Government funding, short term loans needed to improve local economy in Keta – Aspiring MP
An aspiring MP from Keta constituency has pleaded with social micro-lenders to consider investing in economic activities in the area.
According to Vincent Djokoto, economic activities in Keta and surrounding communities such as fishing, manufacturing, tourism and financial services must be diversified; therefore, the government must strive to release funds to move it forward.
He explained in a press release that promising business ventures led by young people and women in the constituency may not thrive if affordable capital, essential for their growth, is not provided.
“If farmers and fishermen, for example, received government funding for modern machinery, it would boost the agricultural productivity of the constituency and could contribute decisively to food security in Ghana as a whole.
“Farming in Keta Constituency is a low-risk, high-return business. This is exactly why financial services need to design products that help development entrepreneurs expand their nets,” he explained.
He added; “It requires investments in these struggling sectors to firmly position the constituency on an upward trajectory.”
Vincent Djokoto, who worked with the John Mahama 2020 campaign team as a public relations specialist, also wants the authorities to ensure the improvement of digital infrastructure in Keta.
He thinks the riding needs to attract big tech companies like Google and Facebook to grow its local economy.
“The impact of digital technology has yet to reach and radically transform the lives of Keta voters, on a large scale – from telecommunications to financial services,” he said.
According to him, Keta’s prospects over the next decade depend largely on the accessibility and affordability of data and high technology for the average consumer.