African Americans promise US $1 million for GSE

A prominent US civil rights leader attending the Fifth African, African-American Summit in Accra has promised to encourage African Americans to invest in the Ghana Stock Exchange (GSE), PANA reported. "I intend to mobilise next week about one million dollars from members of the delegation as well as other colleagues back in the United States to buy shares on the Ghana Stock Exchange," the Reverend Jesse Jackson, US special envoy for democracy in Africa, said. Jackson, accompanied by US Secretary of Labour Alexis Herman and other officials, gave the undertaking on Wednesday while visiting the exchange in Accra. Jackson said the planned share purchases were an effort to develop a relationship between the GSR and the Wall Street Project, PANA reported. A meeting is scheduled for January 2000 between the Wall Street Project and some US stock markets, PANA added, at which Ghana, Kenya, Nigeria and Zambia are invited to build linkages.