Tag: African Continental Free Trade Area
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AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade
The African Continental Free Trade Area Secretariat (AfCFTA) has called for the accelerated development of key infrastructure in areas like transportation across the continent, to fast-track trade under the AfCFTA. The remark was made at the Ghana Trade Roadshow held here in Accra on Wednesday. Despite decades of common market agreements within different economic blocs…
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AfCFTA Secretariat secures US$1 billion investment for development in Africa
To strengthen the continent’s industrial development efforts and boost intra-African trade, the African Continental Free Trade Area (AfCFTA) Secretariat has successfully secured a one billion dollar investment from the African Export-Import Bank. This, according to the Secretary-General of the Secretariat, Wamkele Mene, is to ensure development in priority value chains in the various participating countries.…
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Africa needs multimodal transport system to strengthen trade in AfCFTA – Krapa
As stakeholders in various sectors of the economy are continuously being urged to take advantage of the African Continental Free Trade Area, African countries are being urged to put in all efforts to increase logistics which will strengthen regional value chains in the continent-wide market. According to Deputy Trade Minister, Herbert Krapa, building a multimodel…
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Regional conference on AfCFTA, NEDS implementation held at Damongo
A one day regional conference on the implementation of the African Continental Free Trade Area (AfCFTA) agreement and the National Export Development Strategy (NEDS) has been held in Damongo. The conference was organized by the Ministry of Trade and Industry, the Ghana Export Promotion Authority (GEPA) and the National AfCFTA Coordinating office. The conference in…
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Regional events on AfCFTA and NEDS to hit regions in November – GEPA
Regional conferences on the implementation of the Africa Continental Free Trade Area (AfCFTA) agreement and the National Export Development Strategy (NEDS) are to be rolled out nationwide throughout the month of November 2020. This follows on the heels of the National Conference held at the Accra International Conference Centre on October 20 to 21 2020…
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NEDS will boost Ghana’s participation in AfCFTA — Trade Ministry
The establishment of the African Continental Free Trade Area (AfCFTA), with Ghana hosting its Secretariat, presents a new opportunity for Ghanaian businesses to boost processes in order to meet requirements and demands in the wider continental market. In line with this, the government of the Republic of Ghana has unveiled the National Export Development Strategy…
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AfCFTA must kick off in July despite COVID-19 threat – Group advocates
Policy and advocacy think tank, AfroChampions, has advised that the July 2020 date for the commencement of the African Continental Free Trade Area (AfCFTA) should not be rescheduled due to the outbreak of the novel Coronavirus. The commencement of trading within the AfCFTA is slated for 1st July 2020. According to the policy and advocacy…
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121 candidates apply for the Secretary-General of AfCFTA post
One hundred and twenty-five candidates, all African citizens, applied for the Secretary-General position of the African Continental Free Trade Area which is located in Accra, a source close to the African Union Commission has said. Two prominent Ghanaians, including a former Minister of State under the previous administration, made it to the shortlist of 30…
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Nigeria, Benin in trade dispute two months after signing ACFTA
Two West African countries, Nigeria and Benin are embroiled in a trade dispute two months after signing an agreement to free up the movement of goods and services in Africa. Nigerian President Muhammadu Buhari ordered the partial closing of its border with Benin last month to curb smuggling of rice and other commodities. The blockade…
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Trade Ministry tasked to develop program of action for AFCFTA
Trade Minister Alan Kyerematen has said that a national program of action for the implementation of the African Continental Free Trade Area will be ready in the next three months. He revealed this after a three-day stakeholder dialogue conference which was held to develop the right strategies to ensure the success of the AFCFTA. Speaking…