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...those who invest in Ghana, the going can be rough. In 1993, Mona Boyd and her Ghanaian husband rented out their brownstone in Boston and moved to Ghana. They created Land Tours Ghana, a business specializing in guiding tourists through the country. Boyd, 55, now Land Tour's CEO, had visited Ghana before but had never done business in the country. She found that her go-go, type-A American personality was a poor fit with the laid-back spirit of most Ghanaians...

Author: /time Magazine | Title: Ghana's New Money | 8/21/2006 | See Source »

...Idris Osei-Agyeman, 29, investing in Ghana was even more personal than for most African Americans because his father is Ghanaian. That side of Osei-Agyeman's family has worked as farmers for generations--a tradition broken only when his father emigrated to the U.S. to go to college on a track scholarship. Osei-Agyeman returned to the family last year, took out a 70-year land lease on 36 acres in Ghana's eastern region and converted it into a mango farm. "I wanted to go back on my own and get into farming, and when...

Author: /time Magazine | Title: Ghana's New Money | 8/21/2006 | See Source »

Stateside, Ghanaians who have emigrated to America have taken up that call. Samuel Akainyah, an art teacher and gallery owner, last year pulled together a group of 40 Chicago-area African-American businessmen and -women and took them on a 10-day trip to Ghana. The group was received by the President and the Ghanaian business community and then given a tour of the country. "It's a mutual benefit," says Akainyah. "We benefit from the technology and the investment, and African Americans with the entrepreneurial impulse find a fertile market to make money...

Author: /time Magazine | Title: Ghana's New Money | 8/21/2006 | See Source »

...runs Carrington & Carrington Ltd., a firm that specializes in connecting big business with minority executives. When Carrington arrived in the Ashanti region, the aristocrats liked him so much that they named him the Agona Nkosuohene--developmental chief--for the region. When he returned to Chicago, members of the local Ghanaian community began visiting Carrington regularly, instructing him on how to dress and conduct himself during state functions...

Author: /time Magazine | Title: Ghana's New Money | 8/21/2006 | See Source »

Still, there are moments, says Carrington, when the two cultures don't exactly mesh. When functioning in an official capacity, Carrington has a tribal "linguist" on hand who acts as his mouthpiece. One day, while entertaining a group of Ghanaian friends at his home, Carrington decided to demonstrate his grasp of Ashanti traditions. "I told [the linguist] to tell my wife to get me a glass of water," says Carrington, laughing. She was sitting next to him. Her answer did not require the assistance of linguists. "I learned that you have to know when to be Ghanaian and when...

Author: /time Magazine | Title: Ghana's New Money | 8/21/2006 | See Source »

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