95th Edition - The ALan News PDF

THE ALAN NEWS
Monday 19th December, 2022 SN: ALN00095 Visit our website for more news, www.thealannews.com
Independent
researchers
volunteer to
work for Alan
Kyerematen to
be president in
2024
NDC lack the moral

right to talk about
corruption
Hon. Sylvester Tetteh Schools Edudzi
Tamakloe on aspects of the NDC’s own
Kwesi Botchwey committee report
US-Africa summit: Joe Biden

says US is 'all in' on Africa's future
Alan “Cedi Appreciation

Not By Chance;
Kyerematen Gov’t Will Sustain
Urges US investment in Gains Made” –
selected strategic Akufo-Addo
sectors in Africa
GREETINGS FROM KOTOMAH

EXPERIENCE | CHARACTER | CREDIBILITY
Monday 19th December, 2022 SN: ALN00095 www.thealannews.com (Page 01)
NDC lack the moral right to

talk about corruption
Hon. Sylvester Tetteh Schools Edudzi Tamakloe on aspects of
the NDC’s own Kwesi Botchwey committee report
There was mini- But Sylvester Tetteh was

banter between unenthused by his co-
Edudzi Tamakloe panelists posture, re-
of the National echoing his earlier point
Democratic “it is not for nothing that
Congress and they gave you pen and
New Patriotic paper so write it down.”
Party Member of
Parliament for He then continued to
Ngleshie- emphasize the allegation
Amanfrom, that Mahama was bridled
Sylvester Tetteh with corruption and that
on the Tuesday, prosecution of certain
December 13 officials of that
edition of Metro government is enough
TV’s Good Morning stating that the report daring Sylvester Tetteh to basis for him to make
Ghana show. discovered corruption in quote a portion of the such conclusions.
the Mahama government report on which his
The two political figures as a major reason for the allegation stands. “The NDC was as corrupt
clashed on aspects of the party’s defeat in the 2016 “Such a lie. It is a lie. as anything and your own
report by the elections. Which page of the report? report suggested that you
Professor Kwesi I won’t sit down for you to lost the last elections
Botchwey committee “When the NDC lost the lie,” he protested. because you were
which probed into the last elections, they corrupt. Some of the
causes of the NDC’s commissioned a team to But Sylvester Tetteh urged things that were captured
electoral loss in the investigate why they lost his opponent to rather jot in the report, some
Sylvester Tetteh stated and Professor Botchwey’s it down and react to his people have been jailed
that the NDC lacked the report is available. One of claims when it was his for it. The NCA was part of
moral right to talk about the reasons they cited for turn to speak. “You can the report and some
corruption in the current their defeat is that they write it down. Look at people have been jailed
government as their own are corrupt and the what I’ve written down for it,” he said.
report indicted their corruption of the former here” he retorted.
government engaged in president contributed to Source: Adapted from
acts of corruption. their defeat”, he said. Edudzi Tamakloe fired myinfo.com.gh
back “you are lying and I
He cited the report by the Edudzi, who was the NDC won’t sit down for you to
Kwesi Botchwey rep on the panel color the minds of
committee as the source described the claim by the viewers. Or should I put
document of his position, lawmaker as untrue, you under oath?”
HARD-WORK PAYS!!!
KOTOMAH
In a race, all the runners

run, but only one gets the
prize, run in such a way as
to get the prize.
That is what the Bible says
in Corinthians
One key trait of all Alanites

is hard-work, just as ALAN
himself is hardworking.
FROM
Stay focused and loyal to

the victory agenda as the
year rolls to an end. Your
love and loyalty is highly
valued and will not go
unnoticed.
WIN WITH ALAN.
GREETINGS
NPP and Ghana deserves

the best.
Alan remains our surest bet
to victory in Election 2024,
and we must work as a
family to win together.
I. KOTOMAH, National Operations

