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President Akufo-Addo Invites Chinese Investors To Join Ghana’s Economic Transformation
At the China-Ghana Business Forum in Shenzhen, China, on September 7, 2024, President Nana Addo Dankwa Akufo-Addo made a compelling case for increased Chinese investment in Ghana.
Speaking to a gathering of Chinese business leaders, the President emphasized the longstanding relationship between Ghana and China, as well as the tremendous investment opportunities Ghana offers in sectors ranging from manufacturing to agriculture and green energy.
President Akufo-Addo opened his address with a Chinese proverb, “If you want to walk far, walk with someone,” symbolizing Ghana’s desire to walk hand-in-hand with China on the path to long-term economic progress. He highlighted Ghana’s determination to learn from China’s success story and its commitment to deepening ties with China’s business community to ensure mutual prosperity.
The President emphasized the strong trade relations between Ghana and China, noting that China has been Ghana’s largest trading partner since 2015. In 2023, trade between the two nations reached $9.23 billion. He commended Chinese companies for their continued investment in key sectors such as construction, energy, agriculture, and ICT, and he attributed China’s growing presence in Ghana to the West African country’s stability, security, and welcoming investment environment.
Reflecting on the global challenges posed by the COVID-19 pandemic and the ongoing Russia-Ukraine war, President Akufo-Addo pointed out that these events have exposed structural weaknesses across Africa.
He urged the business community to partner with Ghana to create resilient, climate-conscious, and diversified economies that can withstand future global shocks.
According to him, international cooperation will be essential in building economies that thrive despite global disruptions.
President Akufo-Addo highlighted Ghana’s progress under his administration, citing his government’s efforts to foster a business-friendly environment since assuming office in 2017. He noted that Ghana’s economy grew rapidly between 2017 and 2020, with an average annual GDP growth rate of 7%.
Despite the economic setbacks caused by the pandemic and geopolitical challenges, the President expressed optimism that Ghana is once again on a path of robust economic growth.
The President’s remarks also highlighted his government’s ambitious Ghana CARES ‘Obaatampa’ Programme, a comprehensive economic revitalization plan aimed at addressing the challenges caused by the pandemic.
The programme seeks to inject significant investments into key sectors such as agriculture, agro-processing, housing, and healthcare. The initiative requires private sector participation, and President Akufo-Addo invited Chinese businesses to contribute to this effort, emphasizing the importance of partnerships in rebuilding the Ghanaian economy.
In his address, President Akufo-Addo showcased a range of government programs designed to boost industrialization and economic development. These included the “Planting for Food and Jobs” initiative, the development of Ghana’s nascent automotive sector, and efforts to build integrated bauxite and iron industries. These initiatives, he explained, are part of Ghana’s broader strategy to transition from an exporter of raw materials to a value-added, industrialized economy.
The President also spoke about Ghana’s unique position as the host of the African Continental Free Trade Area (AfCFTA) Secretariat in Accra. He pointed out that this continental trade agreement offers immense opportunities for businesses to access African markets, positioning Ghana as a strategic hub for regional trade and investment.
“We are leveraging the AfCFTA to become a new commercial capital of Africa,” the President declared, highlighting the potential for Ghana to serve as a gateway to the continent.
In closing, President Akufo-Addo reiterated that Ghana is an ideal destination for Chinese investment. With a stable regulatory environment, favorable fiscal policies, and abundant natural resources, the country offers unparalleled opportunities for businesses looking to expand into Africa.
He urged Chinese investors to seize the moment, stressing that Ghana’s doors are open and its markets are ready to support meaningful partnerships.
With a renewed commitment to fostering strong ties between Ghana and China, President Akufo-Addo expressed optimism about the future, noting that deeper collaboration between the two countries will create shared prosperity for their people.
“Let us seize this moment to forge stronger ties, build lasting partnerships, and create shared prosperity for the people of Ghana and China,” the President concluded, extending his gratitude to the Chinese business community for their continued interest in Ghana.
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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