President Nana Akufo-Addo has urged African countries to integrate more closely through competitive business, political cooperation, and investment to establish an African Beyond Aid agenda. According to him, African countries should make the most of the African Continental Free Trade Area (AfCFTA) by adding value to their resources before exporting them, in order to accrue more revenue.
Speaking at the Academy of African Business and Development's 22nd Annual Conference, President Akufo Addo said African economies can be transformed through value added industrialisation.
"African countries need to work more closely, deeply and competitively through trade to enhance initiatives. Together, we need to build our continent and hold each other up.”
“That's the only way we can grow organically", he added.
He also called on African countries to double their efforts to develop in a sustainable manner and take responsibility for its sustainable growth.
He claimed that while Africa was the richest continent in the planet, the vast majority of its people were the poorest.
The president commended the University of Professional Studies, Accra (UPSA), through the agency of OPSA for hosting the annual Academy of African Business and Development conference.
Simon Sigue, President of the Academy of African Business and Development, argued that Africa's intra-trade activity should be expanded to improve economies.
"Africa's economy is growing. When you look at it you could see, but we need to have a connection to build each other together", he stated
The AABD annual conferences aim at facilitating multi-disciplinary research by stimulating collaborations between Africa based researchers and professionals and their counterparts around the world.
This is done by broadening and deepening global understanding of various issues relevant to Africa’s business and development, as well as advancing solutions to some of her challenges.
Latest Stories
-
CARISCA 2025 reimagines Africa’s supply chains for sustainability
5 minutes -
Ejisu MP calls on government to fix bad roads
9 minutes -
Police foil armed robbery attempt in Accra, two suspects killed
24 minutes -
PURC forces reconnection, resolves water utility dispute in Tamale
26 minutes -
Parliament passes Ghana Medical Trust Fund Bill
40 minutes -
Chinese firms explore opportunities under Ghana’s 24- Hour Economy programme
46 minutes -
Dr Zanetor Agyeman-Rawlings joins Ghana’s delegation to Pan African Parliament
50 minutes -
Forum in Mali sparks debate on Africa’s historical claims for reparations
51 minutes -
Northern Region: PURC resolves consumer utility concerns with innovative outreach programmes
52 minutes -
Ghana likely to end 2025 with inflation rate in single digit – Deloitte
52 minutes -
German Development Cooperation marks milestone in boosting digital job prospects for Ghanaian youth
54 minutes -
Kofi A. Tawiah Foundation to host character education training for educators in northern Ghana
54 minutes -
Newmont completes GH₵ 95m Hwidiem–Kenyasi road; commits $34m to boost Ahafo South infrastructure
1 hour -
Three poachers arrested in Ankasa Conservation area after failed bribery attempt
1 hour -
Sekondi court grants bail in 12-year-old assault case
1 hour