Support Ghana To Industrialize – Alan

us Medium Scale
proud Enterprises (SMEs) to
in produce for both export
many and local consumption;
ways providing fiscal and non-
and fiscal incentives for
we manufacturing; and
improving access to
foreign markets,” he
explained.
Meanwhile, Alan
Kyerematen used the
occasion to express
gratitude, especially to
the United States for their
relentless support and
investment in key socio-
economic initiatives
undertaken in Ghana
MINISTER OF Trade and (GHPAC) in Washington intend to leverage your over the years.
Industry, Hon. Alan DC-USA, Alan capabilities and He cited the Millennium
Kyerematen, has Kyerematen said, “We networks,” he added. Challenge Corporation,
highlighted the are fully convinced that and the African Growth
importance of diasporan Ghana cannot succeed in and Opportunity Act
investments in Ghana’s her quest to become an The Trade Minister (AGOA) as some
quest to become an industrialized country further lauded the examples of support
industrialized economy. without the full support establishment of GHPAC offered by the US.
and participation of her as an opportunity to woo
diaspora citizens.” diasporan investments
According to him, no into Ghana to propel “Currently, the United
country has been able to growth and development. States is supporting
develop itself without “Beyond the remittances “Our strategic approach Ghana to implement a
industrialization as its you send back home to to harnessing the number of projects aimed
core model and strategy support your families, capabilities and network at enhancing the
along with investment diasporans have of Ghanaians in the Ghanaian private sector
capital from the diaspora. increasingly become a diaspora is based on a operators’ productive
great source of capital, number of considerations capacities to take
creativity, including improving the advantage of numerous
Speaking at an awards entrepreneurship, market opportunities at
gala organized by the business environment;
technology and enhancing the productive home and abroad,” Alan
Ghana Diaspora Public knowledge transfer. Kyerematen said.
Affairs Collective capacity of Small and
Diasporans have made
WEEKMonday 19th December, 2022
THIS
GOVERNMENT SN: ALN00095 www.thealannews.com (Page 04)
INDEPENDENT RESEARCHERS VOLUNTEER TO

WORK FOR ALAN KYEREMATEN TO BE
PRESIDENT IN 2024
IN FOCUS
and competent
choice from the
lot.
“He is credible,
can be trusted
and will surely
be marketable if
the NPP
communication
machinery is
willing to build
on the good
work of the
current
government,”
Abena
Tweneboa said.
The Presidential of their preferred Kyerematen can be
fortunes of Trade and candidate. presented to the Their latest call adds to
Industry Minister, Mr Ghanaian voter as numerous others
Alan Kyerematen, Key among the many against other from advocating; “No
received massive messages was the candidates who would Alan, No Vote.’
boost over the marketability of Mr be difficult to sell.
weekend with scores Kyerematen, As a front runner in
of Ghanaian youth transparency and “We are talking of a the upcoming
calling on the New inclusiveness in the candidate that can be Presidential Primaries,
Patriotic Party to elect
Ghanaian geopolitical presented to the Gha many pundits are
ALAN
him as the space. The volunteer naian voter with heads heavily tipping the
presidential group pledged to held high. We are Trade and Industry
candidate. champion the talking of a candidate Minister to emerge
presidential bid of the that is easily winner when the party
The group, who might Trade and Industry marketable and that heads to the internal
have had prior Minister should he be will surely make the contest early next
knowledge that Alan elected as the NPP build their year.
would be travelling to Presidential campaign on the
Kumasi, laid wait Candidate of NPP. potentials of the Source: businessghana.com
around Linda Dor candidate. We are
restaurant on the Speaking to the media, ready to champion
Accra-Kumasi road, a group member, Mr the presidential bid of
holding placards Kwesi Kyere, cited the Alan Kyerematen since
espousing the virtues ease with which Alan he comes as a clean
Monday 19th December, 2022 SN: ALN00095 www.thealannews.com (Page 06
DIARIES
YOUTH WING
US-Africa summit: Joe Biden

