The American Chamber of Commerce, Ghana on Friday, February 22, 2019, hosted members of the National Black MBA Association(NBMBAA) for a Business Breakfast engagement at the Movenpick Hotel in Accra. The event was organized in collaboration with the Ghana International Chamber of Commerce.
The National Black MBA Association is in Ghana for their 2nd annual trade mission excursion. This Mission is to expose African Americans to the current African culture and the various investment opportunities across the continent; consequently potentially diversifying and growing their investment portfolios.
President of the Chamber, Joe Mensah in his opening remarks shared his experience when he returned home from the United States to open an IBM office in Ghana. He also said out of an experience, the agricultural sector is a viable business sector to invest in. He encouraged members of the National Black MBA Association to consider investing in that sector.
Jese Tyson, the President of the NBMBAA said throughout the trip, participants were exposed to the culture and life in both countries through guided activities, along with an opportunity for participants to give back. He added that their ongoing commitment to promote bilateral trade relationships have seen the association assist companies in finding overseas partners, license technology and aid in international growth.
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, who was also a speaker at the event encouraged the diaspora business community to take advantage of Ghana’s stable socioeconomic and competitive environment to partner their Ghanaian counterparts.
He added that members of the NBMBAA have come at a very instructive time, where the country has position itself to lead the economic emancipation of the continent of Africa.
The African American community is estimated to have a collective buying power of $1.3 trillion. This Matilda Arhin, the President of the Ghana International Chamber of Commerce believes can be leveraged to drive development on the African Continent.
“Every year the members spend $400 million on tourism, hence if these people are invited to return home, some for holidays and others to invest it will greatly improve on the sector,” she added.
President of the National Black MBA Association presented a special edition book on the association to Joe Mensah, President of AmCham Ghana for the support he has rendered the association over the years.
The National Black MBA® Association was conceived in 1970 to help Blacks coming into the corporate sector, largely for the first time, share experiences and insights to help make the journey easier. By nurturing these new professionals, the organization helped early members navigate and, ultimately, succeed in unfamiliar and frequently challenging environments and have risen up and reached back to bring up the next generation of Black professionals through providing coaching, guidance and mentoring.