The three-storey edifice, located at Daban, a Kumasi suburb, was inaugurated by the Asantehene, Otumfuo Osei Tutu II, who was the special guest of honour.
Commenting on an appeal by the Chairman of Finatrade Group, Mr Nabil Moukarzel, for the government’s support to entrepreneurs investing in the agricultural sector, especially in the production of cash and food crops, Otumfuo Osei Tutu noted that it was time the government offered special tax rebate to such entrepreneurs.
Explaining, he said offering special tax rebate to entrepreneurs who had shown keen interest in supporting accelerated growth in the agricultural industry would motivate them to venture into the manufacturing sector and expand their operations.
This, he said, would create job opportunities for the youth to enable them to support sustainable socio-economic development.
Commending the management of Finatrade and Akuafo Adamfo for their commitment to the development initiatives of Ghana since they established the company in 2001, the Asantehene said the construction of an edifice in Kumasi had proved that Akuafo Adamfo, which is a subsidiary of Finatrade, was committed to supporting accelerated growth of Ghana’s economy.
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He said since the company started purchasing cocoa 13 years ago, it had strived to become the second leading private purchasing cocoa company in the country and had been offering scholarship to brilliant needy students.
Earlier in his address, the Chairman of the Finatrade Group, Mr Nabil Moukarzel, said besides investing in the cocoa industry, Finatrade was investing massively in rice production and milling at Sogakope in the Volta region.
By George Ernest Asare