Many
development experts as well as research institutions and charity organisations within
Ghana and abroad, have been propounding that the country is exceptionally rich
and well-endowed with numerous and diverse types of natural resources.
They often make such statements based on findings that
the country has large deposits of gold right from the coastal regions to the extreme
northern savannah ecological zone (NSEZ). Besides gold, there are other
precious minerals such as bauxite, manganese, limestone, timber, uranium,
hydrocarbons. Other non-precious minerals include clay, granite and other
valuable rocks.
Unfortunately, most of these minerals in the NSEZ have
remained largely untapped over the years. However, one of the efforts that have
been proffered to harness these resources is the hosting of the 20th
edition of the Ghana International Trade Fair in Tamale between February 25th
and March 7.
Under the theme: “Two Decades in International Trade Fair in
Ghana: Exploring Business Opportunities in the SADA Zone of Ghana”, the
fair is to be jointly organised by the
Savannah Accelerated Development Authority (SADA)
and the Ghana Trade Fair Company (GTFC)
with sponsorship from UNDP and state-owned agency, EDAIF.
The choice of Tamale for the fair is aimed at
harnessing the untapped potentials of the NSEZ. It will therefore highlight the
agriculture sector, the mineral deposits, culture, housing and other areas of
value in the NSEZ. It will also provide suitable areas for foreign and local
partnership as well as stimulate a culture of entrepreneurship and investments
in the NSEZ.
Over 500 local
and international investors from 30 countries including Europe, Asia and
America are expected to participate in the fair. Exhibitors are expected from countries such as
Turkey, USA, Egypt, Syria, India, Germany, China, Japan, South Africa, Cape
Verde, Nigeria, La Cote D’voire, Togo and a lot more. A visitor population of
25,000 is expected throughout the Fair.
At the launch of the fair in Tamale, acting Chief
Executive Officer of SADA Dr. Chares Abugre, said the event would serve as a
“positive step in order to bring all parts of Ghana into international focus”,
and gave ten reasons why the focus of the fair was on business opportunities in
the SADA zone.
The SADA zone according to him was the bigger half of
the country, occupying 54.4 percent of the entire geographical area of Ghana, “where
little attention has been paid to business development and investment
opportunities for generations. This is a waste and holds back development of
our country, something that we cannot afford”, he observed.
He said the zone had unparalleled agricultural
opportunities with 6 million hectares of suitable land for rain-fed and
irrigated farming. “The land may seem unproductive in rain-fed conditions but
comes to life when irrigated. When irrigated, up to 60,000 square kilometres of
land is suitable for rice, sugar cane, soya and several other grains as well as
10,000 square kilometres suitable for cassava”, he noted.
Dignitaries At The Laucnh |
Dr, Abugre also noted that, the SADA zone was home to
majority of the Volta River Basin, and the Ghana side of the Volta River system
produced an impressive annual run-off water of up to 37.8 billion cubic metres.
“The area is home to the Black and White Volta watersheds as well as the Oti
River basin and such sub-watersheds as the Kulpawn, the Sissili, the Daka, the
Nabogo and the Nasia.
“The irrigation potentials are huge– the Bui can
irrigate up to 200,000 hectares; Pwalugu, up to 100,000 hectares; the
Nasia-Nabogo area, up to 70,000 hectares; the Daka Valley, up to 90,000
hectares; the Kamba, up to 10,000. The Fumbisi Valley watershed by Tono, the
Kulpawn and the Sissili has a total irrigable area of more than 240,000
hectares”, he disclosed.
He further reiterated the potential of the Black Volta
Basin to provide several hydropower generation plants citing Ntereso, Jambito,
Daboya and the Koumbi. “The White Volta Basin has energy potentials in Pwalugu
on the Kulpawn and the Sissili Rivers. There is also Juale downstream.
“Besides hydro, the SADA zone has the most productive
sun for solar. With increased agricultural production, the abundance of
agricultural waste will be a massive source of bio-energy. The vast energy,
especially renewable energy potentials in an age of sustainable development, remains
to be tapped”, he stated.
Another untapped area Dr. Abugre talked about was the
Lake Volta waterway, which according to him, could cut bulk transport distance
from the port by up to 500 kilometres. “Everywhere in the world, water
transport is the cheapest source of bulk transport – cheaper than rail with
bigger upstream and downstream benefits”, he revealed.
He maintained that with an active Volta Lake
Transport, one could envisage Bui as a thriving transit port city for the
landlocked West African neighbours to the north. He added that, upon the water
transport, science and industrial parks could rise, giving a stimulus to
Kintampo which could grow into the finance, conferencing and agricultural
marketing and processing hub of the SADA zone. “The real estate and
construction investment opportunities associated with developing Bui properly
are potentially huge”, he said.
SADA CEO |
The SADA CEO further talked about the Tamale
International Airport still under construction, and said it placed the fastest
growing city in West Africa in close proximity to the rest of the sub-region
and only 5 hours away from Europe and the Middle East. “We can envision Tamale
as green, planned, spacious, clean and thriving city– drawing in migrants from
the rest of Ghana and all over the world especially when commercial agriculture
thrives around it.
Dr. Charles Abugre said the area was primed for proper
planning and industrial relocation of firms from Europe and Asia and other
parts of Africa where cost of market access disadvantages abided. He urged
investors in planned industrial estates, agro-parks and such cluster based
initiatives to come and invest.
The Chairperson of the Board of the GTFC, Mrs.
Hannah Boateng, said the Fair’s main objective is to “clinch deals with
potential businesses and to expand existing ones.”
According to her, it is also to provide
opportunity to Ghana’s expanding market and to promote its non-oil export
potentials, develop trade and industry, promote made in Ghana goods and
services including the agriculture and agro-based industry.
“It will focus on agriculture and food
production, building and construction; industrial and production machinery;
oil, gas and petro-chemicals; mining and energy, transport and aviation,
telecommunication, business equipment; training and education; healthcare and
safety; banking and finance; scientific and technological breakthroughs and
general consumer goods”.
Mrs. Boateng said a visitor population of
25,000 is expected throughout the Fair. She had no doubt that the Fair would
“serve as a catalyst for massive industrialization of the SADA zone. Investment
will be the major driver of the economy of the area.”
SADA is a government policy initiative
established by an Act of Parliament (Act 805, 2010) and aimed at transforming
the NSEZ. SADA’s mandate is to accelerate the socio-economic development of the
NSEZ through strategic investment in resource development. It envisions a
“Forested North” by 2030, where agricultural production is modernised and
oriented towards a larger market.
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