Tag: AfCFTA
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Concrete steps must be taken to expand production to promote regional trade – BoG
Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi has reiterated the need for concrete steps to be taken to expand production and delivery of goods and services to promote regional trade and growth under the African Continental Free Trade Area. According to her, this will help accelerate the progress of the implementation…
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Clement Akapame, Lom Ahlijah launch book titled ‘Commercial Law In Ghana – Sourcebook’
A book providing Ghanaian literature on Commercial Law has been launched at the Ghana Institute of Management and Public Administration (GIMPA). The book “Commercial Law In Ghana – Sourcebook,” was written by private legal practitioners Clement Akapame and Lom Nuku Ahlijah and launched on Thursday 3rd February 2022. The 424-page hardcover book, written as a…
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AZA Finance assures of increased collaborations with Fintech companies to ensure growth under AfCFTA
AZA Finance has assured of increased collaborations and support for companies within Ghana’s financial and fintech ecosystem to grow and take full advantage of the Africa Continental Free Trade Agreement (AfCFTA). This comes on the back of the recently launched Pan-African Payments and Settlement System – a revolutionary Financial Market Infrastructure to enable instant, cross-border…
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AfCFTA members conclude negotiations on rules of origin to enhance free trade
Member states of the African Continental Free Trade Area (AfCFTA) have concluded their negotiations on the rules of origin, a move expected to further reduce tariffs on original goods produced within the African continent. This was disclosed by the Chairperson of the African Union Ministers of Trade, Ebrahim Patel. Although trading under the African Continental…
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GUTA advocates deeper stakeholder engagement one year after AfCFTA implementation
A year into the implementation of the African Continental Free Trade Area Agreement (AfCFTA), the Ghana Union of Traders Associations (GUTA) wants more stakeholder engagement to ensure success. The President of the Ghana Union of Traders Associations (GUTA), Dr Joseph Obeng, says a lot more effort will be required to ensure the agreement lives up…
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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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American Chamber of Commerce assures of more collaborations between Ghana and USA to boost trade
As the first year of the implementation of the African Continental Free Trade Area (AfCFTA) comes to an end, the United States Ambassador to Ghana, Stephanie Sullivan, has assured of deepened trade relations between Ghanaian and American businesses to enhance their activities and capture new foreign direct investment. According to the Chamber, Ghana’s political stability,…
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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…