Ken Ofori-Atta, the Minister of Finance for Ghana, and his delegation attended the first day of MTN Group's Capital Markets Day in Johannesburg, South Africa.
The escorting delegation included Mr. Reginald Yofi Grant, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), and Mr. Solomon Asamoah, Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF), who participated in the event's panel on Ghana's economic health, prospects, and opportunities.
The first day of the Capital Markets Day provided MTN investors with the opportunity to gain a deeper understanding of the market dynamics across the Group's footprint. Speakers dissected the main drivers of these markets and discussed some of the challenges and opportunities.
The event featured prominent speakers such as the Deputy Governor of the South African Reserve Bank, Dr. Rashim Cassim, the CEO of South Africa's Energy Council, James McKay, the Head of Research for the Middle East and Africa at Standard Chartered Bank, Razia Khan, and Bismarck Rewane, the Managing Director and CEO of Nigeria's Financial Derivatives Company.
In his address, Minister Ofori-Atta discussed the role of Ghana's mutual prosperity dialogue as a forum that will place the private sector at the center of Ghana's development agenda.
The Minister briefed a group of MTN investors on Ghana's macroeconomic outlook, outlining the country's future prospects, including the benefits and significance of the recently signed agreement with the IMF.
The Minister stated that Ghana is "seeking partnerships that will enable us to realize our ambitions of becoming the cradle of Africa's economic and development revival."
During his visit, the Minister, accompanied by MTN Group Chairman Mcebisi Jonas, paid courtesy calls on President Cyril Ramaphosa and Minister Pravin Gordhan of South Africa's Ministry of Public Enterprises.
The second day of the meeting, sponsored by MTN Group CEO and President Ralph Mupita and his senior leadership team, is an opportunity for MTN to discuss its achievements, prospects, and future plans.
Ghana is an essential market for the MTN Group. Significant growth opportunities exist in the country, and MTN has already committed to invest $1 billion in capital expenditures.