LITTLE ROCK (AP) - A former Ghanaian ambassador to the US says Africa could see an economic renaissance with its mineral and gas deposits, but it needs private investment. Koby Koomson spoke today in Little Rock, where he will head the University of Arkansas at Little Rock's newly created African Diplomatic Business and Finance Center.
Koomson, who graduated from UALR in 1979, said the center will draw African ambassadors into candid discussions with investment firms about ways to bring that money in.
Koomson and other university officials signed a 3-year agreement Tuesday to create the center, which they say will be funded entirely by private donations by venture capital and private equity firms. Koomson, who served as Ghana's ambassador from 1997 through 2001, will head the program out of the university's College of Business.
UALR launches Africa business center helmed by former Ghanaian ambassador
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