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President Akufo-Addo Champions Ghana’s Economic Transformation at China-Africa Private Sector Forum
In a powerful address delivered at the China-Africa Private Sector Cooperation Forum on September 7, 2024, in Shenzhen, China, President Nana Addo Dankwa Akufo-Addo of Ghana made a compelling case for stronger China-Africa economic collaboration, highlighting Ghana’s efforts toward industrialization, agricultural modernization, and green development.
His speech, delivered as part of the Forum on China-Africa Cooperation (FOCAC), outlined the transformative opportunities for investment in Ghana while emphasizing the country’s strategic role as a hub for economic growth in Africa.
In his address, President Akufo-Addo praised the remarkable achievements of Shenzhen, a city that epitomizes China’s economic transformation through innovation and investment. “Shenzhen symbolizes the extraordinary achievements that are possible through innovation, investment, and partnership,” he remarked.
Drawing parallels, he pointed out how similar efforts in Ghana are beginning to bear fruit and invited Chinese and global investors to join Ghana in replicating these successes across the African continent.
Central to President Akufo-Addo’s address was Ghana’s ambitious industrialization agenda. He emphasized that the key to Ghana’s economic transformation lies in adding value to its abundant natural resources.
One of the flagship sectors highlighted by the President was the burgeoning vehicle assembly industry, which has already attracted major global brands like Toyota, Nissan, Volkswagen, and Sinotruk to set up plants in the country.
The President assured potential investors of Ghana’s conducive investment environment, supported by the country’s Automotive Development Policy, which offers tax breaks and incentives for vehicle assembly operations.
With the African Continental Free Trade Area (AfCFTA) Secretariat based in Accra, the President further stressed that Ghana offers investors a strategic gateway to the entire African market, positioning itself as a vital hub for regional trade and manufacturing.
Beyond the automotive sector, President Akufo-Addo outlined the success of the “One District, One Factory” (1D1F) initiative, a cornerstone of his government’s industrialization strategy.
Through this programme, the government has facilitated the establishment of at least one manufacturing facility in each of the country’s 261 districts.
As a result, 321 new factories have been developed, with 211 of them being brand-new enterprises. The initiative has also led to the creation of 170,000 jobs, and the President projected even more growth as the program continues to expand.
He urged Chinese investors to consider the vast potential within this program, emphasizing its role in decentralizing industry, creating jobs, and driving rural development.
President Akufo-Addo also acknowledged agriculture as the backbone of Ghana’s economy, contributing significantly to the nation’s GDP. However, he stressed that the sector remains ripe for modernization. The President highlighted Ghana’s “Planting for Food and Jobs” (PFJ) initiative, which has already supported over 1.9 million farmers, significantly boosting the production of key staples such as maize and rice.
Yet, the President was keen to underscore the immense opportunity for investment in agro-processing, a sector he believes will move Ghana up the agricultural value chain. With Ghana being the world’s second-largest producer of cocoa, he urged investors to seize the chance to partner in agro-processing, storage, mechanization, and sustainable agricultural practices, including organic farming.
President Akufo-Addo further emphasized his government’s commitment to green development, seeing it as both a moral imperative and an economic opportunity. He highlighted Ghana’s ambitious goals to increase the share of renewable energy in its energy mix to 10% by 2030, presenting a wealth of opportunities for investment in solar and wind energy.
“Ghana’s doors are wide open to investors who share our vision of a prosperous, industrialized, agriculturally modern, and green Africa,” President Akufo-Addo declared, adding that Ghana offers significant incentives, such as tax breaks and guaranteed feed-in tariffs, to encourage investments in renewable energy.
The President also emphasized the need for improved waste management and recycling, viewing it as an area of immense potential for economic value creation.
In closing, President Akufo-Addo called for China and Africa to deepen their economic cooperation through the Belt and Road Initiative, stressing that partnerships must be built on mutual respect and sustainable development. “The time is ripe for investment in Ghana,” he urged, calling on investors to seize the opportunities in industrialization, agriculture, and green development.
As Ghana continues to pave the way for economic transformation, President Akufo-Addo’s message at the China-Africa Private Sector Cooperation Forum was clear: Ghana is open for business, ready to partner with investors to build a future of shared prosperity and sustainable growth.
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Involve men in breast cancer conversations …Breast cancer advocate
Raisa
A Journalist and breast cancer advocate, Ms Raissa Sambou, has called for the inclusion of men in breast cancer conversations.
She said men play a crucial role in breast cancer conversations, not only because they can be affected by the disease themselves but also because they can help their partners detect early signs.
