Category: Africa
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Strict enforcement of AfCFTA regulatory framework will ensure smooth implementation of PAPSS – Bawumia
Vice President, Dr. Mahamudu Bawumia has called for strict enforcement of the regulatory framework of the African Continental Free Trade Area, AfCFTA, for financial services to ensure the smooth and effective implementation of the Pan African Payment and Settlement System (PAPSS). According to him, it is important that payments services regulation of member states are…
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President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi
The President of the Republic of Cote d’Ivoire, Alassane Ouattara, has met with Eni CEO Claudio Descalzi to discuss the status of the fast-tracked development of the Baleine discovery, which will be the first net-zero development in Africa for scope 1 and scope 2 emissions. The Prime Minister Patrick Achi, the Secretary-General of the Presidency,…
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South African president calls for increased trade with Ghana
The Presidents of Ghana and South Africa have called for increased trade between the two countries as the first year of the implementation of the African Continental Free Trade Area (AfCFTA) comes to an end. The remarks were made by the two heads of state at the Ghana – South Africa Business Forum in Accra…
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More partnerships needed to drive intra-Africa trade – Wamkele Mene
The Secretary-General of the African Continental Free Trade Area, AfCFTA, Secretariat, H.E. Wamkele Mene is advocating for more partnerships and investments to boost the patronage of goods and services produced on the African continent. According to him, the refusal of businesses to merge or join forces with others on the continent is likely to pose…
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AfCFTA member states urged to develop right policy frameworks to promote SEZ development
The Ministry of Trade and Industry is urging member states of the African Continental Free Trade Area Agreement (AfCFTA) to develop the right policy frameworks to promote the development of both Special Economic Zones and the operationalization of AfCFTA. According to the Ministry of Trade, this will also enable private sector operators to harness the…
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Heads of standards bodies in Accra for 65th ARSO Council Meeting
In its quest to accelerate the harmonization of standards in the sub – region, the Government of Ghana through the Ghana Standards Authority (GSA) is hosting some Heads of Standards Agencies in Africa for the 65th Council Meeting of the African Organization for Standardization (ARSO) between November 24-26, 2021. The meeting is crucial to achieving…
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Dr. Ernest Addison calls for integrated approach to improve intra-African payments
Governor of the Bank of Ghana, Dr. Ernest Addison has called for a multidimensional integrated solutions approach to tackle the inherent frictions in cross-border payments in Africa. According to the World Economic Forum, payments which have always been the lifeblood of trade will be key for intra-African trade, which covers 55 countries with varying financial…
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BAGAIA compliments Ghana for establishing Aircraft Accident Prevention Bureau
The Commissioner of the Banjul Accord Group Accident Investigation Agency (BAGAIA), Charles Irikefe Erhuehon Monday complimented Ghana for establishing the Aircraft Accident, Incident Investigation and Prevention Bureau (AIB). Charles Irikefe Erhuehon made the commendation at a technical committee meeting in Accra to deliberate on the way forward regarding investigating aircraft accidents within the sub-region. The…
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Dr. Bawumia calls for stakeholder collaboration to improve intra-African payment systems
Vice President, Dr. Mahamudu Bawumia has charged Central Bank governors across Africa to facilitate collaboration amongst key stakeholders to help with the integration of payment systems on the continent. According to the World Economic Forum, payments which have always been the lifeblood of trade will be key for intra-African trade, which covers 55 countries with…
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Former President Mahama calls for increased funding of SMEs to reduce unemployment
Former President, John Mahama has charged African leaders to actively offer funds and tax waivers to Small and Medium-Sized Businesses on the continent to help reduce unemployment as the continent tries to recover from the impact of the Covid-19 pandemic. He made the remarks while delivering the keynote address at the 3rd annual edition of…