• About Us
  • Contact Us
Account
GTB
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
Account
Ghana Talks Business
No Result
View All Result

Insurance for sub-regional investments in the offing

16/04/2015
Reading Time: 1 min read
0
SHARES
Share on FacebookShare on TwitterShare on WhatsApp

Investors who intend to set up companies in the West Africa sub-region have something to smile about because they will soon have a special insurance package to protect their capital.

As part of strategies to attract a lot more Foreign Direct Investment into the Sub-Region the West Africa Insurance Companies Association (WAICA) says it will by the end of this year introduce an insurance package to make investments more secured.

Speaking with Joy Business at the opening ceremony of the Association’s Sub-Regional Conference, Secretary General William Coker said this should address the biggest fear held by most foreign investors.

According to him the investment guarantee mechanism “is something WAICA is working on with ECOWAS and with the African Trade Insurance Agency in Nairobi.”

The insurance will secure FDIs to  Ghana, Nigeria, Gambia, Sierra Leone, etc.

Most countries around the world now consider Africa as the territory in which to invest their monies because of the returns they get.

They are however said to be afraid of losing their investments and thereby require assurance.

Mr. Coker indicated that WAICA “is working to bring in this mechanism to allay such fears. This could enable investors come into the sub-region to invest their monies – assured that they can take their monies out anytime they please, with no inhibitions.”

 He added that the insurance is being made possible under the auspices of ECOWAS in collaboration with the Africa Trade Insurance Agency.

Previous Post

MILLIONAIRES HOOD: Accra named residential hub for wealthy Africans

Next Post

Prologue is Audi’s 725hp, Shanghai-bound stunner

Related Posts

MostBet Registration Bangladesh

29/12/2023

28/12/2023

Праздничные подарки от 1 win насладитесь Новым Годом с дополнительными выгодами!

22/12/2023

How does the sizing of sp5der clothing run

22/12/2023

Azərbaycanda rəsmi sayt

20/12/2023

Mostbet Casino Azərbaycan üçün imkanlarını təqdim edir

20/12/2023
Next Post

Prologue is Audi’s 725hp, Shanghai-bound stunner

Attacks on foreigners could hamper SA economic recovery

  • About Us
  • Disclaimer
  • Privacy Policy
  • Advertising
  • Contact Us

© 2023 Ghana Talks Business

No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
  • Login

© 2023 Ghana Talks Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In