The Government of Ghana is committed to ensuring that the industrialization agenda set by the President Nana Akufo-Addo is achieved in order to move the economy from a raw material exporter to a value addition one. These remarks were made by the National Coordinator for the One District One Factory(1D1F), Mrs Gifty Ohene-Konadu at the opening ceremony of a two day international conference on technology and entrepreneurship at the Ghana Telecom University College(GTUC) in Accra.
She said that the policies put in place by government will not only increase revenue, Gross Domestic Product (GDP) and stabilize the Cedi but will also create an enabling environment for local entrepreneurs in order to create jobs to boost the country's fortunes.
She emphasized that the industrialization agenda, however, cannot be achieved without technology. She pointed out the role of technology in business processes, the improvement of agriculture and so on.
"Technology should make entrepreneurs more profitable and result driven" she stated.
Mrs Ohene-Konadu said that the Vice President, Mahamadu Bawumia's digitization agenda which resulted in the introduction of Paperless Port System, Mobile Money interoperability and Digital Address System is an indication of the relevance government attaches to technological development.
She charged the GTUC to create technologies that will support the implementation of the 1D1F. She also urged research into agriculture in order to improve cultivation and storage as well as reduce post harvest losses.
In his keynote address, Professor Akbar Saeed, Director, Tshepo Institute for the Study of Contemporary Africa, Wilfred Laurier Univeristy in Waterloo, Canada said that it is necessary for big multi-national companies to consider 'intrapreneurship' when looking at entrepreneurship because they have the needed funds to generate and implement new innovative ideas.
He took participants through his research on Promoting Entrepreneurship Through Technology and Education.
He disclosed that entrepreneurship is one of the best ways to reduce poverty. He said that many countries in Sub-Saharan Africa and India are facing extreme poverty living on less than USD1.25 per day.
He said it is important to look at countries in the Asia-Pacific areas like China which have managed to overturn their poverty ratio. He said that China has over the last 30 years, moved from about a 100 million people in the poverty gap in 2012 to about 6.6million in 2019 with policies in place to totally eliminate it by 2020.
Professor Akbar said that the role of entrepreneurship in achieving the Sustainable Development Goals (SDGs) is needed.
The Acting President of GTUC, Professor Emmanuel Ohene Afoakwa who chaired the event said that the conference has been organised with the aim of gathering an audience with an inter-disciplinary background in order to explore the process of creativity and innovation.
He noted that the role of education in developing countries cannot be overlooked saying "it is an important medium of acquiring skills and knowledge. It brings positive changes in human life and enhances the knowledge, skill and intelligence of a people while enabling them to lead a successful life".
He said that the GTUC was very happy to offer the platform that brings together all stakeholders to rethink policies in the areas of education, technology and entrepreneurship.
He added that these three key areas will not only solve the country's problems but will provide cutting edge ideas and solutions that will promote development.
The Vice President of the University, Professor Issac Abeku Blankson, said that the conference will involve the presentation of about 45 research papers from various academics and researchers both locally and internationally. It will also involve a special session for students to discuss topics such as thesis writing.