Charles Adu Boahen unveils plans to propel intra-African integration through AfCFTA
A former Minister of State, Mr. Charles Adu Boahen, has unveiled a roadmap for propelling intra-African integration through the African Continental Free Trade Area (AfCFTA). This is to draw parallels to the transformative impact of NAFTA in North America. As 55 African nations rally behind this initiative, aiming to dismantle trade barriers and create the […]
South Africa makes first shipment of products under AfCFTA
South Africa has shipped the first consignment of products to neighbouring countries under the Africa Continental Free Trade Area (AfCFTA), boosting the momentum of the world’s largest free trade area. Refrigerators, home appliances, and mining equipment were among the products shipped from KwaZulu-Natal’s Durban Port on Wednesday, January 31. “This shipment demonstrates that the African […]
AfCFTA Trade Facilitation Confab: Ghana Shippers’ Authority push for robust transport infrastructure
By Nathaniel Nartey The Ghana Shippers’ Authority (GSA) has pushed for the development and operationalisation of effective transport infrastructure programs to support the African Continental Free Trade Area (AfCFTA) initiative. According to the GSA, transport infrastructure is the key to the success of the program as it is intrinsically linked to the major operationalization arms […]
SENCHI: 7th GITFIC discusses prospect of African Single Currency in support of AFCFTA
By: Nana Achiaa Aboagye The Ghana International Trade and Finance Conference (GITFiC) says the creation of a single currency for Africa is essential to the successful implementation of the African Continental Free Trade Area – AfCFTA. The theme for the conference, which took place in Senchi in the Asuogyaman District of the Eastern Region was: “Sovereign Economic […]
Africa Shippers Councils Deliberate High Cost of Cargo Transportation in Ghana
The Union of African Shippers’ Councils (UASC) have intensified efforts aimed at addressing the increasing cost of transportation in the shipping and logistics industry, a development attributed to the high cost of doing business at African ports. The World Bank estimates that transport costs in Sub-Saharan Africa averages 50% higher than other regions of the […]
Africa has potential to remain globally competitive- AFCFTA Secretary General
The Secretary-General of the African Continental Free Trade Area, AFCFTA, Wamkele Mene says Africa has the capacity to be globally competitive if the continent continues to work towards leveraging its huge human resource capacity and building a strong integrated market. Addressing participants at the ongoing 53rd World Trade Centers Association’s General Assembly meeting in Accra, […]
We are Open to Accelerating AfCFTA’s Success – CEO of Shippers’ Authority
The Chief Executive Officer (CEO) of the Ghana Shippers’ Authority (GSA) Ms. Benonita Bismarck has expressed the readiness of her organization to collaborate with the African Continental Free Trade Area (AfCFTA) Secretariat to develop effective transport and logistics policies and programs under the AfCFTA Agreement. According to her, the success of AfCFTA largely hinges on […]
NAPRM holds stakeholders engagement on improving corporate governance standards
By: Michael Kofi Kenetey The government of Ghana represented by the Ministry of Foreign Affairs and Regional Integration, MFARI together with the National African Peer Review Mechanism Governing Council, NAPRM-GC has held a day’s stakeholder engagements of Ministries, Departments and Agencies, MDAs with the Ghana’s Targeted Review Mission Team in Koforidua, the Eastern Regional capital. […]
AfCFTA comes with a price- Billay G.Tunkara
By: Rachel Quartey The Leader of the Gambian delegation to the Economic Community of West African States (ECOWAS) Parliament, Billay G. Tunkara, says many countries within the sub-region are not fully prepared to take advantage of the African Continental Free Trade Area (AfCFTA) agreement for the benefit of its citizens. According to him, AfCFTA comes […]
Ghana records export earnings of more than US$27 Billion
By: Naa Dzagbley Agoo The Ghana Free Zones Authority, GFZA, says the country has recorded export earnings of more than US$27 billion over the years. The earnings which were made by enterprises under the Authority are expected to go up further with the various strategies being undertaken by the GFZA to ensure the sector is […]