The inclusion of men in the conversation has dominated discussion on the disease during an ongoing door-to-door campaign to raise awareness on breast cancer in rural communities, focusing on both men and women who often lack access to healthcare information and treatment.
Ms Sambou, a breast cancer survivor, told The Spectator that her campaign aims to educate people in an underserved areas on early detection and prevention.
According to Ms Sambou, by encouraging and reminding women to perform regular self-breast examinations, men can support early detection, which is key to successful treatment.
“Unfortunately, there have been instances where men have distanced themselves from their wives or engaged in infidelity following breast cancer treatments, particularly when it involves the loss of a breast.
“Through education, these situations can be minimised, as men learn to be more empathetic and supportive, understanding the physical and emotional toll the disease takes on their partners,” she explained.
Educating men on these issues fosters stronger familial bonds and helps reduce stigma and misconceptions surrounding breast cancer.
“Men should not be excluded from breast cancer conversations because they can also be affected by the disease,” she said.
Additionally, she noted that when a woman is diagnosed with breast cancer, the entire family is impacted, hence the need for men to be educated on how they can provide emotional and practical support during such difficult times.
Through her initiative, dubbed ‘The Raissa Child Protection Initiative,’ the award winning journalist advocates for the wellbeing of children by empowering their parents to take better care of them.
“If parents are not healthy, they cannot care for their children,” she noted, stressing the importance of health in child protection efforts.
She revealed that the campaign, which began in Tomefa, a fishing community in the Ga South Municipality, also seeks to dispel the misconceptions surrounding breast cancer in rural areas, where fear and stigma often prevent early treatment.
Ms Sambou states that the initiative was to expand to parts of the Eastern and Central regions, with the goal of improving awareness and saving lives in areas where access to healthcare is limited.
She also underscored the importance of adopting a preventive approach to managing chronic health issues, especially given the limited resources at many healthcare facilities in Ghana.
She also expressed concern that rural residents often have to travel long distances across regions to access basic medical services like mammograms and CT scans.
This, Ms Sambou noted, contributes to the high number of undiagnosed cancers and late-stage diagnoses, which severely impact treatment outcomes.
She further lamented that even in cases of early detection, the lack of adequate cancer treatment equipment in the country often hampers patient survival.
At the Korle Bu Teaching Hospital, the nation’s largest referral centre, she explained that only two radiotherapy machines serve hundreds of patients, forcing many to wait for months before receiving treatment.
“My campaign is not only focused on awareness but also on advocacy for improved healthcare infrastructure, especially in rural communities, to ensure that early detection leads to timely and effective treatment,” she added.
By Jemima Esinam Kuatsinu
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Women urged to pursue dreams with determination at ‘She Triumph Conference 2024’
Ms Ibrahim.
Young women have been urged to pursue their dreams with determination and self-awareness at the second edition of ‘She Triumph Conference 2024’.
The conference which was held in Accra last Saturday on the theme: “Resilience and determination of womanhood,” featured keynote speakers from various fields, including business, arts and science.
Participants at the conference.
The speakers urged the over 650 young women present at the conference to showcase their unique talents while advocating for women’s empowerment.
The Marketing Manager of Electroland Ghana Limited, Hajia Adiza Ibrahim, urged young women not to feel pressured by societal expectations but instead focus on self-discovery.
“Identify who you are and what you possess; it’s not a competition, but you want to be recognised for your individuality,” she said.
Drawing from her personal journey, she highlighted the importance of building a personal brand grounded in authenticity and hard work, saying, “I have built my reputation with truth and passion.”
The Chief Executive Officer(CEO) of Kuburah Diamonds Foundation acknowledged the challenges women face in today’s fast-paced, competitive world, urging attendees to cultivate their own identities and strive for excellence.
Ms Ibrahim, popularly known as ‘Kuburah Diamond’, stressed the need to prove oneself in various spheres, whether in academia or professional environments, urging them to exceed expectations when given the opportunity.
According to the founder of ‘She Triumph Conference’, Mrs Deborah Borketey-Tackie, the event was to train young women to gain skills to enable them become entrepreneurs and create employment opportunities for the youth.
These skills, she said included photography, beading, wig making, makeup artistry, balloon decoration and baking among others.
She indicated that 18 students who were trained in these skills had graduated and awarded at the conference.
Mrs Borketey-Tackie said the first and second runner-ups received GH¢10,000 and GH¢5,000 respectively from Omanye Royals Kingdom based in Canada.
By Cecilia Lagba Yada