENEZER AMANKWAH-MINKAH, SR INVESTMENT ADVISOR EKAM CAPITAL

Anthony S.K. Morrison has an extensive knowl-edge of the Agribusiness industry, with over 12 years in the sector. A very proactive advocate, chief lobbyist and an expert in food security and nutrition. He is also an expert in Agribusi-ness value chain development.

Sampson Akligoh is the Acting Director of the Financial Sector Division of the Ministry.Prior this role he worked in the financial ser-vices industry in advisory, asset management and as an economist. Sampson was the Man-aging Director of InvestCorp, a financial ser-vices firm in Accra, Ghana. He served as a Vice President at Databank where he was Head of Research and a Fixed Income Strategist.

Mr. Abdallah Z. Banda is a Deputy Director in charge of Services, Manufactures and Pet-rochemicals at the Ghana Export Promotion Authority (GEPA), an organization he joined in 2008. Prior to GEPA, he worked for ADMABS In-vestments Limited as the Operations Manager.Between 2010 and 2015, Mr. Banda was the Vice President of ECOWAS Trade and Enterprise Ex-perts Network.

Ebenezer holds a degree in Economics from the University of Ghana, Post Graduate in Management Studies from London College of Management Studies, UK, Master in Business Administra- tion from Anglia Ruskin University and Masters of Arts in Economic Policy Manage-ment.

DR. LORD MENSAH, UNIVERSITY OF GHANA BUSINESS SCHOOL

SELORM BRANTTIE, GLOBAL STRATEGIST FOR MPEDIGREE

KODZO GAVUA, ASSOCIATE PROFESSOR OF ARCHAEOLOGY, UGSA

PATRICK QUANTSON, HD, DIGITAL TRANSFORMATION, STANBIC BANK GH

Dr. Lord Mensah is a Senior Lecturer at the University of Ghana Business School.He received his PhD in Applied Economics-Finance at the University of Antwerp, Belgium in 2011. He also earned his MSc in Financial Mathematics at the University of Kaiserslautern, Germany in 2004.

Selorm Branttie is the Global Strategist for mPedigree. Since joining mPedigree in 2010, Selorm has been responsible for the expansion of the service under the mandate of NAFDAC in Nigeria and seeing the technology to industries including but not limited to Automotive, Cosmetics, Textiles and several Fast Moving Consumer Goods brands.

Kodzo Gavua is an Associate Professor of Archaeology and Heritage Studies, and Dean of the University of Ghana’s School of Arts. He holds a PhD and a Master of Arts degree in archaeology and African archaeology respectively from the University of Calgary, Canada.

Patrick Quantson is the Head of Digital Transformation at Stanbic Bank Ghana Limited. He is well-known for his progressive approach to innovation and his passion for the use of relevant human centered technology for social development. His knack for identifying and delivering cost-effective and convenient digital solutions to traditional banking problems has made him an indispensable asset in his field of work.

// SPEAKERS

CAPT. SAMUEL THOMPSONCOO, AFRICA WORLD AIRLINES

He is the Chief Operations Officer of Africa World Airlines, a positon he has held for the past 1 year and 7 months. Prior to his appointment, Captain Samuel Thompson was the Chief Executive Officer/Accountable Manager of Royal-GH Airline Company which took over Fly 540 Ghana Ltd. He was also with Fly 540 Ghana where he held various positions such as Captain, Director of Flight Operations and the Accountable Manager.


MR. DERRYDEAN DADZIE CEO DREAMOVAL

HON. K. OKYERE DARKO MENSAH, DEPUTY MINISTER OF AVIATION

CHARLES NORNOO, GHANA COMMERCIAL AGRICULTURE PROJECT

CHARLES NORNOO, GHANA COMMERCIAL AGRICULTURE PROJECT

Derrydean Dadzie is a Co-Founder and Chief Executive Officer at DreamOval Limited. Derry is part of Africa’s entrepreneurs who are con-sistently right-defining the status quo while presenting a serious challenge to the narrative concerning Western ideas of Africa’s economic development.

Hon. Kwabena O. Darko-Mensah is a politician and the Member of Parliament of Takoradi Con-stituency in the Western Region of Ghana. He is the Deputy minister for Aviation in Ghana

Charles Nornoo has tremendous experience in resource and people management in Africa. This has included but not limited to managing programs/projects, impacts assessment, managing both private sector and civil society organisations, advising on corporate social investment strategy, establishing strategic business linkages and systems, mentoring SMEs, value chains management & value-addition to agricultural commodities.

Charles Nornoo has tremendous experience in resource and people management in Africa. This has included but not limited to managing programs/projects, impacts assessment, managing both private sector and civil society organisations, advising on corporate social investment strategy, establishing strategic business linkages and systems, mentoring SMEs, value chains management & value-addition to agricultural commodities.

// SPEAKERS

MR. BERNARD AVLEDIRECTOR OF NEWS, CITI 97.3 FM

MR. HENRY YENTUMI, TECHNICAL DIRECTOR , COMMISSIONER

GENERAL, GRABernardino Avle is host of the leading English Language talk show on Ghana radio-The Citi Breakfast Show, He is additionally Director of News at Citi 97.3 FM, in Ghana. He also hosted a current affairs TV Show-The Ghana Report, until December 2016 on Viasat 1. The Citi Breakfast Show was adjudged the Interactive/Talk Show of the year at the BBC’s Africa Radio Awards in 2007.

Mr. Henry Yentumi is a Technical Director to the Commissioner General of the Ghana Revenue Authority (GRA).

ROMEO BUGYEI , CEO OF IT CONSORTIUM.

