Alan’s Made-In-Ghana Vision: A case study of Dzata Cement
By Terry Afram-Kumi Listen to article
If there was a “eureka” moment in fixing the economy post-covid, it came on the 10th of May 2021.
Alan Kyerematen, the industrious Minister of Trade & Industry paid a working visit to Dzata cement a wholly-owned Ghanaian cement producing company in Tema.
This $100 million state-of-the-art cement factory is wholly owned by Ibrahim Mahama, the former President s brother.
The Alan Factor and Industrialization :
The remarkable thing about the visit was that it started trending on social media sites similar to the fix the national trends.
The love for made by Ghanaians products was rekindled and this showed in the comments thousands of Ghanaians made with regards to Alan Kyerematen’s visit.
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Across Africa’s over 1.3 billion people likes an emerging economy in the west of Africa that not only as a whole has shown potential but also in its fintech space.
Ghana in recent memory has been a market to watch in terms of its economic development in the African continent as a whole. Beyond just recent memory, it has an interesting history. In Sub-Saharan Africa, Ghana was the first place where Europeans arrived to trade – which initially included gold and then later in slaves. According to the
United Nations Development Programme, it was also the first black African nation in the region to achieve independence from a colonial power (the United Kingdom) by declaring independence in 1957; later in 1960 it became an independent commonwealth with
Should Ghana Continue On Its Current Economic Trajectory
Time For Paradigm Shift In Ghana’s Economic Development Listen to article The world does not owe us a living. We cannot live by the begging bowl. Lee Kuan Yew.
According to the World Bank figures in 2018, Ghana generated $2.2 billion from cocoa export, $3.52 billion from Gold export, about $1.0 billion from oil and gas, $3.8 billion from foreign remittances ($4.7 billion when we add those from unofficial sources). This means that remittances alone were more than cocoa, gold and oil and gas and constitute about 70% of all the other three sectors combined.
In 2018, Malaysia received $ 16.1 billion from palm oil export and expects to more than triple it by 2023 from its expanded 6.5 million hectares of palm plantations.
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Across Africa’s over 1.3 billion people likes an emerging economy in the west of Africa that not only as a whole has shown potential but also in its fintech space.
Ghana in recent memory has been a market to watch in terms of its economic development in the African continent as a whole. Beyond just recent memory, it has an interesting history. In Sub-Saharan Africa, Ghana was the first place where Europeans arrived to trade – which initially included gold and then later in slaves. According to the
United Nations Development Programme, it was also the first black African nation in the region to achieve independence from a colonial power (the United Kingdom) by declaring independence in 1957; later in 1960 it became an independent commonwealth with