KPMG knowledge partner of The Business and Financial Times 11th Edition of the Ghana Economic Forum

Over the past two days, The Business and Financial Times (B&FT) held their 11^th Edition of the Ghana Economic Forum (GEF) dubbed  Building A Robust & Resilient Economy through Technology, Finance, Investment, Trade and Entrepreneurship.

On the first day Andy Akoto gave opening remarks on behalf of our Senior Partner. He stated the Ghana Economic Forum is an adaptation of the World Economic Forum and the firm is proud to play an integral part of this forum.  He added that this year’s theme looks at our present issues as well as ways to prepare for the future and touched on key themes that emerge from the 2022 CEO Outlook which included Economic Outlook, Technology and the cyber environment, supporting and attracting talent and ESG (and its impact on businesses).

Philip Twum shared insights on Plenary Two later that day on Fintech and the Future of Finance. He spoke on the benefits and risks of cryptocurrency and emphasized that the future is bright for fintech in Ghana, but there needs to be a lot more education and regulation so that everyone has a better understanding.  ​​​​​​​

On day Two, Andy Akoto shared insights on the plenary entitled Trade and Industrialization: Catalyst for economic growth and development.  During his session he explained that for economic growth we have to be very deliberate about how we put forth policies and make sure they are executed in line with the long-term strategies of the country.  He also spoke on the need for Ghana to be innovative in order to boost our local entrepreneurs. 

He also shared his observation that currently there are not many linkages between various ministries (such as transportation and agriculture) to make sure everything works full circle and added that there needs to be consistency in thoughts and execution to make sure the required linkages in all other sectors ensure the policies work and thrive.​​​​​​​

Overall, the various plenaries were very informative, with various thought leaders from reputable institutions sharing their thoughts, insights and recommendations in order to help boost the economy in Ghana in both the short term and long term.