As Ghana accelerates efforts to fortify its economy amid global inflation, Nigerian businesswoman and supply chain specialist, Dr Iyadunni Olaleye, is stepping in with strategic solutions to tackle critical economic challenges.

In a recent virtual discussion with the former Principal Registrar of Ghana’s Ministry of Chieftaincy and Religious Affairs, Dr Olaleye emphasised Ghana’s potential to emerge as a premier business hub in Africa and beyond. She urged policymakers and industry leaders to adopt innovative supply chain solutions and strategic investments to drive economic recovery and long-term growth.

Echoing concerns raised by the U.S. Department of State, Dr Olaleye acknowledges other economic difficulties, such as high government debt—especially within the energy sector—low revenue mobilisation, corruption, high youth unemployment, and inefficiencies within state-owned enterprises. She stresses the necessity of establishing a strong domestic revenue base, given that Ghana, despite having a population of 33.8 million and over 14 million potential taxpayers, sees only six million filing their annual tax returns.

To address these issues, Dr Olaleye advocates comprehensive structural reforms that build economic resilience. She calls for enhanced infrastructure investments to alleviate trade barriers, greater digitalization to improve operational efficiency and policies that encourage both local and international business investments. Her strategy seeks to reduce Ghana’s dependence on foreign aid while promoting long-term economic sustainability.

Dr Olaleye’s credibility in business and supply chain development is reinforced by her impressive academic and professional background.

She holds a Bachelor’s degree from the Federal Polytechnic Ado-Ekiti, Nigeria, and an MBA from Bowling Green State University in Ohio, United States. Her outstanding contributions to the industry earned her an honorary doctorate from Heim Weldios University in Benin Republic.

Additionally, she served as the Procurement and Operations Manager at Guarantee Trust Bank (GTBank) in Ondo State, Nigeria, further solidifying her standing as an astute business leader.

With her wealth of experience in business economic development, Dr Olaleye’s initiative provides Ghana with a unique opportunity to refine its economic policies and unlock new growth prospects.

Her forward-thinking approach could play a pivotal role in shaping Ghana’s economic future, transforming challenges into pathways for prosperity and innovation.