YEO ZIOBEIETON, MANAGING DIRECTOR, UNILEVER GHANA

He has over 20 years of executive leadership experience in consulting, insurance and technology spaces. With his experience, he has contributed to the success and technology transformation of many companies such as: Deloitte and Touche Consulting West Africa and SIC Insurance Co. Ltd. Romeo has led the transformation of IT Consortium into one of the foremost Financial Technology (FinTech) companies in Ghana and beyond.

Mr. Yeo Ziobeieton, Managing Director, Unilever Ghana. Yeo Ziobeieton, has 14 years’ experience with Unilever Cote D’Ivoire, Dakar, Durban, Kenya and South Africa. He has held a number of general management and marketing positions at the company.

REV. ASANTE MARFO-AHENKORAMD, TRI-STAR INSURANCE

Asante Marfo-Ahenkora is the Managing Director of Tri-Star Insurance Services and President of the Insurance Institute of Ghana. He is a Fellow of Chartered Insurance Institute UK & Ghana and a Chartered Insurance Broker with 27 years’ experience in insurance. Rev. Marfo-Ahenkora is the immediate Past President of the Ghana Insurance Brokers Association and has served on various Insurance Industry Committees.

Barclays, the 2018 Euromoney Best Bank in Ghana, combines its expertise and product knowledge with its rich experience and appreciation of the local environment to bring world-class banking to its customers and clients.

The bank which has over 100 years of operations in Ghana, offers a wide range of financial services; Corporate & Investment Banking, Business Banking solutions for SMEs and a three-tier Personal Banking proposition - Personal, Prestige & Premier banking. With 67 service outlets and over 165 ATMs spread across the country, Barclays Ghana also provides a full suite of bancassurance products and an array of digital banking solutions - online & mobile banking, CashSend (ATM money transfer), ATM cash deposit and mobile money services; as well as credit cards and Point of Sale terminal services among others.

Barclays Bank Ghana is part of Absa Group Limited, which has a balance sheet of close to US$ 100 billion and has presence in 12 countries in Africa.

The group owns majority stake in banks in Botswana, Mauritius, Mozambique, Seychelles, South Africa (Absa Bank), Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. It also has representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

As a forward-looking African business with global scalability, the bank is driven by a purpose to bring possibilities to life. This is backed by a new bold growth strategy which prioritises innovation, digital leadership and strong focus on customers while playing a major role in helping shape society. Barclays Ghana is the currently the most profitable bank in the Ghana, as of the end of the 2017 financial year.

Barclays Bank of Ghana

WEST BLUE CONSULTING PROFILE

West Blue Consulting is a world class business and IT-consulting and technology firm. We transform the performance of leading organizations in both the private and public sectors. From concept to strategy development and detailed implementation, we consistently deliver our clients with rapid, high-impact results.WestBlue Consulting has built a reputation for delivering innovative solutions in the field of IT Services worldwide.Based on our client’s needs with the highest of ethical standards and pure dedication to excellence in all operational aspects, we aspire to exceed our customers’ expectations. We embrace both Design-Build-Implement as well as alternative delivery methods to provide the most effective and efficient IT solutions to governments, NGOs and Private Organizations in Africa and across the globe. We recognize one of the most challenging issues to date is providing technology based cutting-edge solutions that meet business needs and requirements, and we are uncompromising in our dedication to this integral element in all our business activities.Despite an increasingly competitive business environment, we vow to create the added value that will deliver true satisfaction to all our customers.For more information, please visit: www.westblueconsulting.com

THE ZOOMLION STORY

ZOOMLION GHANA LIMITED is a wholly Ghanaian owned company that is focused on delivering quality Waste Management and Scientific Cleaning services. It is the provider of an integrated Waste Management Solution from Waste collection, through haulage, transfer and sorting to recycling. It is a member of the Environmental Service Providers Association (ESPA) of Ghana and a Silver member of the International Waste Management Association.Zoomlion Ghana Limited was established as a waste management business in Ghana in April 2006, under the Company’s Act 1963, Act 179. Its key mandate was to help deal with the country’s waste menace and also to address the unemployment challenges by recruiting and training unskilled workforce across the country. The company started with a few workers but has grown over the past ten years. It now has over 45 subsidiaries now known as “sister companies” and operates in about six African countries. Zoomlion Ghana Limited has a total core staff of nearly 3,000 and created jobs for over 200,000 youth and women.Since its entry as a private player in the history of environmental sanitation in this country, Zoomlion has injected huge sums of capital into operations and introduced several technologies and systems of waste management such as the tricycle concept, the free bin promotion, the sanitation improvement package and many others. Zoomlion has, within a spate of 10 years, tackled the sanitation problems from all possible angles and largely succeeded in bringing significant changes to the face of environmental sanitation in this country. The company, which started as a public-private-partnerships (PPP) initiative in various projects in waste management and environmental cleaning services over the years, has grown into a giant in the waste management business. It has also diversified its activities to include other allied waste management services such as vector control, environmental education, public health management, and has further ventured into other income-generation activities. This has created the need to decentralize all its ten Regional and 216 District operations to make them autonomous and self-sustaining.BackgroundA quick flashback to recapture the state of environmental sanitation in the country a decade ago would show how Ghana faced the challenge of battling the issue of effective and sustainable waste management, especially, in the wake of the high rate of population increase and rapid urbanization. It increasingly became very obvious that, as the waste and sanitation burden grew heavier by the day, the capacity of the state to effectively manage the situation grew weaker in the light of the increasing cost of waste management as against the limited resources being competed for by several other basic needs of the people.It was at this period of overarching problem that Zoomlion Ghana Limited entered the fray with the poise as never seen before in the history of environmental sanitation in this country to crack down on the filth that had engulfed our cities. This was in response to the introduction of private sector involvement in waste and sanitation sector following the promulgation of the Environmental Sanitation Policy aimed at injecting greater efficiency in service delivery.

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