The Ghana Chamber of Commerce and Industry (GNCCI) has signed a Memorandum of Understanding (MoU) with Regent University College of Science and Technology in Accra to bridge the gap between industry and academia.

The MoU would help promote research and innovation, industry-academia collaboration, as well as training, and development. It would also help promote and strengthen the commercial and industrial interests in the country as well as prepare young graduates from the university to meet the needs and requirements of the job market.

Speaking at the MoU signing event which took place at the Ghana National Chamber of Commerce and Industry head office in Accra, Mr. Clement Osei-Amoako, the President of GNCCI, emphasized that the success of any economy rested on its entrepreneurs, enterprises, and an enabling environment.

Mr. Osei-Amoako said the MoU sought to create a broad framework of collaboration in the areas of research and innovation, training and development, and industry-academic cooperation to support entrepreneurship and enterprise development.

He remarked that the world of work was always evolving, requiring the development of unique insights on the issues impacting organisations and individuals. “It is my fervent expectation that the implementation of today’s agreement will contribute to knowledge and skills transfer between industry and academia in achieving our shared vision for the country”

Mr. Osei-Amoako added that when Africa’s younger entrepreneurs, are prepared adequately to take over the economy “then we are building a future for our Ghanaian economy.”

Professor Ernest Ofori Asamoah, the President of Regent University College of Science and Technology expressed optimism that the partnership would provide students with the opportunity to acquire knowledge, skills, and experience to be relevant in the job market. He also expressed hopes that this partnership would enable well-researched standard business practices to be documented to help businesses in the country.

Present at the signing were Mr. Mark Badu-Aboagye, CEO, GNCCI, Mr. Julius Bradford Lamptey, Head, Research & Advocacy, and Mr. Abudu Asoman, Research Officer.

The Regent University College delegation comprised of Prof. George Toworfe, Vice President, Mr. Benjamin Zogbator, Registrar, Ms. Vida Oppong, ESS Director, and Mr. Emmanuel Amissah, Business Development.