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Former Ghana Chief Justice urges value-added industries to replace raw material exports.
Former Chief Justice Sophia Akuffo has urged Ghana to prioritize value addition in its economy, warning that exporting raw materials like gold and oil while importing finished goods hinders growth.
Speaking on Joy News, she highlighted past successes, such as the Tema Oil Refinery producing jet fuel and plastics, and a thriving domestic jewelry industry.
She stressed the need to develop local processing, skills, and infrastructure, citing Dubai’s gold trade as a contrast to Ghana’s underdeveloped market.
Akuffo called for an industrial reset, advocating for fair partnerships and structural reforms to boost jobs, exports, and economic independence.
El ex Jefe de Justicia de Ghana insta a las industrias de valor añadido a reemplazar las exportaciones de materias primas.