Blumberg Grain was featured in an article titled Blumberg Grain Makes Ghana A Finalist For West African Manufacturing Hub published by The Investor yesterday. The article makes note of an impending investment decision to possibly locate a multi-million dollar Manufacturing Plant and Export Hub in Ghana by Blumberg Grain. An excerpt:
If Ghana is selected, the Blumberg Grain Hub would employ over 1,000 Ghanaians, generate USD 1.25 billion in sales/export, increasing Ghana's GDP by 3 percent, and house an agricultural institute that provides programming on best practices in agricultural development.
Blumberg's investment will make the winning country the major agribusiness center in the sub-continent. Ghana is in contention with sister African economies, but Blumberg's CEO, Philip Blumberg, said he was impressed with Ghanaian Minister of Food and Agriculture, Mr. Kwesi Ahoi's response, with whom he had personal contact during his 5-day visit.
Mr. Blumberg noted, "Minister Ahwoi has passion, an understanding of the business of agriculture, and a strong desire to see Ghana transformed into a vibrant and critical agricultural commune. Minister Ahwoi introduced us to his team in Accra, who were extremely impressive as well, both in their technical knowledge and their vision for a comprehensive system for Ghana", describing the response as, "extremely impressive."
Speaking about Ghana, the Blumberg team noted that this country is a good place for the Hub as according to them Ghana's Minister is committed to working within the political system to achieve for Ghanaian farmers improvement and support. "He's very focused on that. And that makes a difference to us because it means not only do we have ministerial support, but we also have a government advocate for the center. I was very encouraged by that."
To read the full article, click here. More news and information is available at Blumberg Capital Partners.
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