says US is 'all in' on Africa's future
US President Joe Biden has To that end, ahead of the In his address on Wednesday, the Group of 20 major
announced billions of dollars three-day summit which ends the US president spoke about economies.
in support and investment on Thursday, National a $500m-investment to
for Africa at a summit Playing catch-up
with the continent's Analysis by Barbara Plett
heads of state. Usher, BBC State Department
correspondent
"The United States is This was about President
all in on Africa's Biden trying to win back
future," President influence in Africa with
Biden told the 49 personal diplomacy as well as
African leaders by promising billions of
attending the dollars of funding in key
Washington DC sectors and rallying private
meeting. sector investments.
It is the first such The subtext was that America

gathering hosted by was trying to catch up with
Washington for eight years. Security Advisor Jake Sullivan reduce transport costs at a other countries, including
The summit is seen as a US said the US would commit key West African port in Russia and especially China,
attempt to re-assert its $55bn (£44bn) to Africa over Benin. that have developed stronger
influence in Africa to counter the next three years. ties with the continent.
Chinese involvement. He also mentioned $350m But the message was that the
Discussions at the summit that would be spent on US wanted a strategic
It also comes after Donald have focussed on building on boosting the digital economy relationship with Africa,
Trump's four-year tenure in already existing programmes, and said that $15bn-worth of which has become a key
office, during which he including: deals had been struck at the geopolitical player with some
alienated numerous African Prosper Africa - a US US-Africa Business Forum. of the fastest growing
leaders with policy decisions government initiative "to The US is also set to sign a economies in the world.
and insulting comments. increase two-way trade" memorandum with the The summit will have been
Mr Biden struck a very between African nations and African Continental Free successful for the Americans
different tone to his the US launched in 2018 Trade Area - one of the if they can demonstrate that
predecessor, speaking the Clinton-era Africa Growth world's biggest free-trade Africa is more than a
optimistically of improved and Opportunity Act, Agoa, areas - which Mr Biden said battleground for competition
links with Africa and telling which provides African would "unlock new with Beijing and Moscow.
the gathering that "when apparel manufacturers opportunities for trade and They want to show that they
Africa succeeds, the United preferential access to the US investment" between the US can be better partners than
States succeeds. Quite market; and Africa. China or Russia.
frankly, the whole world the Power Africa initiative
succeeds as well." launched by President Obama On the sidelines of the But following up and
to connect millions of African summit on Wednesday, Mr sustaining engagement will
US courts Africa as rivals to the grid among others. Biden separately met the six be crucial to proving US
make advances But the success of such leaders of African nations commitment and for that the
He said that the crises facing programmes has been slow which are holding elections in White House appointed a
the world today needed to realise. Africa only 2023 to press for free votes. special envoy.
African leadership, ideas and accounts for just over 1% of
innovations, and promised to US foreign trade, which is On Thursday, the US
Source: bbc.com
build on the "vital" dominated by petroleum president said he would back
investments in Africa made imports from Nigeria and the African Union's admission
by previous US Angola. as a permanent member of
administrations.
Alan ‘gladly’ gifts ¢

