President John Dramani Mahama, has opened the third Ghana-EU Enterprise Discussion board urging donors, traders, and business leaders to harness the untapped potential of key worth chains to drive sustainable and inclusive financial development.
Organized by the European Union and the Authorities of Ghana beneath the theme “Fostering Funding in excessive development potential Worth Chains beneath the EU World Gateway Technique,” the Discussion board reaffirmed the shared dedication to diversifying commerce and funding past conventional sectors. The occasion aligns with the EU’s World Gateway Technique, which prioritizes inexperienced, digital, and inclusive growth partnerships worldwide.
In his keynote tackle, President Mahama emphasised Ghana’s readiness to pivot towards revolutionary sectors:
“Ghana is ripe for innovation. Once we prioritize investments in non-traditional sectors, we harness the expertise of our youth, create jobs, and construct resilience in opposition to international financial shocks. The EU’s World Gateway Technique aligns completely with our nationwide imaginative and prescient beneath the ‘BIG PUSH,’ making certain development that advantages all Ghanaians.”
EU Deputy Director-Basic for Worldwide Partnerships, Ms. Myriam Ferran, underscored the urgency of collaboration in crucial sectors:
“This 12 months’s theme resonates profoundly in our international context. We are going to deal with agribusiness, pharmaceutical/well being, and power—three sectors central to societal well-being. By strengthening these worth chains, we improve strategic autonomy whereas fostering connections between Ghana and Europe.”
Throughout the occasion, the European Union unveiled transformative initiatives to bolster Ghana’s economic system:
1. BETTER FARMING in Northern Ghana to spice up the transition in direction of a sustainable and climate-resilient agriculture. With €19.5 million (co-funded by France and applied by AFD), the initiative focuses on shea, soya, greens, and beekeeping worth chains within the Northern, Higher West, Higher East, Savannah, and North East areas.
2. Inexperienced, Digital, and Inclusive Personal Sector Growth to foster a greener, digitalized, and inclusive non-public sector (together with artistic industries, healthcare, and prescribed drugs). With €17.3M (co-funded by the Netherlands and France) and co-implemented by RVO, Experience France, UNCDF, the mission has a deal with Northern Ghana (Tamale).
3. Workforce Europe Initiative – Investing in Younger Companies in Africa (IYBA) to assist early-stage companies and younger entrepreneurs, notably ladies, with monetary and
technical assets. The mission covers 9 African international locations with €4 billion for Sub-Saharan Africa, together with Ghana.
4. AgriFI – Ghana Nation Window to strengthen agribusiness worth chains, set up six fulfilment centres (aggregation, high quality management, logistics) and develop digital platforms with €2.23 million mortgage through EU and EDFI Administration Firm for Full Farmer (agritech agency).
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