The youth is the real engine for economic growth – Yofi Grant

Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has stated that young entrepreneurs are the future drivers of a stable Ghanaian economy, downplaying assertions that the private sector is the main drive of an economy arguing that the vibrancy and the energy exhibited by startups are the essentials for a bright economic future.

“Normally you would hear that it’s the private sector that is the engine of growth. Actually, it’s the youth. The youth is the real engine of growth – it’s the currency of our future economies.” He indicated. The GIPC boss was speaking at the 3rd edition of the Young Entrepreneurs Forum (YEF) held in Accra.

Themed “Connect, Accelerate, Grow: Breaking Boundaries”, the event which saw hundreds of young Startups in attendance was to continue the sensitization process of sharing GIPC’s strategy and provisions of the GIPC ACT 865, providing leadership and entrepreneurship training as well as facilitating access to resources, markets and funding for young entrepreneurs.

According to Grant, an economy must not only center on macro stability but on the growth of a synergy of Startups which does not only create more businesses but employment on a larger scale.

“I would like to urge you to hold on to your dreams because your dreams are what is going to make this economy great again. It’s the energy you put in that is going to make this country great again.”

Addressing the attendees, he advised them to remain focused as dedication is what enables growth and makes their businesses go global. 

Source: Ghanaweb