Category: Africa
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Ten Turkish sailors seized by pirates off Nigerian coast – shipping company
Ten Turkish sailors were taken hostage by armed pirates off the coast of Nigeria early on Tuesday, shipping company Kadioglu Denizcilik said, adding that another eight sailors were safely aboard the ship. Kadioglu said its Turkish-flagged Paksoy-1 cargo ship was attacked in the Gulf of Guinea as it sailed from Cameroon to the Ivory Coast…
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ECOWAS not ready for ECO currency in 2020—Prof. Quartey
Economist Professor Peter Quartey is of the view that ECOWAS is not ready for the common currency, ECO, which is scheduled to start circulating next year. Prior to the commencement of the circulation of the currency, ECOWAS member states are expected to meet common criteria comprising primary and secondary ones. Though the Heads of State…
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AfCFTA: What is in it for Ghana?
The African Continental Free Trade Area (AfCFTA) is a Single Market (Duty-free, Quota-free) covering the entire African Continent with a total population of 1.2 billion and a combined GDP of almost USD 3 trillion. So far 54 countries out of 55 (with the exception of Eritrea) have signed the AfCFTA and 27 countries have ratified…
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South Africa grants Ghana visa-free status
The South African government has granted Ghana a visa-free status, which would see Ghanaians enter southern Africa country without any visa. The South Africa Department of Home Affairs revealed this when it listed Ghana as part of seven countries allowed to enter South Africa without visa. Last year, it was announced that Ghana is among…
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Develop strong negotiation position to benefit from AfCFTA — TWN-Africa
Third World Network Africa (TWN-Africa), a Pan-African research and advocacy organization, has charged the government to focus on developing a strong negotiation position, in order to benefit from the African Continental Free Trade Agreement (AfCFTA). This comes a day after Ghana was selected as host country for the secretariat at the 12th African Union Extraordinary…
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Farmers urged to consider Arabian Peninsula nations as export destinations
Farmers and other stakeholders in the agricultural value chain in Ghana and other African countries have been urged to pay better attention to countries in the Gulf Cooperation Council (GCC) such as Saudi Arabia, Oman, and Kuwait among others, as export destinations. Currently, Ghana’s top export destinations are India, China, Switzerland, Netherlands and South Africa.…
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Hosting AfCFTA secretariat in Ghana is a privilege — Akufo-Addo
The Assembly of Heads of State and Government of the African Union (AU) has selected Ghana as the host country for the Secretariat of the African Continental (AfCFTA) Free Trade Area. The decision was announced on Sunday, 7th July, 2019, at the 12th AU Extraordinary Summit held in Niamey, the capital of Niger, after Ghana…
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Pick n Pay supermarket launches ‘nude’ fruit and vegetable produce wall
Pick n Pay on Monday launched a ‘nude’ fruit and vegetable produce wall — a dedicated plastic and packaging-free zone — in 13 stores across the country as part of a trial to measure customers’ readiness to switch from pre-packaged food to loose products. Retail Executive, Commercial at Pick n Pay, Paula Disberry, said plastic…
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Nigeria to sign Africa free trade agreement
Nigeria will sign an Africa free trade agreement at the coming African union summit, according to a statement posted on the Nigeria presidency’s Twitter feed on Tuesday. Nigeria, the largest economy on the continent, was one of the last countries that had not committed to signing the deal and its decision to join the bloc…
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We’re ready for AfCFTA Implementation – ECOWAS Brown Card Secretariat
The Secretariat which is responsible for coordinating the implementation of the ECOWAS Brown Card Insurance Scheme says it is engaging with key stakeholders across the continent, to ensure that the insurance scheme remains robust even as the African Continental Free Trade Agreement (AfCFTA) comes into force this month. The African Continental Free Trade Agreement (AfCFTA), signed by 44 African countries,…