25.2 C
Accra
Monday, July 8, 2024
BusinessAdopt strategies to transform Ghana's economy – Dr K.Y Amoako

Date:

Adopt strategies to transform Ghana’s economy – Dr K.Y Amoako

spot_img

The President and Founder of the African Centre for Economic Transformation (ACET), Dr. K.Y Amoako, has urged the government to undertake proactive measures and implement comprehensive strategies aimed at driving the transformation of the Ghanaian economy.

He said the next two and a half decades between 2025 and 2050 would remain critical moments for the transformation of Ghana.

- Advertisement -

Dr Amoako, who made the observation in Accra on Wednes­day during the 5th Made in Africa Leadership conference, a Pan-Af­rican leadership enhancement con­ference for African leaders, said 2025 would mark the beginning of the second quarter of the 21st century and the period the new government would assume power in the country.

The two-day event, organised by the Breakfast Club Africa (BCA) Leadership on the theme ‘Making Africa work for Africans: collaborations and partnerships’, was attended by Chief Executive Officers, Managing Directors, and captains of industry from about 19 countries.

- Advertisement -

Dr Amoako, who had worked with the World Bank and United Nations for several decades, said Ghana had achieved a lot and was a champion of Pan-Africanism and integration of Africa.

However, he said there was much to be done to address poverty and promote the so­cio-economic development of the country.

- Advertisement -

Dr Amoako said in line with the development agenda of Ghana for the next 25 years, the ACET had developed a programme to seek the inputs of the various political parties and stakeholders on the social, political, and economic policies of the country.

Dubbed Compact with Ghana, Dr Amoako said the programme was to engage the various political actors and stakeholders to seek their views on policies for the development of the country.

Dr Amoako said his vision for a united and prosperous Africa would require an economic, social, and political transformation of African economies.

He called for effective and transformative leadership to promote the development of the African continent.

The Board Chairperson of the BCA Leadership, Madam Charity Chanda Lumpa, who spoke on leadership, said it was critical for the development of Africa, saying effective leadership required resil­ience and adaptation.

She said leaders should not be autocratic and should have the ability to understand and be empa­thetic to the emotions and needs of their subordinates.

Latest stories

My appointees will be barred from buying state assets – Mahama

The flagbearer of the National Democratic Congress (NDC), John...

Communicate properly although you take your job seriously – Franklin Cudjoe tells NAPO

Founder and president of IMANI Africa, Franklin Cudjoe, has...

It’s been 10 years since I heard from Shatta Wale – Mother

The mother of Ghanaian dancehall artist Charles Nii Armah...

Gyan, Bawumia launch All Regional Games at Baba Yara stadium

On Saturday, July 6, 2024, former Ghana international Asamoah...

Maid caught on CCTV urinating into employer’s cup

A viral CCTV video has captured a disturbing incident...

Related stories

Ghana partners Chinese company to build $450m manganese refinery

CEO of the Minerals Commission, Martin Ayisi, has announced...

First phase of Boankra Inland Port sees 40% completion

About 40% of the initial phase of the $308...

Accra to host first Electric Revolution Africa E-mobility conference

Ghana is set to host the inaugural Electric Revolution...

Prices of gari go up due to cassava shortage

The gari market in Koforidua is grappling with a...

World Bank supports COCOBOD with US$100m to rehabilitate cocoa farms

The Ghana Cocoa Board (COCOBOD) has secured a US$100...

Idea of a common currency has been overtaken by digital payment age – Bawumia

Vice President of Ghana, Dr. Mahamudu Bawumia, has called...

Ghanaians to utilize 4G as primary source of mobile phone connectivity by 2033 – Report

4G networks are projected to remain the primary connectivity...