At the prestigious Africa Rising Symposium in London, the air was thick with anticipation as Sammy Gyamfi, Chief Executive Officer of the Ghana Gold Board (GOLDBOD), took the stage.
Addressing an audience brought together by EMY Africa, Mr. Gyamfi delivered a stirring call to action: it is time for Africans abroad to become more than senders of remittances, they must become strategic investors in Africa’s economic transformation.
Under the headline theme, “The Growing Relationship Between Africa and Its Global Diaspora and Why This Movement Matters,” Mr. Gyamfi spoke passionately about the continent’s future. He described the African diaspora as one of Africa’s greatest strategic assets, endowed with the financial resources, expertise, technology, and global networks needed to accelerate the continent’s development.
“Remittances are lifelines, but investments build self-sustaining engines. Remittances help households survive but investments help economies transform,” Gyamfi declared, drawing a clear distinction between short-term support and long-term prosperity.
He urged diaspora communities to channel their resources into productive sectors such as manufacturing, agribusiness, information technology, healthcare, infrastructure, renewable energy, and value addition. Beyond capital, he called for the sharing of skills, mentorship, and governance expertise, emphasizing the role of the diaspora in nurturing Africa’s next generation of entrepreneurs.
Mr. Gyamfi also turned his attention to African governments, challenging them to create a more conducive environment for diaspora investment. He stressed the need for policy consistency, robust institutions, and respect for contracts, while commending President John Dramani Mahama for policies aimed at strengthening local ownership and encouraging mutually beneficial foreign investment in Ghana.
The GOLDBOD CEO concluded his address with a resounding message: “Fellow Africans, Africa is rising. Let Africans rise with her.”
He went on to highlight reforms at the Ghana Gold Board under his leadership, including intensified efforts to formalize gold trade, combat smuggling, promote responsible sourcing, and bolster Ghana’s gold reserves. These reforms, he explained, are designed to maximize value retention, protect national resources, and ensure that Ghana’s mineral wealth delivers sustainable and inclusive benefits for all.
As the applause echoed through the hall, Mr. Gyamfi’s vision for Africa’s future was clear: a continent transformed not by charity, but by ownership, value creation, and powerful partnerships with its global sons and daughters.
Source: Apexnewsgh.com