By Ebi Kesiena
A flagbearer hopeful of the New Patriotic Party (NPP), Dr Owusu Afriyie Akoto, has told world leaders and captains of industry to divert a chunk of their investments into Ghana and Africa’s agricultural sector for good returns.
According to him, Ghana and Africa are the world’s biggest hope for global food security by 2050, hence an investment in the continent’s agricultural sector was the surest bet one could ever make on investment.
While assuring investors of Ghana and the rest of Africa’s readiness to provide them with the conducive and enabling environment for their investment Akoto added that the continent is ready to receive investment in this era of its agricultural transformation.
Delivering a keynote address as the special guest of honour at the African Investors Council Forum in Turkey on Tuesday, under the theme ‘Agricultural Development and Investment Opportunities in Africa (Ghana as a case study)’, Dr Akoto said Ghana and Africa possessed the greatest potentials to feeding 9.7 billion people globally by 2050.
According to Dr Akoto, despite the impacts of COVID-19 and climate change on agricultural production as well as political unrest across the continent, macroeconomic instability, and the raging debt crisis that many African governments face, the agricultural sector offered immense and significant opportunities for transforming Africa’s economy from a net importer of food to the provider of food to the rest of the world.
Zeroing in on Ghana as the best destination of choice for investors, the former Food and Agricultural Minister highlighted the strong foundation he has laid for the West African nation’s agricultural sector, combining policies with regulations to achieve sustained rapid economic growth.