10k to support
IN FOCUS
Ashanti TESCON
Trades Minister Alan work for the party. That government, sitting and invited…So I have come
Kyerematen has charged will tell you exactly what former MPs, as well as to represent him”, Hon
members of the Tertiary you can be [in the party executives. Amoah said as he
Students donated an amount of ¢
Confederacy 10,000 to organizers of
(TESCON) of the the programme on
New Patriotic behalf of the Minister.
Party (NPP) to
disseminate Kumasi Mayor Samuel
information Pyne, the party’s
about the General Secretary Justin
government’s Kodua Frimpong and
achievements other known voices also
and the impact donated to support the
of its maiden conference.
programmes About TESCON
and policies on
the socio- TESCON (Tertiary
economic lives Students Confederacy)
of the people. is the student wing of
the New Patriotic Party
Mr (NPP) of Ghana founded
Kyeremanten
ALAN
on 8 January 2000.
believes this can
be achieved future as a member of It was inaugurated by
through hard work and this party]”, said Hon. Mr Kyerematen’s office the 2nd President of the
ensure fertile ground for Joseph Amoah, who was however not invited 4th Republic of Ghana,
the governing party to delivered on behalf of to the programme John Agyekum Kufuor.
win the 2024 polls. the Minister at the which was held at the Since its formation,
Kwame Nkrumah TESCON has been one of
“TESCON is one of the maiden Ashanti Region University of Science the most important
incubators where NPP TESCON Conference on and Technology wings of the NPP’s
leaders are raised. I can Saturday (December (KNUST). student and political
just imagine what the 17).
activism and grassroots
future would be if you Donation “Adverts had been mobilisation.
are a member. [I also running on media
urge you] to go to your The three-day event was houses but it is rather SOURCE: DAILY MAIL GH
various constituencies heavily attended by top unfortunate Alan
and polling stations to appointees in Kyerematen was not
Monetary policy, drop in

imports & IMF deal responsible
for cedi recovery – BOG
The Director of Research at on the Point of View on Citi this is potential demand supposed to be locked as
the Bank of Ghana, Dr. Philip TV, Dr. Philip Abradu-Otoo which hitherto would have reserves. It was designed to
Abradu-Otoo, has reasons for said, the drastic reduction in come to the doorstep of the try to prevent excess liquidity
the upturn in the cedi’s imports and other measures central bank for financing. from passing into the
fortunes after over ten are largely responsible for economy to demand dollars.
months of recording drastic the appreciation of the cedi. It’s gone down significantly. That policy was successful,”
depreciation. So it’s an evolution of things Dr. Abradu-Otoo noted.
“We had a glimpse of our that have happened. That
He attributed the recent trade data for November. If demand going down is good He said the other reason is
respite to a number of you check the data it means for the cedi because we will the IMF’s staff level
measures put in place by the there is huge compression in not have agents coming in to announcement.
central bank, the imports. Anytime there is an demand that amount for
government, as well as the exchange rate overshoot like imports.” “That in itself brought some
recently announced we saw, imports tend to go confidence that the outlook
International Monetary Fund down.” On the monetary policy side, looks very good and that if
(IMF) staff level agreement the BoG’s Director of we are able to follow the
on the three-year extended He said the cedi’s woes Research said that, “If you right steps and implement
credit facility. meant that importers look at our September press our fiscal consolidation plan
needed more cedis to get release, we did come up with and stick to the debt
Ghana’s cedi declined by dollars in order to bring in some measures. On top of restructuring agenda, it
53.8% in value against major products. the interest rate increase, we bodes well for economic
currencies especially the increased the cash ratio of stability. So that in itself has
dollar since the beginning of “They didn’t have that. It the banks. Basically, we were brought some confidence,
2022. takes time for them to be telling the banks that for all and it is impacting our
At the moment, the able to marshal resources to the deposits that you have, currency.”
Ghanaian currency is selling import. If you compare the you needed to hold a portion
at about GH¢10 to the dollar, data from where we were as of that at the central bank.” Source: citinewsroom.com
according to data from the of November last year, that
Bank of Ghana. import bill has gone down by “So 15% of all deposits in the
Giving reasons for the feat as much as $400 million. So banking sector were
STAY SAFE!
Ghana Needs You Alive
NPP READY TO OFFER TECHNICAL

SUPPORT ON ELECTION RESULTS
COLLATION TO THE NDC
The NPP concluded its
message by wishing the NDC
an event-free conference and
urged them to come out of
the conference stronger so
that when they are defeated
in the 2024 general elections,
they [NDC] will have no
excuse.
“We [NPP] wish to contest the

