His Royal Majesty King Tackie Tsuru II, Ga Mantse urged business owners and operators to take advantage of the opportunities presented by the Homowo festival to build business partnerships and synergies.
He urged entrepreneurs to take the opportunity to share their knowledge and build their capacity to penetrate the intra-continental market through the African Continental Free Trade Area (AfCFTA).
King Tackie Tsuru II said this on the first day of the two-day business summit titled: “Mantse Amugi Business Africa 2022”, organized by the Ga Mantse Palace Office in conjunction with the Accra Metropolitan Assembly to mark the celebration of Homowo this year. .
The summit allowed small and medium-sized businesses to exhibit their products on the forecourt of the Assembly.
The event brought together business owners and operators, traders, producers and manufacturers.
Others were traditional leaders, government officials and AfCFTA officials, including Mr. Wamkele Mene, Secretary General of the AfCFTA.
The King stressed the importance of partnerships in business and urged young entrepreneurs to pool their resources to enter the international market
“My friend and I started a business with just 1 GHC and about three years in the business, we were earning about 300,000 GHC every month,” he said.
“We had about 400 workers all over Ghana and that’s why I say it’s important for some of us to take the AfCFTA seriously.”
He also called for the celebration to be used as a tool for reconciliation and support for the needy.
Madam Elizabeth Kwatsoe Tawiah Sackey, Mayor of Accra, said in her welcome speech that the business forum could showcase new ideas and urged participants to embrace it and tap into each other’s expertise.
She said it was time to consolidate businesses and petty trade to impact the lives of families, communities and Ghana as a whole taking into account the twists and turns in the business environment.
Mr. Mene, said the Secretariat was committed to positioning Ghana and Accra as the commercial and commercial center of the African continent.
He said small and medium enterprises (SMEs) and young investors in Accra should take advantage of the agreement and penetrate beyond the ECOWAS market.
“…And so your deliberations today must be focused on strategies to benefit from the AfCFTA where we trade more among ourselves with a population of approximately 1.3 billion people and a combined GDP of 3, $4 trillion,” Mr. Mene said.