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Brazil shows interest in Ghana investment opportunities

John Mahama,
Vice President
of Ghana
9 June 2009 – The government of Ghana held talks with Brazilian investors for the construction and funding of two hydropower plants this week.  The Ghanaian delegation was represented by Vice President, John Mahama, and Brazil was represented by Minister of Industry, Development and Foreign Trade, Miguel Jorge.  The discussions included talks on other sectors and opportunities, including agriculture and defence.

Vice President Mahama praised Brazil’s commitment to Africa’s development “finds meaning in the decision of President Lula da Silva to send a trade mission to sub-Saharan Africa at a time when many developed nations were rolling back trade assistance to the continent as a result of the global financial crunch”.

Miguel Jorge said his country would work towards removing the obstacles in the construction of the hydro dams over the Oti and Suri rivers by selecting a construction firm which was solvent to enable the actual work to begin in earnest.