Prudent African investors and investors within Africa can ensure that their foreign investments are protected from wrongful conduct that the state and its organs can inflict. .
The influx of foreign direct investment into Africa has been reaching new highs, with tens of billions of US dollars pouring into various African countries every year and reaching a record high with US$83 billion invested in 2021. More is yet to come, with US$2.5 trillion worth of infrastructure projects estimated to be completed by 2025 and much of it will come from foreign investors. Many African countries have vowed to promote and protect such foreign investments.
Madam Shirley Ayorkor Botchwey, Minister of Foreign Affairs and Regional Integration-designate, has requested Spain to support Ghana’s candidature for a non-permanent seat on the United Nations (UN) Security Council for the period 2022 to 2023.
She also urged Spain to support Ghana s candidature for membership of the UN Board on Narcotic Drugs for the period 2022 to 2025 as well as for membership of the International Narcotics Control Board for the period 2022 to 2027.
She further requested Spain to support Ghana to meet its commitment under the Paris Agreement on Climate Change
Madam Ayorkor Botchwey made the appeal on Friday, when Madam Cristina Gallach Figureas, Deputy Minister of Foreign Affairs, European Union and Cooperation of Spain, paid a courtesy call on her in Accra.