Africa must produce and trade its way out of poverty and underdevelopment, according to Bawumia.

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Vice President Dr. Mahamudu Bawumia has stated that Africa requires smart investment in critical infrastructure.

Speaking at the official launch of the Africa Prosperity Dialogues on Thursday (26 January) at the Safari Valley Resort in Adukrom, Eastern Region, Bawumia said Africans must produce and trade their way out of poverty and underdevelopment.

“As a continent, we need to produce and trade our way out of poverty and underdevelopment, and we cannot do that without investing in smart infrastructure across the continent,” Dr Bawumia said.

He added “While the last decades have seen some positive investment, there is the need for additional resources to finance the arteries for trade, which include the physical infrastructure such as roads, rail and energy, digital infrastructure such as data centres and financial infrastructure to allow for integration of our financial markets.”

For his part, the Secretary-General of AfCFTA was speaking at the opening of the maiden Africa Prosperity Dialogues at the Safari Valley Resort in Adukrom in the Eastern Region.

He said, “It is really an honour for us to be part of this dialogue because we have an opportunity as Africans a positive narrative about the challenges that we confront.

“Indeed, I believe that Africa’s challenges are Africa’s opportunities,” he added.

 

 

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