2024 general elections with a
strong opposition; with a
united NDC, and not with a
disintegrated NDC, so that
when we beat you in the
elections, you will have no
excuse. Certainly, not that you
were a weaker and disunited
party.”
The NPP delegation was led

by Mr. Haruna Mohammed,
The governing New Patriotic The NPP’s message was read competent leaders who will
Deputy General Secretary.
Party (NPP) has disclosed that by Mr. Haruna Mohammed, be able to collate your results
Other members were: Chris
it is ready and willing to Deputy General Secretary of so that you don’t go to the
LIoyd Nii Kwei, Deputy
provide technical and the Party. Supreme Court again without
National Organizer; Safia
logistical support to the collated results. In fact, the
The NDC has, elections after Mohammed, Deputy National
opposition National NPP is ready and willing to
elections, been unable to Women Organizer; Isaac Jay
Democratic Congress (NDC) offer technical and logistical
collate their results. And so, Hyde, Deputy National Youth
on ‘election results collation’. support to aid you in the
anytime an election petition Organizer; Sandra Sarkodie
collation of your election
This, according to the NPP, is is instituted to challenge the Addo, Deputy National Youth
results”.
consistent with the Party’s outcome of a general election Organizer; William Yamoah,
commitment to strengthening as declared by the Electoral It would be recalled that Mr Director of Finance and
the country’s multiparty Commission, the Party [NDC] Johnson Asiedu Nketiah, the Administration; and Okyeman
democracy in line with the always struggles to make a longest serving General DC of the Party’s
spirit of political cooperation case in court. Secretary of the NDC, who Communications Directorate.
that has existed between the has now been elected
two major political parties in The NPP on the other hand, National Chairman of the
this Fourth Republic. has proven to be more than Party, in a widely circulated Source: newpatrioticparty.org
efficient in putting in place an audio, lamented the NDC’s
The NPP made this disclosure effective results collation IT consistent inability to
in its solidarity message to infrastructure, enabling the successfully put in place a
the NDC on the occasion of Party to collate its nationwide collation system to collate the
the latter’s 2022 National election results from all Party’s election results. This is
Annual Delegates Conference polling stations in record-time what has necessitated NPP’s
held at the Ohene Gyan during general election. decision to come to the aid of
Sports Stadium in Accra, on the biggest opposition party.
Saturday, December 17, 2022. Part of the statement reads:
“We need you [NDC] to elect
IMF Rescue Plan:

Critics Have Been Proven Wrong –
John Kumah
many consultations on
the Debt Exchange
Program between the
government and
stakeholders, stating that
immediate bondholders
were consulted. “We
have to clarify the issue
of stakeholder
engagement.
Let me state
categorically that all
direct institutional
bondholders were fully
engaged and consulted
in the process. However,
we could not exhaust all
indirect beneficiaries,
such as unions who are
not direct bondholders.
Hon. John Ampontuah be supported by a three- within five to six months. And of course, we
Kumah, Deputy Minister year arrangement under Overall, we just want to couldn’t have consulted
of Finance, has stated the Extended Credit thank the Lord for all interested parties.
that political opponents Facility. Speaking on helping Ghana reach this Even though the
who were skeptical about Eyewitness News, the level.” When discussing government has
the International Deputy Finance Minister the steps needed to gain announced the program,
Monetary Fund (IMF) said, “While achieving the IMF board’s approval, we are still engaging
agreement have been the Staff Level Kumah, a Member of unions and interested
proven wrong by its Agreement is not the Parliament for the Ejisu stakeholders who are not
success. Ghana is set to final step, it is a very constituency, stated, “We direct bondholders and
receive the first tranche critical step towards strongly believe that with beneficiaries of such
of approximately $3 receiving funding from the same spirit of schemes,” Kumah said on
billion in bailout funds the fund… Many people cooperation and working Eyewitness News.
from the IMF in the first did not believe that it together, we will be able
quarter of 2023 after would be possible for to achieve that within a Source: Citinewsroom
reaching a Staff-Level Ghana to achieve a Staff- record time.”
Agreement on economic Level.
policies and reforms to He also refuted claims
Agreement with the IMF that there were not
UTAG, TEWU and other

