| © 2008 Francis Ameyibor of Ghana News Agency for MBC Global. Permission granted for excerpts or entire article reproduction provided attribution is provided. Media Contact: Rick Weaver 248-802-6138 or rick@mbcglobal.org |
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Bush's visit to Ghana ignites new
American business interest
by Francis Ameyibor
ACCRA, Ghana (February 20, 2008). - The focus on Ghana by US President George W. Bush in
recent times has ignited a new trend of American business interest and exploration in a triangular
venture to propel Ghana into the global market place.
The triangular venture seeks to focus on and develop collaboration with the government, business
communities and educational institutions to make Ghana a competitive destination in the global
market place, Mr Joseph Paul Cool, President of Cool and Associates Incorporated of US told the
Ghana News Agency in Accra on Tuesday.
"Development in the global marketplace calls for pragmatic business operation orientation by countries to attract the
necessary investors.as nobody would pay attention to you if you don't create value for your products - tangibles and
intangibles," he said.
Mr Cool is currently in the country as advanced team leader under the Mosaic Ghana Initiative, which seeks to connect
Michigan and Ghana to provide significant opportunities for growth.
The exploration would focus on common market sectors - mining, light manufacturing, transportation, communications,
health care, long distance learning, athlete training, student exchange programmes and unique products for Michigan
merchants in the area of joint ventures, distributorships, investment and consulting.
Mr Cool explained that Mosaic Ghana Initiatives is a coalition of several south-eastern Michigan companies including
Multicultural Community Partnership, MBC Global, Cool and Associates, Divine Breeze, Russell and Associates, all
Michigan-based international organizations in collaboration with Paulson Ventures of Ghana.
Mr Cool would speak to the students and operatives in business communities in Accra, Tema, Kumasi and Atimpoku on
various topics including: "Key Success Factors from a Global Perspective", "Going Global-The Challenges for Local
Employers" and "Marketing in the Global Marketplace".
He said Mosaic mission sought to use Ghana, not only as a gateway to Africa but also to establish Accra as the hub of
Mosaic Africa centre. Mr Paul Adotey, Chief Executive Officer of Paulson Ventures, noted that African nations with high
youth unemployment rates continued to thwart small and medium businesses with heavy legal burdens and piecemeal
reforms. He therefore called for intensification of business operational reforms to make the continent competitive in the
global marketplace, stressing that Eastern European countries were aggressively courting entrepreneurs with far-reaching
reforms that streamlined business regulations and taxes. Mr Adotey said jobs were a priority for every country, especially
African countries, as they sought to accelerate development and alleviate poverty and noted that the creation of enabling
environment for business was a key instrument to fighting poverty. He said women, who made up three-quarters of the
work force in most African and some developing economies, would be big beneficiaries of such interventions.
About MBC Global
MBC Global is an international organization based near Detroit, Michigan, dedicated solely to increasing cultural
knowledge and awareness. MBC Global believes the more we know about the cultures flavoring the world the better
equipped we are to appreciate and embrace the differences that make each culture unique. With members representing six
continents, MBC Global connects cultures through a unique website. MBC Global also offers developmental and training
programs, setting it apart from other cultural organizations. For more information about MBC Global, send an email to
rick@mbcglobal.org or visit www.mbcglobal.org.
American business interest
by Francis Ameyibor
ACCRA, Ghana (February 20, 2008). - The focus on Ghana by US President George W. Bush in
recent times has ignited a new trend of American business interest and exploration in a triangular
venture to propel Ghana into the global market place.
The triangular venture seeks to focus on and develop collaboration with the government, business
communities and educational institutions to make Ghana a competitive destination in the global
market place, Mr Joseph Paul Cool, President of Cool and Associates Incorporated of US told the
Ghana News Agency in Accra on Tuesday.
"Development in the global marketplace calls for pragmatic business operation orientation by countries to attract the
necessary investors.as nobody would pay attention to you if you don't create value for your products - tangibles and
intangibles," he said.
Mr Cool is currently in the country as advanced team leader under the Mosaic Ghana Initiative, which seeks to connect
Michigan and Ghana to provide significant opportunities for growth.
The exploration would focus on common market sectors - mining, light manufacturing, transportation, communications,
health care, long distance learning, athlete training, student exchange programmes and unique products for Michigan
merchants in the area of joint ventures, distributorships, investment and consulting.
Mr Cool explained that Mosaic Ghana Initiatives is a coalition of several south-eastern Michigan companies including
Multicultural Community Partnership, MBC Global, Cool and Associates, Divine Breeze, Russell and Associates, all
Michigan-based international organizations in collaboration with Paulson Ventures of Ghana.
Mr Cool would speak to the students and operatives in business communities in Accra, Tema, Kumasi and Atimpoku on
various topics including: "Key Success Factors from a Global Perspective", "Going Global-The Challenges for Local
Employers" and "Marketing in the Global Marketplace".
He said Mosaic mission sought to use Ghana, not only as a gateway to Africa but also to establish Accra as the hub of
Mosaic Africa centre. Mr Paul Adotey, Chief Executive Officer of Paulson Ventures, noted that African nations with high
youth unemployment rates continued to thwart small and medium businesses with heavy legal burdens and piecemeal
reforms. He therefore called for intensification of business operational reforms to make the continent competitive in the
global marketplace, stressing that Eastern European countries were aggressively courting entrepreneurs with far-reaching
reforms that streamlined business regulations and taxes. Mr Adotey said jobs were a priority for every country, especially
African countries, as they sought to accelerate development and alleviate poverty and noted that the creation of enabling
environment for business was a key instrument to fighting poverty. He said women, who made up three-quarters of the
work force in most African and some developing economies, would be big beneficiaries of such interventions.
About MBC Global
MBC Global is an international organization based near Detroit, Michigan, dedicated solely to increasing cultural
knowledge and awareness. MBC Global believes the more we know about the cultures flavoring the world the better
equipped we are to appreciate and embrace the differences that make each culture unique. With members representing six
continents, MBC Global connects cultures through a unique website. MBC Global also offers developmental and training
programs, setting it apart from other cultural organizations. For more information about MBC Global, send an email to
rick@mbcglobal.org or visit www.mbcglobal.org.
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