Audio By Carbonatix
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
-
Niger says it regains control of airbase after soldiers mutiny
15 minutes -
Africa’s Road to LA28 begins as Ghana’s Paralympic committee steps up preparations
1 hour -
Foods you must eat if you have irregular periods
1 hour -
Fire engulfs storeroom at Apaaso, Kintampo
1 hour -
Gas tanker accident triggers leak at Fiaso
1 hour -
BCI urges women to prioritise breast health to reduce cancer cases , deaths in Ghana
1 hour -
Christians must emulate St Augustine’s virtues — Bishop Kobina Louis
2 hours -
Trassaco, Action Chapel, Caprice and others to experience 8-hour power outage
2 hours -
US deports relative of Afghans who aided military to Africa
2 hours -
Iceland on track to reject EU referendum as counting nears end
2 hours -
Ex-White House teleprompter operator ordered to pay $172,000 for Trump speech bets
2 hours -
At least 37 dead and hundreds evacuated after strike on Kyiv weapons depot
2 hours -
US military families ride ‘roller coaster of emotions’ over six months of Iran war
3 hours -
One dead, several injured, in Swiss shooting incident, police say
3 hours -
Philip Nai: Ghana’s creative industry needs structure, not just talent
3 hours