Ghana wants to transform its cocoa into chocolate itself, announces President Nana Akufo-Addo in Switzerland

During a state visit to Switzerland at the beginning of March 2021, Ghanaian President Nana Akufo-Addo did not fail in good diplomatic practice, beginning his speech with strong thanks to the Swiss authorities, in particular for the assistance that Switzerland provided to Ghana in 2014, “which made it possible to prevent the country from registering a single case of Ebola, which unfortunately devastated certain neighboring countries in West Africa. “

But he also made it very clear that “Ghana no longer wants to depend on the production and export of raw materials, including cocoa beans. We intend to process more and more our cocoa in our country with the aim of producing more chocolate. Because we believe that there can be no future prosperity for the Ghanaian people in the short, medium or long term, if we continue to maintain economic structures that depend on the production and export of raw materials. We intend to add value to our raw materials, industrialize and improve agricultural productivity. “

Then referring to the economic reforms deployed over the past three years – facilitation of FDI, monetary stabilization, reduction in the cost of credit, reduction of taxes, etc. – the Ghanaian President estimated that “these interventions have made it possible to record an average annual growth rate GDP growth rate of 7% since 2017, making us one of the fastest growing economies in the world during the period. “

Ghana is to date Switzerland’s largest trading partner in sub-Saharan Africa, mainly through the export of gold and cocoa, and the import of chemicals and pharmaceuticals, as well as light machinery and equipment. Swiss military.

Link to the video of the speech:

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