Otumfuo advocates for stronger private sector collaboration at Silver Jubilee celebration in London
Published:
4 months ago
Source:
3News
The Asantehene, Otumfuo Osei Tutu II has proposed a "Manhyia Special Initiative" in partnership with Citibank and Asante professionals Club UK to create a well-resourced funding vehicle aimed at supporting private sector ventures in Ghana. In his address at the heart of London's financial district, the Asantehene emphasized that "this initiative is not a plea for charity but a strategic move for mutual prosperity."
Speaking to a distinguished gathering including former president of Ghana, His Excellency, President Agyekum Kufuor, representatives from Citigroup, scholars, diplomats and captains of industry, he made a call for deeper collaboration between human and financial capital to drive Ghana's development. The Asantehene emphasized the critical need for partnerships that leverage both human talent and financial resources. Highlighting the untapped potential within Ghana and the broader African continent, the Asantehene underscored the limitations of relying solely on government-led development initiatives. He pointed to the successful transformation of China through private enterprise as a model for Ghana to emulate, urging for substantial investment in the private sector to fuel growth and create employment opportunities.