unions call off strike
The University Teachers services over the varied the conditions of this industrial action.
Association of Ghana Government’s alleged service of staff of public
(UTAG), the Tertiary “failure to present the universities without More importantly, we
Education Workers terms of payment for recourse to them. The thank you, our gallant
Union (TEWU) and the the Vehicle Labour Unions then members, for your
two other university Maintenance and Off- agreed to a roadmap support as we work to
worker unions that Campus Allowances as for the payment of all secure improved
declared a strike on directed by the NLC.” outstanding arrears conditions of service
Monday, October 17, resulting from the for all workers of public
2022, have resolved to But almost two months unilateral variation of universities in Ghana.”
call off the strike after after the strike, the the Off-Campus and The statement also
reaching an agreement four unions announced Vehicle Maintenance thanked members of
with their employer. in a statement that Allowances. the four associations
they were returning to for their solidarity and
The unions, which work after agreeing “to In addition, the standing with their
include the University a roadmap for the Employer assured the leadership during the
Teachers Association of payment of all Labour Unions to strike period.
Ghana (UTAG), Tertiary outstanding arrears resolve all outstanding
Education Workers resulting from the issues related to the Source: citinewsroom.com
Union of Ghana (TEWU unilateral variation of conditions of service of
-GH), Senior Staff the Off-Campus and the aggrieved Labour
Association of the Vehicle Maintenance Unions. Thus, we wish
University of Ghana Allowances.” to announce that the
(SSA-UoG) and Ghana ongoing industrial
Association of “At a meeting held on action is suspended
University Thursday, 8th with immediate effect.
Administrators (GAUA) December 2022, the “We wish to thank all
announced the Employer accepted stakeholders for their
withdrawal of their that it had unilaterally tireless effort to end
“Cedi Appreciation Not By Chance; Gov’t

Will Sustain Gains Made” – Akufo-Addo
The President of the appropriate policy, significantly remove forex Church of Ghana for the
Republic, Nana Addo determination and hard pressures on the cedi,” the support it continues to give
Dankwa Akufo-Addo, has work the part of President said. for the construction of the
stated that the appreciation Government, things are National Cathedral.
of the cedi against all major beginning to turn around. It is in view of this that he
trading currencies is as a added his voice to those of He stated that, upon
result of deliberate policy Whilst acknowledging that GUTA, GRTCC and others to completion, the National
interventions introduced by the Cathedral will serve not only
Government over the last as the country’s collective
few months. thanksgiving “to the
Almighty for the blessings
According to President He has bestowed on our
Akufo-Addo, “the nation, sparing us the
strengthening of the cedi ravages of civil war that
has not happened by have bedevilled the
chance, but through the histories of virtually all our
implementation of neighbours, and the
deliberate policies by outbreak of deadly mass
Government, in epidemics, but also as a
collaboration with the Bank rallying point for the entire
of Ghana.” Christian Community of
Ghana, which represents
These measures, he said, seventy plus percent (70+%)
include “cedi liquidity of the population.”
tightening measures,
resulting in the offloading of The President, therefore,
forex, as a store of value, by asked the Ga Presbytery,
speculators; the and, indeed, all Christians,
improvement of forex flows to continue to pray for
from remittances and the Ghana’s peace and unity, so
mining sector; and the country was by no means appeal to manufacturers, the nation can move
reaching of a staff level “out of the woods yet”, he traders and transport forward in unity.
agreement with the IMF for assured that Government operators who, at the height
a US$3 billion package.” will continue to work hard of the cedi’s recent “I need the support of every
to maintain and sustain the depreciation, increased Ghanaian, together with the
The President made this gains made. prices of goods and prayers of the Church, to
known on Sunday, 18th services, to reduce their
help me and my
December 2022, when he “Indeed, in the weeks prices now that the cedi is
government carry out our
delivered an address at the ahead, the Bank of Ghana re-gaining much of its mandate successfully. Pray
centenary celebration of the will continue with the strength. for me so that Almighty God
Ga Presbytery of the purchases of forex from the will continue to give me
Presbyterian Church of mining and oil sectors to “I believe this is not only a wisdom, strength, courage
Ghana, held at the Black enhance liquidity supply to fair request, but also a just and compassion to enable
Star Square, Accra. the market; continue with one, and I urge all of you to me execute my duties as a
Addressing the the single, unified forex join me in this clarion call, good leader. With Him, all
congregation, which forward auction and some so we can all have a more things are possible, as the
included the Moderator of modest targeted bilateral pleasant Christmas,” he Battle is the Lord’s!! For this
the Presbyterian Church of support to critical imports; added. too shall pass!!”, President
Ghana, Rev. Prof. Joseph and the implementation of Akufo-Addo said.
Obiri Yeboah Mante, he the gold for oil swap National Cathedral
stated that, with transaction, which will Thanking the Presbyterian Source: Peacefmonline.com
The Future is Industrialization and

