Tag: Industrialization
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Africa must reposition itself to gain immensely from the global financial market – Lennis Glover
Forex Analyst and Director at the Forex Training Academy, Lennis Glover, has stated that if Africa truly wants to become an economic powerhouse of the future, it needs to get serious about reforming its financial markets. According to him, the current pace of globalization gives no choice to developing countries as they must put in…
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Ghana requires a policy to reduce reliance on imports – Alhassan Andani
The CEO of Stanbic Bank, Alhassan Andani, says the challenges posed by COVID-19 should engineer a new policy that will reduce Ghana’s reliance on imports, particularly from China. According to him, Ghana can improve agriculture production and limit its export by looking at the opportunity to boost domestic production and consumption of some food commodities.…
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1D1F must be carefully implemented to produce better results – IEA
A senior economist with the Institute for Economic Affairs (IEA), Dr. John K. Kwakye, says government’s flagship industrialization policy, one district-one factory, must be re-engineered if it is to yield the right results. Addressing the press in Accra on February 25 as part of IEA’s assessment of the President’s state of the nation address, Dr.…
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Local industries critical to Ghana Beyond Aid agenda – GEPA CEO
The Chief Executive Officer (CEO) of the Ghana Export Promotion Authority (GEPA), Dr. Afua Asabea Asare, says government remains committed to supporting local industries as part of efforts towards achieving the Ghana Beyond Aid agenda. According to her, there is a significant revolution in the value addition process of raw materials by local industries to…
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10,603 jobs created under 58 one district, one factory projects
Government says its flagship one district, one factory industrialization policy has led to the creation of about 10,603 direct jobs through the implementation of more than 50 projects. A list of companies currently in operation under the flagship policy shows that 58 companies are involved in different sectors of the economy ranging from pharmaceuticals, agribusiness…