Implementation of AfCFTA to generate jobs for Ghanaian youth

Africa’s Bright Economic Future Is Its Youth
Africa’s Bright Economic Future Is Its Youth

The government of Ghana expects the implementation of the African Continental Free Trade Area (AfCFTA) to generate many job opportunities for the teeming youth in the West African country, a government official said here on Tuesday.

In an interview with Xinhua, Yoofi Grant, CEO of the Ghana Investment Promotion Centre (GIPC), said Ghana was preparing the youth through entrepreneurial training to help them take full advantage of intra-African trade opportunities.

According to him, Ghana has laid the right foundation through an entrepreneurial plan which will act as an incubator to help the youth with start-up capitals for their businesses.

Grant was of the view that, with 60 percent of the African population being youthful and below 35 years, the continent had no option than to take full advantage of AfCFTA to grow its economy.

Commenting on how Ghana could generate maximum revenue from jobs created through the program, he explained that the country would benefit from youth businesses and use such proceeds to satisfy developmental needs.

He further said Ghana had positioned itself for more Foreign Direct Investment (FDI) for businesses to generate more jobs and more taxes for the country.

Grant said Ghana was targeting a billion-dollar investment which would have a direct impact on the nation’s Gross Domestic Product. Enditem

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