President Nana Addo Dankwa Akufo-Addo, in his address at the annual Africa Day event in Vienna, Austria, emphasized the need for world leaders to recognize the increasing inter-dependency among nations, leading to shared destinies globally.
Highlighting the significance of a well-developed and prosperous Africa, President Akufo-Addo stressed that it would not only benefit the continent but also contribute to the prosperity of other regions such as Austria and Europe. He cited historical precedents to support his assertion that a fair trading system and equitable balance of wealth between nations lead to mutual prosperity.
President Akufo-Addo acknowledged Africa's abundant natural resources and arable land, but expressed concern over the continent's historic reliance on the export of raw materials without meaningful value addition. He emphasized the need for a shift towards value-added industrialization and agricultural productivity as catalysts for economic growth and job creation.
Calling for increased investment and trade between Africa and Europe, President Akufo-Addo outlined the vision for a new paradigm dependent on the structural transformation of African economies. He emphasized the potential for mutual prosperity through robust trade relations between the continents.
Describing Ghana as a haven of peace, security, and stability in West Africa, President Akufo-Addo assured global leaders of a conducive environment for legitimate investments. He highlighted the government's commitment to collaboration with the private sector and the business community to drive economic progress.
President Akufo-Addo concluded by reaffirming his administration's dedication to returning Ghana to a period of high economic growth, with a focus on creating the most business-friendly economy in Africa. He emphasized the importance of working hand-in-hand with the private sector to achieve this goal.
In summary, President Akufo-Addo's address underscored the interconnectedness of global destinies and the potential for mutual prosperity through fair and mutually beneficial trade relations, while outlining a vision for Africa's economic transformation and collaboration with international partners.
-src 3news | curated by Haruna Muhammed | Mydailyreports24
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