pdf version.qxd - Africa Diaspora Investment Week
pdf version.qxd - Africa Diaspora Investment Week
pdf version.qxd - Africa Diaspora Investment Week
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are so enthused about this and even wants to do more. Taken into consideration that the village population is about<br />
380, when we cultivate fully we will be in the position to employ about a quarter of the population.<br />
The concerns and Interest showed by the Chief and Elders of the Village has been very phenomenal. The young,<br />
dynamic and energetic Chief of Simbrofo, who himself, has traveled and lived in most countries in Europe (France,<br />
Germany, Italy, Switzerland etc) was so enthusiastic about the interest my group showed in acquiring a plot of land<br />
for farming in his village. They exhibited this initiative with pomp and pageantry before the commencement of the farm<br />
project and I am proud to say the Chief and his elders have pledged their full support for the success of the farm<br />
project.<br />
W e envisage the project to be a long term one and therefore have some future plans:<br />
n The remaining 150 acres will be cultivated within the next 2 farming seasons. This will invariably necessitate<br />
an increase in inputs (labour, machinery, chemicals etc)<br />
n The proceeds that will be realized from the first 50 acres will be ploughed back in the our expansion work<br />
n W e will embark on further training of the farm management to meet the challenges that may confront us<br />
n An attempt will be made to cultivate all year round and hence resort to irrigation. This, no doubt, is a<br />
capital intensive venture but we believe we can surmount this hurdle when all stake holders in this project assist<br />
Since Attaining independence many <strong>Africa</strong>n countries as well as the World Bank have tried in various ways in<br />
developing the continent but unfortunately all have proved futile due to reason best known to everyone here. The<br />
United states as the worlds leader in food aid provides more than $1.4 billion in emergency food aid to <strong>Africa</strong>n<br />
countries. I believe that food aid without finding ways of raising food production in <strong>Africa</strong>n will never be in the interest<br />
of <strong>Africa</strong>n countries. The Heavily Indented Poor Countries initiative (HIPC) has to date provided $ 31 billion in debt<br />
reduction to 27 countries pursuing economic reforms, 23 of them in <strong>Africa</strong>, all these measures has also not helped<br />
<strong>Africa</strong>n countries<br />
I believe that the assistance offered by MIDA, if sustained will go a long way in helping Ghana to turn around. This<br />
facility will further enhance the creation of jobs to the growing unemployed and boost up food production for<br />
consumption and as raw materials for industries.<br />
It will also fit perfectly well into the Government of Ghana s policy of Golden Age of Business with its attendant positive<br />
acknowledgement by the government of MIDA s great assistance. The political implication of MIDA s funding of these<br />
projects can not be overemphasized.<br />
I am most grateful to MIDA-Italy for the opportunity offered, through which they will represent a new viable approach<br />
to involve immigrants as development partners for <strong>Africa</strong>n countries in becoming a turning point to <strong>Africa</strong> s growth. I<br />
believe that for the continent to develop <strong>Africa</strong>ns must be protagonist and this exactly the spirit of MIDA<br />
<strong>Africa</strong> <strong>Diaspora</strong> <strong>Investment</strong> Forum