Connect with us

Hot!

Collaborate and work together to Improve Intra-African Trade -Osinbanjo to African Countries

Published

on

Prof. Oluyemi Oluleke Osinbajo, former Vice President of the Federal Republic of Nigeria has urged African countries to collaborate, work together to improve intra-African trade.

He said this could be done by building infrastructure that connect the countries both digitally and physically. 

He noted some of Africa’s accomplishments at the level of intra-African trade, stating that as much as 41 per cent of Africa’s machinery exports were traded within the continent. 

Prof. Osinbajo also noted that 35 per cent of biopharmaceutical products and 30 per cent of industrial chemicals were already being traded as a measure of intra-African trade. 

Advertisement

Speaking at the BOMA of Africa event on the sidelines of the Africa Union’s Mid-Year Coordinating Meeting held in Accra last Saturday, Prof. Osinbajo said it is in the best interest of Africa to improve trade among its member countries.

This year’s theme for BOMA of Africa, “From the Africa We Want to the Africa We Build,” encapsulates the essence of Africa’s journey. Through focused discussions on health, wealth creation, development financing, and governance, BOMA 2024 aimed to ignite new momentum towards realizing Africa’s continental aspirations. By spotlighting major projects and initiatives, the event aimed to foster a spirit of collaboration and determination.

Touching on Africa’s rich biodiversity, Prof. Osinbajo said the continent had high biodiversity reserves and the scale of natural capital to preverse centuries of ecological erosion and the unbridled carbon-laden industrialisation of yesterday. 

Noting that there is a wave of brain drain that has hit African countries, Prof. Yemi Osinbajo, who previously served as Attorney General of Lagos State from 1999 to 2007, said Africa must create an environment that rewards the talents of its people to prevent movement of African labour to other continents. 

Advertisement

“Labour is always going to find the place where it is best rewarded. Anywhere in the world, wherever labour is best rewarded, that’s where it’ll go. That’s why there are lots of movements all across the world. It’s, therefore, best for Africa to create the environment for rewarding talent,” Prof. Osinbajo said.

He said according to experts, as much as one quarter of the planet’s workforce was likely to be of African origin and of the youthful workforce in particular, as much as 42 per cent may be in Africa by 2050. 

“according to him, an energetic pool of youthful talent fortified with fast-advancing artificial intelligence and the geoengineering edge of a world that is desperately in need of a new economic growth paradigm is an edge that the rest of the world ignores at great risk.” 

“Integrate trade, digital transaction and work together to build a resilient, rich, prosperous economy and then people will stay and people will come from everywhere in the world to Africa. There’s no other solution,” he said. 

Advertisement

With regards to Africa’s health development readiness, Prof. Osinbajo noted that during the pandemic, Africa, through the collaboration of Panavirus and the Africa CDC, brokered by AfroChampions, built and deployed the world’s first vaccine passport. 

“The Panavirus platform digitally connected labs and hospital facilities, as well as pathogen genomic centres in 20 countries of Africa,” he added. 

AUDA-NEPAD and AfroChampions, alongside other strategic partners, have hosted the annual BOMA of Africa event during African Integration Week since 2019. This year’s BOMA was aligned with the AU Mid-Year Coordination Meeting, further cementing its significance on the continent’s commemorative calendar.

The BOMA of Africa has become a premier platform for showcasing the continent’s most inspirational achievements in unity and integration.

Advertisement

Convened at the highest level, the event aims to move beyond discussions to concrete actions, inspiring Africans across various fields such as science, technology, education, the creative arts, and entrepreneurship.

The 2024 BOMA of Africa is a strategic milestone on the path to achieving the Africa We Want. AUDA-NEPAD and AfroChampions reaffirm their unwavering commitment to the goals of Agenda 2063, setting a precedent for accountability, innovation, and unity across the continent.

Advertisement
Continue Reading
Advertisement

Hot!

Dennis Miracles Aboagye criticises NDC’s “no fee stress policy” implementation

Published

on

The spokesperson for Dr. Bawumia, Dennis Miracles Aboagye, has criticised the implementation of the NDC government’s No Fee Stress policy, arguing that the programme has failed to deliver on its core promise.

According to him on Starr fm, the policy, which was introduced to ensure stress free payment of fees for level 100 tertiary students, has rather turned into what he described as post stress support.

He explained that students are required to pay their fees first before applying for reimbursement, a situation he believes defeats the purpose of the policy.

He questioned claims by government officials that the policy has been successful and that citizens are happy.

Advertisement

In his view, such claims do not reflect the lived realities of many Ghanaians. He stressed that while some people may appear satisfied, many others continue to struggle.

Dennis Miracles Aboagye pointed to the situation of trained teachers and nurses who have been picketing for nearly six months, demanding employment.

He noted that government responses suggesting it cannot accommodate all of them contradict claims of economic stability.

He further argued that economic indicators such as a stable currency mean little to people who are unable to secure jobs or access promised support.

Advertisement

He observed that telling an unemployed teacher or a struggling student that the cedi has strengthened does not address their immediate challenges.

On the issue of tertiary education, he maintained that no level 100 student benefited from stress free fees in 2025, despite the policy being announced.

He added that in 2026, students have already reported to school without receiving the promised support.

He insisted that asking students to pay fees first and seek reimbursement later amounts to support after hardship, not stress free education.

Advertisement

According to him, this approach goes against what was promised during the policy announcement.

Dennis Miracles Aboagye questioned why a government that presents the economy as strong is unable to fulfil what he described as simple and clear promises.

He added that there is a fundamental problem with the way the economy is being managed and indicated that he is prepared to explain his position further.

By: Jacob Aggrey

Advertisement
Continue Reading

Hot!

Shatta Wale speaks out after apology from media commentator

Published

on

Dancehall musician Shatta Wale has issued a strong public statement calling for an end to what he describes as continuous attacks on his brand, following an apology from media commentator Awal Mohammed.

In the statement, Shatta Wale acknowledged the apology but stressed that persistent criticism and what he sees as deliberate attempts to damage his image must stop.

He noted that for many years, he has spoken for the streets, the youth, and people who feel ignored by society, while also promoting Ghana on the global stage and creating jobs through his work.

He expressed concern that some media personalities, commentators, and influential figures continue to target his name unfairly.

Advertisement

According to him, the issue goes beyond music and touches on respect, fairness, and national maturity.

The musician warned that continued disrespect toward voices that represent ordinary people could have wider consequences.

He emphasised that the Shatta Movement remains strong and organized, and that the patience of the masses should not be taken for granted.

He added that if systems continue to fail the people, they have the ability to organize politically through numbers and truth, not violence or hate.

Advertisement

Shatta Wale clarified that his message was not a threat but a reminder of reality, stressing that attacking a symbol that represents millions of people can have social, cultural, and democratic effects.

He called for respect, fairness, and unity, saying the voice of the people will always rise.

The statement comes after Awal Mohammed recently described Shatta Wale fans during a public discussion as junkies.

The comments triggered backlash from fans of the musician, prompting Awal to later issue an apology.

Advertisement

By: Jacob Aggrey

Continue Reading
Advertisement

Trending