At the opening of the Ghana Industrial Summit and Exhibition GISE24, our CEO, Dode Seidu moderated the panel discussion on “Promoting Value Chains for Competitive Industrial Development.
Panelist were:
♨️ Michael Akurang Opoku , Head Policy Planning Monitoring and Evaluation of the Ministry of Trade and Industry, spoke on Policy and Regulatory Frameworks on ValueChains
♨️ Dr. Fareed Kwesi Arthur, Coordinator, National AfCFTA Coordination Office, spoke on Regional Integration and Value Chains
♨️ Dr. David Ofosu-Dorte, Executive Chairman, AB David and Law, spoke on a Blue Ocean Approach to Value Chain Development
♨️ Denis Brown, Deloitte , spoke on Global Value Chains Dynamics
Key takeaways
1️⃣ Ghana has so many hashtag#products for which the value chains must be developed. Strengthening domestic value chains is very important for integrating into regional value chains.
2️⃣ Policy formulation and coordination are critical enablers of value chain development
3️⃣ A blue ocean strategy is important for identifying value chains where the country has country has competitive advantages and competition is low.
4️⃣ Effective national and regional value chains depend on efficient supply chain systems.
5️⃣ Businesses need to improve their competitiveness in price, quality, skills and culture to be able to effectively participate and benefit from value chain development.
6️⃣ The business sector should collaborate to improve regulatory frameworks and coordination for value chain development
7️⃣ There is the need to connect research and development, industry requirements and market opportunities.
