Value addition can accelerate economic recovery CWEIC Chairman urges

• Published date: 10 February 2023
• Publication title: Business and Financial Times

The Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), Lord Marland, has advised the country to accelerate efforts at adding value to its produce.He said value addition and processing are fundamental issues that the country must address in its effort to harness trade and speed up economic recovery in the face of the ongoing crisis.

Doing this, will also change the narrative from heavy reliance on imports to self-dependence."The way out for Ghana is the way out for every country's growth investing in trade and I am very encouraged with what I have seen.

Processing produce here and not just exporting and then bringing imports back as refined products but involving in the whole process to create employment and prosperity is key," Mr. Marland, who is on a working visit, told the BandFT in Accra.

The CWEIC boss noted that as more countries across the world ease restrictions, paving the way for people to travel outside their countries again, there is the need to build and strengthen capacity to leverage...