Audio By Carbonatix
President John Mahama says Ghana is working to add value to its exports.
He was speaking at the Cocoa Touton Processing plant at Tema during a visit by the Ethiopian Prime Minister Hailemariam Desalegn.
"It is about value addition. Ghana has a similarity with Ethiopia. Ethiopia is one of the leading producers of coffee and we are one of the leading producers of cocoa.
"Part of our programme of transformation is how we take the exports that we have and add value to them so that we can earn more foreign exchange and create more jobs for our people," the president said.
Ghana has for years exported cocoa in its raw form to European countries where value is added and sold back to Ghanaians. The president hoped this development will be a thing of the past.
The Ethiopian Prime Minister also praised Ghana for her drive to process its raw materials.
"The problem with African production was that only the beans have been exported to foreign countries and the value addition was so small and the employment that we generate was so small.
"But thanks to this factory i have seen that the agenda to create more jobs and add more values to our products have been realised in Ghana and it will be a good lesson that Africa should learn to continue on industrializing Africa and manufacturing African products," he stated.
Latest Stories
-
NACOC addressing inherited gaps in fight against drug trafficking – Deputy Director-General
10 minutes -
Taekwondo goes to school as GTF launches five-region youth campaign
14 minutes -
The issues Mourinho is struggling to fix at Real Madrid
20 minutes -
Hundreds throng EducationUSA College Fair in Kumasi in pursuit of abroad studies
23 minutes -
Drug bust: NACOC should be part of port inspection team – Twum-Barimah
26 minutes -
Ward appointed Liverpool’s sporting director
26 minutes -
This isn’t the first cocaine bust; NPP must stop the politicisation – NACOC deputy boss
30 minutes -
Drug bust case: Only Customs officers, MPS officials in scanning room – NACOC
2 hours -
I don’t mind being insulted; I have a crocodile skin – President Mahama
2 hours -
Samson’s Take: Verify the badge – and verify the story
2 hours -
President Mahama explains why Ghana must rethink regulation of TikTok, other new media platforms
2 hours -
Rule of law must be protected – GBA condemns EOCO action against Baffour Awuah
4 hours -
950,000 barrels of Sankofa crude head to TOR as GNPC deepens domestic refining
4 hours -
Scales of deception removed – Annoh-Dompreh attacks new cocoa price
4 hours -
Young Positivist Writes : My Experience with GCLP
5 hours