By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Energy Minister cuts sod for Anwomaso-Ahodwo GRIDCo transmission project in Kumasi
    July 8, 2025
    Azumah Resources acquisition: Claims of political influence false, agreement reached in 2023 – E&P
    July 8, 2025
    Mahama holds fire on Chief Justice decision, awaits probe committee report
    July 8, 2025
    Ghana’s gold now powers cedi stability – President Mahama
    July 8, 2025
    No licence, no gold: Mahama warns traders and foreigners alike
    July 8, 2025
  • Business
    BusinessShow More
    Ghana’s gold now powers cedi stability – President Mahama
    July 8, 2025
    VRA sets the benchmark in African public procurement
    July 8, 2025
    IMF Executive Board approves $370 million disbursement for Ghana
    July 7, 2025
    From Nima to the World: Lord Ibrahim Sani’s Billion-Dollar Vision for Africa
    July 7, 2025
    DVLA begins 24-hour service at Tema and Takoradi Ports
    July 4, 2025
  • Politics
    PoliticsShow More
    Azumah Resources acquisition: Claims of political influence false, agreement reached in 2023 – E&P
    July 8, 2025
    Mahama holds fire on Chief Justice decision, awaits probe committee report
    July 8, 2025
    Mahama vows swift action against misconduct in GoldBod Task Force
    July 8, 2025
    Chief Justice Torkornoo has sued government at ECOWAS Court – Deputy AG
    July 8, 2025
    EC’s bizarre decision undermines democracy – Ishaq Ibrahim
    July 8, 2025
  • Entertainment
    EntertainmentShow More
    I took a pause to gather strength- Kwesi Slay
    July 8, 2025
    Kinaata questions TGMA credibility over ‘Record of the Year’ snub
    July 7, 2025
    Ghana grows movie premiere ignites new thinking among youth in Ashaiman
    July 7, 2025
    “I will feature Sarkodie at the right time” – Kofi Kinaata
    July 6, 2025
    Cultural Heritage: Preserving what cannot be stored
    June 29, 2025
  • Sports
    SportsShow More
    Agbodza: Mahama’s Big Push Agenda kicks off this month
    July 8, 2025
    Julius Debrah backs Mahama’s vision to develop grassroots sports talent
    July 8, 2025
    Black Queens fall to South Africa in WAFCON 2024 opener
    July 8, 2025
    Investment made on Borteyman Complex land is wasted – Sports Minister
    July 7, 2025
    Ghana Esports League officially launched to elevate competitive gaming
    July 6, 2025
  • Technology
    TechnologyShow More
    Real Quantum Dot Technology in Samsung QLED TVs
    June 29, 2025
    GCAA and South Korea sign deal to advance Ghana’s Drone sector
    June 25, 2025
    Onafriq, PAPSS partner to launch cross-border payment services in Ghana 
    June 20, 2025
    Yellow Card, Visa partner to accelerate stablecoin adoption across emerging economies
    June 19, 2025
    Samsung takes Galaxy Z Series to a new era
    June 18, 2025
  • International
    InternationalShow More
    The end of USAID is not catastrophic for Africa – Dr. Brian Reuben
    July 8, 2025
    Mahama underscores strong Ghana-Germany partnership
    July 8, 2025
    Pure Earth president to lead delegation to Ghana for pollution mitigation mission
    July 7, 2025
    Liverpool’s Diogo Jota dies in car crash in Spain
    July 3, 2025
    Indian Prime Minister conferred with Ghana’s highest national honor
    July 3, 2025
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Akufo-Addo, African leaders commit to inclusive, job-creating economies
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessEditors PickInternational

Akufo-Addo, African leaders commit to inclusive, job-creating economies

Starrfm.com.gh By Starrfm.com.gh Published January 15, 2017
Share
SHARE

The President of the Republic, Nana Addo Dankwa Akufo-Addo, together with Heads of State and Governments from some 30 African countries, have committed themselves towards ensuring that economic growth in their respective countries would lead to a more “inclusive economy”, which will create jobs for the youth in the coming years.

