In 2022, Ghana is not particularly known to be a manufacturing country, as data from the Observatory of Economic Complexity (OEC), an online data visualization and distribution platform focused on the dynamics of global economics activities, shows.
According to the OEC, in 2019, per reports gathered by wildLEAKx, Ghana imported $18.4 billion worth of items, making it the number 81 trade destination in the world, a situation that also changed from $238 million to $18.7 billion in 2014.
But in the early days of Ghana’s independence, the trajectory looked a lot more promising;
Ghana seemed to have been on course to becoming a competitive exporter of its own manufactured products.
In this Sankofa Series article, GhanaWeb brings back a newspaper clipping that detailed how some Made-in-Ghana refrigerators and air-conditioners were to be sold.
“The first locally-assembled refrigerators and air conditioners are to be put on the market by the end of this month.
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The report added that beyond these two products, there was a plan to expand production to cover others like television and electric cookers.
“Mr. Dentu, who conducted the newsmen around the factory said the prices of the fridge and the air conditioners would be about those of the imported ones.
“The corporation would add electric cookers, and washing machines to their line of products soon.
This, he said, would however depend on the market demand.
“Television and radio sets, electric fans, pressing irons and tape recorders are among the products of the corporation – a joint State and private enterprise,” it added.
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On how to get Ghanaians at the time to buy into the idea and encourage others to promote it, the report said the corporation considered a hire-purchase system.
“Mr. Dentu said the corporation would consider introducing a hire-purchase system to enable workers to buy its products and pay the installments at source,” he said.