By: IGNEWSS
Ghana has its eyes set on becoming the number one salt producer in Sub-Saharan Africa, says the Chief Executive Officer of the Minerals Income Investment Fund, Edward Nana Yaw Koranteng.
According to Mr Yaw Koranteng, the country could make one billion dollars annually from salt production alongside the enormous job opportunities the salt industry could create for the nation’s youth.
“Ghana is positioning itself as the number one salt producer in Sub-Saharan Africa. There’s the potential for Ghana to make about $1 billion every year from salt alone,” he told Oxford Business Economics Africa.
Given the enormous revenue-earning potential of the salt industry, the MIIF CEO noted that the country is investing $30 million in salt production since the pharmaceutical, textile, and other industries depend heavily on it as raw material.