In a communiqué issued on Saturday, January 14, 2017, at the end of the 27th Africa-France Summit held in Bamako, Mali, the Heads of State agreed to the realisation of this commitment within the framework of the International Sustainable Development Agenda – the Addis Ababa Action Agenda on Financing for Development, the United Nations Sustainable Development Goals, the Paris Agreement on climate change and the African Union’s Agenda, 2063.

Group photograph of the African leaders at the Summit

With French President, François Hollande, in attendance, development assistance amounting to 20 billion euros to participating countries, by 2018, was also pledged by the French government.

To this end, the Heads of State and Governments indicated that education and vocational training would be high priorities, as these will improve “human development and the integration of young Africans in the labour market.”

They, therefore, agreed to strengthen the management of education systems on the continent by focusing on quality, particularly by putting in place efficient training and assessment policies, as well promoting top-quality vocational training.

An appeal was made to ‘international partners’ to increase their support for the sectors of education and vocational training in Africa, and also for consideration to be given to modern, accessible and vocational content, which meet the needs of the labour market.

Nana Addo at the Summit
Nana Addo at the Summit

The communiqué also stressed the importance of mobility and the movement of skills on the continent, in order to encourage economic dynamism and innovation. In addition, the importance of innovation and digitization to encourage the diversification of economies was highlighted.

Participating countries at the Summit also pledged to support incentive-based policies to facilitate innovation, including incubator and acceleration programmes for startups and clusters, as well as access to finance and investment capitals.

“They (Heads of State) will try to increase links between the private and public sectors in order to speed up the digital transition of economies.”

Recognizing the special contribution of the health sector to the creation of jobs, economic growth and achieving sustainable and inclusive development, participating countries agreed on the need to invest in health, which, in their opinion, is a “profitable and high-growth economic sector which is a factor for stability and a driver of employment.”

As investments in Africa are essential to the emergence of the continent, the Heads of State decided to step up their efforts to allow access to finance for companies wishing to invest in Africa. In line with its commitments, France has already granted 11 billion euros of guarantees for African business. They welcomed the efforts made to improve the business climate and urged that more reforms take place in that area.

The Heads of State present called for the renewal of an ambitious and modernized partnership between the European Union and the African, Carribean and Pacific countries (ACP) so as to promote shared values, meet the challenges of sustainable development, increasing mutually beneficial trade and tackling challenges in the spirit of solidarity.

Improving Regional Security

On the matter of security in West Africa, the Heads of State resolved to develop joint border patrols in the fight against Boko Haram, with France pledging to continue supporting the operationalisation of the Africa Standby Force.

After the Summit
After the Summit

In order to provide African peacekeeping operations with sustainable and predictable sources of funding, the Heads of State gathered welcomed the AU’s decision to find a sustainable financing mechanism for the Peace Fund. They also welcomed the EU’s contribution to the financing of these operations and recalled the need to diversify international support.

The communiqué also called for an urgent reform in the United Nations and in its Security Council, through the enlargement of its membership in both categories, with a greater African presence, especially amongst its permanent members, so as to make the Council more representative of today’s world.

In this regard, the Heads of State and Governments stressed the key role of the African peace and security architecture in preventing, managing and settling conflicts, and, thus, called for more support.

President Akufo-Addo was accompanied by the 1st Lady, Mrs Rebecca Akufo-Addo; Minister-Designate for Foreign Affairs, Hon. Shirley Ayorkor Botchway; Minister-Designate for National Security, Hon. Albert Kan Dapaah; acting Secretary to the President, Nana Bediatuo Asante; acting Deputy Chief of Staff, Francis Asenso Boakye; acting Director of State Protocol, Ambassador Hassan Ahmed and acting Director of Communications, Eugene Arhin.

You Might Also Like

The end of USAID is not catastrophic for Africa – Dr. Brian Reuben

Ghana’s gold now powers cedi stability – President Mahama

VRA sets the benchmark in African public procurement

Mahama underscores strong Ghana-Germany partnership

IMF Executive Board approves $370 million disbursement for Ghana

TAGGED:AfricaAkufo-Addojob
Share This Article
Facebook Twitter Email Print
Share
Previous Article Akufo-Addo laughs off plagiarism gaffe
Next Article Ed Sheeran reveals ‘shocking’ experience in Ghana

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?