Friday, 9 September 2022

Ghanafuo: How can we have a strong currency?

Absolutely, old chap, you are spot on about cutting-edge-solutions to our national economy's challenges: Yes,  if only our nation's hard-of-hearing ruling-elites would get it, that by incentivising innovators such as   Apostle Kojo Sarfo, for example - to use Ghana Export Import Bank funding to build three mega-factories to produce his marvellous organic foliar growth medium, and his natural pesticides (in mega-factories based  in  southern Ghana, another in the central part of our  country, and the other  in the north), we could actually transform Ghanaian agriculture into a 100 percent organic sector, which contributes to the health and overall well-being, of all Ghanaians.

Trouble is, precious few in our homeland Ghana can see the big-picture-linkages that could exponentially grow our nascent green economy's positive contribution to our GDP,  and strengthen what is a Ghana cedi, now in junk-currency-territory (to our detriment economically), sadly.

Take the cocoa industry for example. One of that critical sector's big-pictures: Why do we not aim to become the world's leading producer of organic cocoa beans, and use that to strike win-win deals with the biggest supermarket chains from the US, Canada, Europe and Asia, to partner cocoa farmers and the COCOBOD,  to add value to cocoa, by manufacturing own-brand  chocolates and other cocoa products, I ask, Naa?

Will that not create wealth that remains locally, and generate meaningful and fulfilling jobs galore, for our younger generations?

Yet another example of positive agrisector big-picture-linkages: Replicating nationwide, the brilliant social impact agripreneur, Issa Ouedraogo's (a genius who is the visionary-founder and 100 percent owner, of the social impact agribusiness, B-BOVID Farms Limited's) empowering climate change resilience smart organic farming initiative.

Issa's organic climate  smart farming model, is designed to guarantee food security, empower  value-chain smallholder farmer-stakeholders to bootstrap their way out of the brutish-hellish-trap of extreme poverty, successfully, to a life of financial independence,   and, also create wealth that remains locally, ditto generate meaningful and fulfilling jobs galore, across the landmass of the entire sovereign territory  of the Republic of  Ghana.    

Furthermore, now that the Precious Minerals Marketing Company Limited (PMMC), has finally partnered a private sector investor,  to build a gold refinery plant,  in Ghana, why do we not execute the big-picture-strategy, of linking that positive development,  to the outbound tourism markets of Asia (the vast majority of whose citizens are passionate about investing in gold),  by marketing Ghana as the beautiful and welcoming  African  gold coast  destination, where they can legally buy credit-card-sized gold bars, and gold coins with Adinkra symbols embossed on them, plus traditional-styled jewellery, I ask, Naa?
 

The question to ponder over is: Has the time not  now come for Ghanaians to understand clearly, that governments-of-the-day, cannot, and must not, continue to pretend to be creators of jobs, koraaa, anaaa? Haaba.
 

Our  hard-of-hearing ruling-elites ought to rather focus on making the private sector the post pandemic era's green economic-pillar, underpinning Ghana's transformation into an equitable and prosperous nation - by regularly   consulting the leading innovative players,  in the private sector, about removing all the bottlenecks preventing them from expanding their businesses, in resilient-fashion: in a world now being impacted by both climate change and worldwide pandemics: something that ought to be obvious, to all Ghanafuo, but isn't,  unfortunately.

Above all, as a wise and aspirational African people, we must end our love of imported goods - and ban all foreign goods that have better quality Ghanaian made substitutes.  Simple.

That, and taking advantage of the tremendous goodwill for Ghana (because of Nkrumah's commitment to the continent while in power), to leverage the African Continental Free Trade Area market (AfCFTA),  is how  we will definitely have a strong currency, oooo, Ghanafuo. Full stop. Yoooooo...


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