Ghananian President Nana Akufo-Addo has urged African
countries to invest in human capital value addition by
creating an education system that shapes a well-skilled
workforce which can compete favourably in the global
economy.
And President Akufo-Addo has called for industrialisation of
African economies by promoting value addition to raw
materials to attain prosperity.
Speaking when he officially opened the 53rd Zambia
International Trade Fair (ZITF) yesterday, the Ghanaian
leader said Africa needs an education system that can
impart skills to citizens for them to realise their full
potential.
“Our economies are not structured to meet the needs of our
people. What Africa needs above all is value addition, and
this can start by adding value to human capital through an
education system that provides every child with a skill to
realise their full potential.
“This is why on my part I made education as one of the
foundations of my vision to build a knowledge-based
industrialised economy. Access to free universal quality
education is the key to participate in the new global
economy,” he said.
This year’s ZITF is being held under the theme ‘Innovation
and Industrialisation’.
And President Akufo-Addo has said raw material producing
countries need to promote value addition to their products
for them to achieve economic prosperity and improved
living standards of citizens.
“Raw material producing economies do not create
prosperity for their people, the way to prosperity is by
ensuring access to value addition,” he said.
He said it is for this reason that every district in Ghana has a
factory to promote value addition.
President Akufo-Addo said through the public-private
partnership initiative, his country has successfully
established enterprises to ensure that it does not become a
retailer of cheap imports.
Meanwhile, President Akufo-Addo said successful leaders
are innovative and invest in new ideas that can stimulate
economic development.
He said leaders must be focused on providing a better
future for their citizens.
The visiting President commended ZITF organising
committee for successfully hosting this year’s show.
ZITF board chairperson Jane Kabwela appealed to
Government to consider improving the infrastructure at the
trade fair venue.
Ms Kabwela said the construction of the Copperbelt
International Airport will attract various businesses to the
province, hence the need to improve infrastructure at the
trade fair grounds.
She said the trade fair has continued to grow over the past
few years with more than 600 exhibitors participating at this
year’s event compared to 400 that took part in last year’s
fair.
Earlier, President Lungu and President Akufo-Addo attended
a luncheon at Mukuba Hotel sponsored by the National
Road Fund Agency and Zesco.
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