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Collaborate and work together to Improve Intra-African Trade – Osinbanjo to African Countries
Prof. Oluyemi Oluleke Osinbajo, former Vice President of the Federal Republic of Nigeria has urged African countries to collaborate, work together to improve intra-African trade.
He said this could be done by building infrastructure that connect the countries both digitally and physically.
He noted some of Africa’s accomplishments at the level of intra-African trade, stating that as much as 41 per cent of Africa’s machinery exports were traded within the continent.
Prof. Osinbajo also noted that 35 per cent of biopharmaceutical products and 30 per cent of industrial chemicals were already being traded as a measure of intra-African trade.
Speaking at the BOMA of Africa event on the sidelines of the Africa Union’s Mid-Year Coordinating Meeting held in Accra last Saturday, Prof. Osinbajo said it is in the best interest of Africa to improve trade among its member countries.
This year’s theme for BOMA of Africa, “From the Africa We Want to the Africa We Build,” encapsulates the essence of Africa’s journey. Through focused discussions on health, wealth creation, development financing, and governance, BOMA 2024 aimed to ignite new momentum towards realizing Africa’s continental aspirations. By spotlighting major projects and initiatives, the event aimed to foster a spirit of collaboration and determination.
Touching on Africa’s rich biodiversity, Prof. Osinbajo said the continent had high biodiversity reserves and the scale of natural capital to preverse centuries of ecological erosion and the unbridled carbon-laden industrialisation of yesterday.
Noting that there is a wave of brain drain that has hit African countries, Prof. Yemi Osinbajo, who previously served as Attorney General of Lagos State from 1999 to 2007, said Africa must create an environment that rewards the talents of its people to prevent movement of African labour to other continents.
“Labour is always going to find the place where it is best rewarded. Anywhere in the world, wherever labour is best rewarded, that’s where it’ll go. That’s why there are lots of movements all across the world. It’s, therefore, best for Africa to create the environment for rewarding talent,” Prof. Osinbajo said.
He said according to experts, as much as one quarter of the planet’s workforce was likely to be of African origin and of the youthful workforce in particular, as much as 42 per cent may be in Africa by 2050.
“according to him, an energetic pool of youthful talent fortified with fast-advancing artificial intelligence and the geoengineering edge of a world that is desperately in need of a new economic growth paradigm is an edge that the rest of the world ignores at great risk.”
“Integrate trade, digital transaction and work together to build a resilient, rich, prosperous economy and then people will stay and people will come from everywhere in the world to Africa. There’s no other solution,” he said.
With regards to Africa’s health development readiness, Prof. Osinbajo noted that during the pandemic, Africa, through the collaboration of Panavirus and the Africa CDC, brokered by AfroChampions, built and deployed the world’s first vaccine passport.
“The Panavirus platform digitally connected labs and hospital facilities, as well as pathogen genomic centres in 20 countries of Africa,” he added.
AUDA-NEPAD and AfroChampions, alongside other strategic partners, have hosted the annual BOMA of Africa event during African Integration Week since 2019. This year’s BOMA was aligned with the AU Mid-Year Coordination Meeting, further cementing its significance on the continent’s commemorative calendar.
The BOMA of Africa has become a premier platform for showcasing the continent’s most inspirational achievements in unity and integration.
Convened at the highest level, the event aims to move beyond discussions to concrete actions, inspiring Africans across various fields such as science, technology, education, the creative arts, and entrepreneurship.
The 2024 BOMA of Africa is a strategic milestone on the path to achieving the Africa We Want. AUDA-NEPAD and AfroChampions reaffirm their unwavering commitment to the goals of Agenda 2063, setting a precedent for accountability, innovation, and unity across the continent.
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ASWIM lauds Prof Naana Jane Opoku-Agyemang
The Association of Women in the Media, (ASWIM) has congratulated Professor Naana Jane Opoku-Agyemang on her historic achievement as Ghana’s first female Vice President.
The association said her trailblazing journey with sterling accomplishments from academia to politics, is undoubtedly, a vivid inspiration to countless women and girls across Ghana and Africa.
This was contained in a statement signed by its president, Mrs Mavis Kitcher, and copied to The Spectator on Tuesday in Accra.
“ASWIM celebrates your remarkable career, marked by numerous firsts, including the first female Vice-Chancellor of the University of Cape Coast, (UCC), and the first female to hold a professional chair in Ghana, (UCC),” the statement said.
It said the accomplishments of Prof Opoku- Agyemang were clear testament to the brilliance, resilience and resourceful nature of the complete beautiful African woman.
“As she takes on this new role, ASWIM proudly lauds her commitment to education, women’s empowerment, distinguished public service and patriotism and is very confident that her pursuit of excellence, love for humanity, humility, decency, modesty and commitment to the welfare of the vulnerable will characterise Ghana’s political leadership and public service,” the statement added.
By Jemima Esinam Kuatsinu
Entertainment
Demolition of Fantasy Dome unfair — Mark Okraku-Mantey
Months after the Fantasy Dome was dismantled to make way for construction at the Ghana International Trade Fair site, the Deputy Minister of Tourism, Arts and Culture, Mr Mark Okraku-Mantey, has expressed concern over the manner the facility was destroyed.
In an interview on Daybreak Hitz with Andy Dosty, Mr Okraku-Mantey criticised the handling of the dome’s dismantling, suggesting that it could have been done without causing damage.
“I don’t think that leadership gave instructions that they should do what happened. The structure was a prefab but I hear the people destroyed it. That one, we cannot defend it. It is unfair to him (owner). Sometimes, you give instructions and people will go and do things that will make you look bad,” he stated.
When asked about any punitive measure against the workers responsible for the destruction, Mr Okraku-Mantey clarified that the Trade Fair does not fall under his ministry.
He said he had previously contacted the owner, Leslie Quaynor, to discuss relocating the dome, and even suggested the National Museum as a potential site, though it was too small.
The demolition of the 20,000-seater Fantasy Dome occurred on March 16, 2024.
According to Dr Agnes Adu, CEO of the Ghana Trade Fair Company Limited, the action was taken after multiple notices were given to Quaynor to vacate the premises for redevelopment, as per their tenancy agreement.
Dr Adu noted that all previous tenants had complied except for the Fantasy Dome.
Quaynor, in an interview with JoyNews, confirmed that his lease had ended, and was in the process of relocating the dome.
He had requested an extension, which was denied, leading him to seek a writ and an injunction from an Accra High Court to halt the demolition.
Despite this, the demolition proceeded, causing significant damage to the structure.
Quaynor described the incident as a major setback, not only for his business but also for the entertainment industry, which relies on venues like the Fantasy Dome.