International Trade.
CORNER
Ghana can come out of finished products is for

its economic challenges, it to industrialize.
youth unemployment and
a weaker Cedis only There is no single
through industrialization economic powerhouse
and international trade. in the world which does
not use exports of
Hon. Alan Kyerematen finished goods as the
stands tall to lead the bedrock of its economy.
country in this direction. US, Japan, Germany as
well as the Asian Tigers;
Nana Kwame Nkrumah, Taiwan, Korea and
a PhD candidate of the others are all export-led
University of Ghana economies and none of
once said that he has them export raw
been following materials.
BOAKYE’S
expositions by Hon. Alan

John Kwadwo There is certainty that
Kyerematen about his Africa is the continent of
vision to industrialize the future. Investors
Ghana through the economics and partner. In 2019, trade worldwide are looking
NPP’s One District One international trade between Africa and for the next destination
Factory (1D1F) policy as, simple to understand China amounted to for their investments
well as his role in and his footprint is the US$192 billion whilst and Africa offers them a
drawing up and seeing right ideas needed for China’s Foreign Direct huge opportunity for
to the implementation the economic Investment (FDI) in untapped human and
of the African transformation of Africa was US$2.7 material resources.
Continental Free Trade Ghana. billion. The disparity in
Area (AfCFTA) project as trade volumes between The surest bet to
well as his ten (10) point Africa and China is Ghana’s
industrial The AfCFTA is the largest heavily tilted in favor of industrialization, the
transformation agenda trading block since the China. panacea to Ghana’s
among others. World Trade economic upturn is to
Organization (WTO) was Whilst China imports make Alan Kyerematen
CHAIRMAN
In the end, what he formed. By World Bank raw materials from lead Ghana NOW.
arrived at is that, if he estimates, the AfCFTA is Africa, it exports Because he holds the
had the benefit of expected to increase finished goods to the keys and the blueprint
following the noble intra-African trade from continent resulting in a for the sustainable
steps and hardwork of its current 13% to huge trade deficit in development of Ghana
Hon. Kyerematen when about 51% in the next favor of China. China is through
he was a masters 10 years, serving about only one of Africa’s industrialization,
student, he would have 1.2 billion Africans, and trading partners. The transformational
scored ‘A’ without injecting billions of US, Europe, and India economic policies, and
learning many theories dollars annually into are among others. favorable international
in International Trade & Africa’s Gross Domestic trade.
Development as well as Product (GDP) The only solution to the
International Economics. problem of Africa
Alan Kyerematen has Currently, China remains sending raw materials
practically made Africa’s biggest trading outside and importing
Alan Kyerematen
Urges US investment in selected
strategic sectors in Africa
WEEK
Hon. Alan John I also called for more States and sub-Sahara Under AGOA, Ghana
Kwadwo Kyerematen resources to be African countries has exported
has called for pumped into blue which grants duty- garments and textile
enhanced US products, among
investment in others, to the US
selected strategic market.
sectors in Africa to
help develop their As part of activities
economies. during the
conference, I joined
This was at a President Akufo-Addo
roundtable between to attend a series of
African Trade high-profile meetings
Ministers, U.S. and events including,
THIS
members of Congress that with the

