Ghana’s Vice-President Dr Mahamudu Bawumia on Thursday January 26, 2023, highlighted
three areas African countries must prioritize in order to accelerate industrialization on the
continent.
Dr. Bawumia has urged Africans to take bold steps to reduce poverty in other to leapfrog Africa’s industrialization.
At the official opening of the Africa Prosperity Dialogues at the Safari Valley Resort in
Adukrom, Dr. Bawumia amongst the three areas stated that we as Africans must create a
platform for knowledge brokerage and access to information on critical product and services if we want to advance Africa’s industrialization and the enormous socio-economic benefits.
“We must create platforms for knowledge brokerage and access to information on critical
products and services on the continent to allow 445 million small businesses across the
continent to plug into the value chains of these mega industries. We need to develop Africa into a manufacturing zone that will facilitate the trade of value-added products. These, in my view, will be critical to leapfrog Africa’s industrialization and the enormous socio-economic benefits”,
Dr. Bawumia said.
The Africa Prosperity Dialogues are symbolically dubbed the Kwahu Summit because the
Kwahu people of Ghana, the host nation, represent entrepreneurship and trade and are known to support each other to excel in business.
The Kwahu Traditional Area is also the highest habitable elevation in Ghana.
The organisers of the Kwahu Summit aim to support, by building enhanced intra-African trade,
the elevation of Africa and her people to the highest summit of human living, dignity and
prosperity.
The 2023 Africa Prosperity Dialogues are the first edition of what will be an annual event. The
Dialogues are organised by the Africa Prosperity Network (APN) and partners which include the African Continental Free Trade Area (AfCFTA) Secretariat, sited in Ghana, the Presidency of the Republic of Ghana.
Other partners are the United Nations Development Programme (Africa), the Africa Prosperity
Fund, the Ghana Investment Promotion Centre (GIPC), the Economic Commission for Africa
(ECA) and the Africa-America Institute.
The summit will bring into practical focus the continent’s critical challenges and industrialisation priorities and advance aggressively the commercial and infrastructural interventions to achieve the vision of creating the largest single market in the world, with roughly 1.4 billion Africans.
