Wednesday, June 29, 2022

We can’t just be exporters of cocoa beans – President Akufo-Addo

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The President, Nana Addo Dankwa Akufo-Addo says Ghana no longer wants to be dependent on the production and export of raw materials, including cocoa beans.

Ghana intends to process more of its cocoa, with the aim of producing more chocolate because there can be no future prosperity in the short, medium or long term, if economic structures are dependent on the production and export of raw materials.

President Akufo-Addo reiterated the commitment of his Government to add value to raw materials, industrialise and enhance agricultural productivity. He said this is the best way Ghana can be put at the high end of the value chain in the global market place, and create jobs for the teeming masses of Ghanaians.

President Akufo-Addo made this known when he delivered a statement at the Federal Assembly of the Swiss Confederation, in Bern, Switzerland, as part of a 2-day State Visit to that country, the first in 60 years by a Head of State from sub-Saharan Africa.

Whilst serving notice to Swiss investors of the growing business-friendly climate in Ghana, the President, urged them to take advantage of Ghana’s unique position as host of the AfCFTA Secretariat to set-up joint venture enterprises and thereby, access the huge market that the free trade area presents.

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