[ 2017-03-22 ]

President Akufo-Addo

Africa must use its resources to create prosperity – Nana Addo
President Akufo-Addo has reiterated his belief
that Ghana can develop local solutions to its many
problems and create prosperity for its citizens.

According to him, Ghana, like many other African
countries, is endowed with a lot of natural
resources that can help it develop.

Speaking at the 5th African CEO Summit in Geneva,
Switzerland, the President said Africa must use
its own programmes and analysis to devise a
strategy to get out of poverty.

“We are required to have our own programme, our
own analysis of how we can get out from poverty to
prosperity. Our country has enormous natural
resources, bauxite, iron ore. They remain untapped
and underdeveloped. I am exceptionally optimistic
about the future of Ghana because the resources
are there,” he said.

Akufo-Addo admitted that corruption is a major
challenge militating against the progress of the
continent, assuring that his government is
addressing it.

“We are taking the issue of corruption
head-on,” he told the business leaders.

He said his government aims to build an economy
that will not rely on aids and hand-outs from the
West, but will be self-reliant.

“We want to build economies that are
self-reliant, have the capacity to compete and
generate prosperity for our people…The attitude
of the government is to begin to take Ghana beyond
aid.”

He said African countries should not look to
external or western support to address their
issues of business competitiveness, productivity,
and stability of local currencies, but rather look
within and develop local solutions in that
regard.

He said in doing so, the continent will be able to
become a giant economic force in the world.

Source - citifmonline.com

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