Ghanaian dancehall artiste Shatta Wale has thrown his support behind the ‘One District One Factory’ initiative implemented by the Akufo-Addo-Led government.
In a post sighted by EonlineGH.Com on the musician’s official page, he talked about how the initiative has funded the Juaben Oil Mill to process palm oil for consumption, export and electricity.
He added that the factory has also employed about 1000 women for processing palm oil.
He wrote
Remember all the foods and products made from Palm Oil back in the day? Can you name some? Juaben Oil Mill, which is proudly funded by Ghana Exim Bank under 1D1F, is processing palm oil for consumption, export and electricity! The factory has made this possible through innovation and the support of its dedicated women employees. #Gexim #MadeInGhana
Remember all the foods and products made from Palm Oil back in the day? Can you name some? Juaben Oil Mill, which is…
Posted by Charles Nii Armah Mensah on Friday, November 20, 2020
The One District One Factory (1D1F) initiative is the vision of His Excellency the President, Nana Addo Dankwa Akufo-Addo to change the nature of Ghana’s economy from one which is dependent on import and export of raw material to one which is focused on manufacturing, value addition and export of processed goods. These raw materials are largely found in the districts which would have otherwise gone waste.
The initiative as proposed by His Excellency Nana Addo Dankwa Akufo-Addo is private sector led. Government creates the necessary conducive environment for the businesses to access funding from financial institutions and other support services from Government agencies to establish factories. Ghanaian entrepreneurs will thus own the companies, operate them and bear all the risks and rewards of the projects.
