India Africa Trade Council and BDAC Ink Deal to Enhance Business Cooperation

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India Africa Trade Council and BDAC Ink Deal to Enhance Business Cooperation

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India Africa Trade Council and BDAC Ink Deal to Enhance Business Cooperation

India Africa Trade Council and BDAC Ink Deal to Enhance Business Cooperation

BDAC Ghana Limited, an indigenous strategic consulting and advisory company, has signed a Memorandum of Understanding (MoU) with the India Africa Trade Council (IATC) to strengthen business relations between the two entities and to develop reciprocal cooperation between India and Ghana through BDAC Ghana Limited.

The new partnership between IATC and BDAC aims to identify business opportunities in different sectors of the Ghanaian economy and across Africa. This collaboration seeks to facilitate the exploration of these opportunities by their respective clients.

The MoU was signed in Accra on Monday, March 11, 2024 at the end of a working visit of a 12-member IATC delegation to Ghana. The delegation was hosted by BDAC Ghana Limited and its affiliate PMK Ltd., an Africa-focused finance, PR and strategic partnerships consultancy – both headquartered in Accra.

Chief Executive Officer of BDAC Ghana Limited, Ammishaddai Ofori, in his interaction with the IATC delegation, noted that as a consultancy, BDAC has extensive experience working across multiple sectors with both local and international partners in Ghana and the rest of Africa.

He outlined BDAC’s capacity to support IATC and its clients in their quest to do business in the country and beyond.

Investment interests

Leader of the IATC delegation, Trade Commissioner Dr. Chetna Ilpate, in her remarks at the ceremony to climax the visit, praised BDAC and PMK for their warm reception and professionalism.

Dr. Ilpate highlighted the delegation’s strong interest in investing in key sectors of the Ghanaian economy, including health and pharmaceuticals, agro-processing, tourism, mining and energy.

Solomon Potakey, Senior Partner for Banking and Strategic Partnerships at PMK, highlighted the wide range of opportunities and comprehensive insights presented by the Ghana team across all sectors to the IATC delegation.

Engagements

The IATC delegation, as part of their working visit, paid a courtesy call on Dr. Okoe Boye, the Minister of Health Designate. In his engagement with members of the delegation, Dr. Boye briefed them on the National Health Insurance Scheme (NHIS), emphasising its primary role in covering healthcare costs for Ghanaians registered under the scheme.

Dr. Boye indicated that discussions on projects in the health sector will commence once he assumes office. Among the areas of focus will be the field of cancer care. He told the delegation that the Health Ministry will be looking forward to leveraging on the IATC – BDAC Ghana Limited partnership to attract investments in the area of cancer care.

Dr. Ilpate and her delegation also met with Andrew Agyapa Mercer – former Deputy Minister of Energy and Minister-designate for Tourism, and Michael Okyere Baafi, Deputy Minister for Trade and Industry.

BDAC Ghana Limited & PMK

BDAC is a fully indigenous firm committed to adhering to international consultancy standards to deliver top-tier, bespoke consulting and advisory services to clients across all industries.

The company’s core values of excellence, integrity, client focus, collaboration and adaptability guide its actions, shape its culture and enable it to consistently deliver exceptional results.

PMK is a partner company to BDAC, distinguishing itself in the consultancy landscape with a unique blend of expertise and service offerings tailored to accelerate growth and prosperity within Africa’s dynamic market, focusing on Finance PR, Strategic Partnerships and Business Diplomacy.

The India-Africa Trade Council

The India-Africa Trade Council (IATC) facilitates trade and business relations between India and African countries. IATC offers unparalleled access to industry-specific trade data, business introductions, networking opportunities, education collaboration, investment opportunities, and assistance with documentation and trade licences.

Through a network of trade offices in major Indian cities, IATC works directly with African embassies to bring opportunities to businesses across India. The council organises trade delegations, conferences, exhibitions and events to foster bilateral partnerships and assists with the establishment of industry-focused bilateral trade councils and fora to deepen economic ties between India and Africa.

Source: Thebftonline

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