
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
-
‘We’ve become quite experienced in negativity’ – Liverpool’s Slot
47 minutes -
Legendary manager Lucescu dies days after resigning
1 hour -
One dead as train travelling 99mph collides with lorry in France
1 hour -
Airlines cut flights and hike fares as fuel prices surge
2 hours -
Kane inspires Bayern to first-leg advantage over Real Madrid at Bernabéu
2 hours -
Wireless Festival cancelled after Kanye West blocked from coming to UK
2 hours -
Wa West MP commissions five boreholes for the benefit of his constituents
2 hours -
Havertz’s late strike hands Arsenal narrow first-leg advantage over Sporting
2 hours -
Damang mine award: Minority not against Ghanaian participation; we’re asking for fair process – Konadu
2 hours -
NPA to enforce stricter registration rules for petroleum tankers
3 hours -
Manhyia South MP laments decline in hospitality operations in his constituency
3 hours -
How a simple clean charcoal innovation could benefit Ghana’s climate future
3 hours -
NPA, COMAC launch Safety Week 2026 to promote risk management in petroleum sector
3 hours -
Stakeholder engagement resolves onion trade impasse
3 hours -
Gender Ministry holds staff durbar, welcomes new Chief Director
3 hours