‘Africa needs to industrialise – says HE President Akufo-Addo’

‘Africa needs to industrialise – says HE President Akufo-Addo’

HE Nana Addo Dankwa Akufo-Addo, President of the Republic of Ghana has emphasized on the need for Africa to industrialize to create the needed decent jobs, foreign exchange generation and to be part of the global value chain.

The President made this call when he delivered the keynote address at London Business School Africa Summit on the theme “Scaling for Impact”. The Event was organized by London Business School Africa Club in partnership with the Club’s Alumni and was witnessed by more than 300 participants on 12th May 2018.

The event which has been running for the past 17 years, has attracted high-level speakers and participants drawn from all sectors of the economy. The platform has been used by various speakers to engage African Students as well as discuss topical issues affecting Africa’s development.

The President in his address pointed out that Africa and for that matter, Ghana, cannot continue to travel this worn path of limited success of being exporters of raw materials. He explained that the problems of the continent require that we think outside the box, develop innovativeness and entrepreneurship spirit.

HE The President commented that an expanding economy should also mean an industrializing economy. The President further explained that unless we industrialize as a continent with the goal of adding value to our primary products, we cannot create the necessary numbers of good-paying jobs that will enhance the living standards of the mass of our people.

His Excellency Nana Addo Dankwa Akuffo-Addo also held a side-line of the event the African students and alumni of the London Business School.

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