and Ambassador Managing Director of
Katherine Tai, the US International
Trade Representative, Monetary Fund (IMF)
on the sidelines of and the President of
the U.S. - Africa the World Bank
Leaders’ Summit in Group.
Washington D.C, USA,
last week. I also represented the
ocean economy, light free-quota-free President at the
The roundtable was manufacturing access to the U.S. National Black
on the extension of industries, and market for around Chamber of
the African Growth support for the 1,800 product lines in Commerce Business
and Opportunity Act development of promoting economic Forum as well as the
ALAN
(AGOA) which is set infrastructure development of these US Chamber of

to expire in including roads, rail, countries. Commerce and the
September 2025. port infrastructure Corporate Council on
and renewable It is also aimed at Africa’s Presidential
I advocated, among energy. expediting integration Dialogue all in
others, for greater of African economies Washington DC.
investment in AGOA Preferential into the world trading
Agriculture and Trade Agreement is a system while
Agribusiness, oil and unilateral agreement sharpening their
gas. between the United productive capacities.
Alan Kyerematen Urges US investment in

selected strategic sectors in Africa
WEEK
THIS
ALAN
BY: ASANTEMAN SPECIAL INTEREST GROUPS

13TH JUNE, 2022
Thomas Oheneba Boakye
ALAN SUPPORTERS UK
DISCLAIMER
All information in this newsletter do not in anyway whatsoever represent

the opinions of expression of Hon. Alan John Kwadwo Kyerematen or
his office.
The publication is indented to inform only. The Alan News takes full
responsibility for any issue that may arise by virtue of publication. Hon.
Kyerematen and his office shall not in anyway be liable to any person(s)
for any loss or liability suffered from such usage or reliance.
Designed and Distributed by

The Alan News, Ring Road Central
P. O. Box. PMB Accra – Ghana
Managing Editor
P. D. ORCHILL
Tel: 0559032704
Email: Myalannews@gmail.com
Website: www.thealannews.com
Across Social Media: thealannews
19th December, 2022

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THE ALAN NEWS

NDC lack the moral

US-Africa summit: Joe Biden

Alan “Cedi Appreciation

GREETINGS FROM KOTOMAH

NDC lack the moral right to

There was mini- But Sylvester Tetteh was

In a race, all the runners

One key trait of all Alanites

Stay focused and loyal to

NPP and Ghana deserves

I. KOTOMAH, National Operations

Support Ghana To Industrialize – Alan

INDEPENDENT RESEARCHERS VOLUNTEER TO

US-Africa summit: Joe Biden

It is the first such The subtext was that America

Alan ‘gladly’ gifts ¢

Monetary policy, drop in

NPP READY TO OFFER TECHNICAL

“We [NPP] wish to contest the

The NPP delegation was led

IMF Rescue Plan:

UTAG, TEWU and other

“Cedi Appreciation Not By Chance; Gov’t

The Future is Industrialization and

Ghana can come out of finished products is for

expositions by Hon. Alan

members of Congress that with the

(AGOA) which is set infrastructure development of these US Chamber of

Alan Kyerematen Urges US investment in

BY: ASANTEMAN SPECIAL INTEREST GROUPS

Thomas Oheneba Boakye

All information in this newsletter do not in anyway whatsoever represent

Designed and Distributed by

19th December, 2022

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