Burkina Faso will send a high-level delegation to Ghana to study the country’s investment promotion strategies, Sampson Ahi, the Deputy Minister for Trade, Agribusiness and Industry, has said.
He disclosed this on the sidelines of the maiden Invest in Burkina Faso Forum (FIIBF), held under the theme “Structuring Investment for a Sovereign Burkina Faso.”
The forum brought together government officials, business leaders and development partners from 44 countries to promote investment, policy exchange and regional collaboration for sustainable growth.
Mr Ahi said Ghana’s experience in attracting and facilitating investment offered valuable lessons for neighbouring countries.
“Ghana’s investment incentives, tax exemptions and other supportive measures can provide useful insights for Burkina Faso. I understand they will soon send a delegation to learn from our experiences, which will be very helpful,” he said.
Ghana’s current investment framework, developed under President John Dramani Mahama and the leadership of the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, focuses on boosting industrial productivity, attracting foreign investment and promoting opportunities across all districts.
The framework also includes an investor grievance mechanism and a 24-hour premium service to speed up business registration and approvals.
Mr Ahi said the planned visit by the Burkinabe delegation would promote knowledge exchange and help Burkina Faso adopt best practices for sustainable economic growth.
The Deputy Minister for Trade, Agribusiness and Industry reaffirmed Ghana’s commitment to regional economic cooperation and private sector-led development in line with the objectives of the African Continental Free Trade Area (AfCFTA).
Meanwhile, Simon Madjie has called for stronger regional cooperation between Ghana and Burkina Faso to enhance trade and investment across West Africa.
Speaking at the same forum in Ouagadougou, Mr Madjie commended the organisers for providing a timely platform to promote investment and partnership opportunities in the sub-region.
“This forum highlights Burkina Faso’s potential to attract investors. Ghana and Burkina Faso have a unique opportunity to build mutually beneficial partnerships that strengthen trade and investment across our borders,” he said.
The FIIBF featured high-level discussions, exhibitions and engagements with the President of Burkina Faso, all aimed at showcasing the country’s investment potential and promoting sustainable economic development in the sub-region.
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