President Akufo-Addo Lobbies For Alibaba Africa Headquarters To Be Set Up In Ghana

Barely a week after it was announced that a memorandum of understanding had been signed between Ghana and German firm,  Volkswagen, to set up a car assembly plant in Ghana, President Akufo-Addo has revealed that meetings have been held during his state visit to China to get another multi-national company to set up their Africa operations headquarters in Ghana.

President Akufo-Addo, who is currently in China, met on Monday with Chinese business mogul, Jack Ma on the possibility of his company setting up the African headquarters of the Alibaba Group in Ghana.

President Akufo-Addo revealed that that the Alibaba Group, of which Mr. Jack Ma is the co-founder and Executive Chairman, has plans to partner African countries and to help nurture technological savvy talents in the sub-region hence the decision to ask him to set up the company’s Africa headquarters in Ghana.

Alibaba Group is a multinational holding conglomerate specializing in e-commerce, retail, Internet, AI and technology.

Founded in 1999, the company provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals, as well as electronic payment services.

It owns and operates a diverse array of businesses around the world in numerous sectors, and is recognized as one of the world’s most admired companies.

Source: Citi newsroom

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