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NewsFile GH
Home»Business»Ofie Market spurs economic growth in Akuapem North Again
Business

Ofie Market spurs economic growth in Akuapem North Again

By newsfileghApril 30, 20254 Mins Read
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…..  As Amanokrom Buzzes

Amanokrom was once again a hive of economic activity last Saturday, as the second edition of the Ofie Market unfolded with even greater success than the maiden event. Building on the momentum of its launch, this latest event attracted increased participation from farmers and traders.

It showed the market’s growing economic impact across the Akuapem North Constituency, led by Sammi Awuku.

From the early morning hours, the town buzzed with energy. Farmers and traders—better organised and better stocked than before—displayed an impressive range of fresh produce, grains, vegetables, tubers, livestock, fabrics, and household items. Buyers, some of whom had travelled from far-flung parts of the Eastern and Greater Accra regions, turned out in large numbers to take advantage of the quality goods on offer at competitive prices.

Compared to the inaugural event, the second edition of the Ofie Market saw a marked increase in trading activity. Many traders reported doubling their stock in anticipation of demand and still selling out well before the close of the day.

“I brought twice the goods I brought last month, and yet, I sold out even faster,” remarked a beaming farmer from Tinkong. “The Ofie Market has become our lifeline. We are now planting with a real market in mind.”

Small-scale processors such as gari producers, palm oil extractors, and shea butter sellers also found eager buyers. Artisans and local service providers—including tailors, carpenters, and repair technicians—reported a surge in business stemming from the influx of visitors to the area.

The market’s impact has gone far beyond direct trade. Food vendors, drinking spots, transport operators (particularly taxi and trotro drivers), mobile money agents, and local accommodation providers all reported significantly higher activity.

“It’s not just about the farmers selling,” explained one food vendor near the market grounds. “When the market opens, people buy food, people need transport, people make calls and send money. Everyone is benefiting.”

The initiative has also sparked informal employment, offering young people opportunities as porters, assistants, loaders, and logistics aides—providing a welcome buffer against rural unemployment.

Local authorities noted that, after just two editions, the Ofie Market has generated more commercial activity in Amanokrom than any other community-led initiative in recent years.

A brief afternoon downpour did little to dampen the market’s spirit. Shoppers and traders alike braved the rain, umbrellas aloft, as business continued uninterrupted.

“The rain came, but it didn’t stop anything,” said a tuber vendor. “We kept selling, and the buyers kept coming. That shows how important this market is to us now.”

The scene of determined buyers negotiating and carrying purchases under umbrellas offered a vivid snapshot of the community’s resilience and commitment.

Speaking to journalists during a walkabout, Sammi Awuku, Member of Parliament for Akuapem North and the driving force behind the Ofie Market, expressed satisfaction with the market’s expanding impact.

“The Ofie Market is doing exactly what we envisioned—connecting our hardworking farmers and traders directly to consumers, and breathing life into our local economy,” he stated.

Mr Awuku, also hinted at plans to institutionalise the event and scale its benefits further. “Beyond today’s success, we’re looking to introduce structured support such as microloans, extension services, and marketing training to sustain and grow this momentum,” he added.

He confirmed that the Ofie Market will continue on the last Saturday of every month, giving traders and buyers a reliable platform to plan around.

The Chief of Amanokrom, Nana Osim Kwatia II, once again lauded the initiative and its long-term potential.

“Through this simple but powerful idea, our son Sammi Awuku has revived our town. Jobs are being created. Our farmers are hopeful again. Commerce is alive. We must all work together to strengthen and grow this market.”

With two successful editions under its belt, the Ofie Market is fast becoming a model for rural economic empowerment. It raises agricultural incomes, stimulates small business growth, reduces post-harvest losses, and restores local confidence.

Despite logistical challenges like the rain, the turnout and participation from both traders and buyers reflect a deeper transformation. The Ofie Market is not merely a commercial event—it is a grassroots movement of resilience, enterprise, and hope.

The next edition is scheduled for Saturday, May 31, 2025, and anticipation is already building among producers and consumers alike.

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