Ghana is fertile ground to invest - Sullivan

Accra (Greater Accra), 24th May '99 -

The convenor of the African African-American Summit, Rev Dr Leon Sullivan has described Ghana as a ''fertile ground to invest.''

"With the growing economy of Ghana, it is possible for any serious investor to make it,'' Dr Sullivan convenor of the just ended Fifth African-African American summit told journalists in a pre-departure interview on Saturday.

He said Ghana would be the first country to benefit from a people's fund to be set by his organisation for small-scale entrepreneurs, especially in the area of crop farming and animal husbandry.

Dr Sullivan said that the African Development Bank would monitor loans under the fund.

He described Ghana as the most "hospitable nation" that he has ever visited and said, "such hospitality opens the door for tourists to flood the nation".

Dr Sullivan who was accompanied by 400 business representatives described the summit as a new chapter in the re-development of Africa both economically and politically.

He said the world owes Africa reparation in terms of debt relief and investment in education and economy.

''To me reparation means clearing the debt, bringing investors, pulling money from other nations to Africa to economically and politically emancipate her''.