Audio By Carbonatix
The Association of Ghana Industries (AGI) has noted the success of Ghana’s 24-Hour Economy initiative hinges on building a coordinated and integrated value chain system that guarantees markets for producers and ensures smooth flow from farms to factories.
Chief Executive Officer of the Association, Seth Twum-Akwaboah, explained that for the 24-Hour Economy to deliver its intended benefits of job creation and increased productivity, all segments of the production chain from farmers and suppliers to manufacturers and marketers must work seamlessly together.
“If we want the value chains to work, there must be a coordinated and integrated system where farmers are guaranteed a market for their produce. There should be off-takers ready to purchase goods once they are produced. From the farm gate to logistics, every part of the chain must function efficiently and competitively,” he noted.
Speaking at the annual general meeting of the AGI in the middle belt, he noted that competitiveness in pricing and product quality depends heavily on a stable supply of raw materials and efficient logistics networks.
This, he said, will enable industries to produce consistently at lower costs, strengthen export potential, and sustain operations under the 24-hour production model.
Mr. Twum Akwaboah added that AGI has been actively involved in shaping the 24-Hour Economy Policy, contributing industry insights and recommendations that emphasize sustainable business growth and employment creation.
He further stressed that once farmers, logistics providers, and factories are properly linked within the value chain, businesses will not only thrive but also expand employment opportunities across sectors.
Latest Stories
-
Hussein Mohammed: Hearts midfielder hit with three match ban for attempting to slap referee
15 minutes -
Ukraine ceasefire talks continue as US says ‘progress was made’
16 minutes -
Airbnb fined £56m by Spain for advertising unlicensed properties
16 minutes -
Uncle Ebo Whyte wraps ‘Order for Four’, blends politics, love, and music in festive stage hit
18 minutes -
Asokore Mampong: 2 suspected robbers arrested for killing 28-year-old woman, stealing iPhone 11
20 minutes -
Three Americans killed by IS gunman in Syria, US military says
20 minutes -
Shock and grief after director Rob Reiner and wife Michele found dead
21 minutes -
We’re ready for Kpandai rerun – Electoral Commission
30 minutes -
GACL opens overflow car park at Kotoka airport ahead of Christmas rush
32 minutes -
Cool off this festive season at Joy FM’s family party in the park this boxing day
39 minutes -
Atiwa East DCE fined GH₵12,000 for contempt in galamsey case
1 hour -
Ghana must industrialise or perish: The urgent case for economic self-reliance
1 hour -
Bawumia was a driver’s mate and could not overrule the driver – Adwoa Safo mounts strong defence
1 hour -
Ofori-Atta’s 20% killer tax destroying 24-Hour industralisation
2 hours -
Former Black Galaxies and Great Olympics coach Annor Walker to be laid to rest in January
2 hours
