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Tag: Trade

Africa Business World 

Africa50 General Shareholders Meeting opens with a forum in Lomé

Elwin Mandowa, , , , ,
The Africa50 Infra for Africa Forum kicked off on Monday morning in Lomé, Togo, with a landmark signing of an asset recycling agreement. Asset Recycling is an innovative initiative led by Africa50 for governments to monetize existing infrastructure assets through a concession to the private sector with funds received being reinvested in other priority projects. The agreement with the Republic… Read More
Africa Business World 

Opinion: United States and Africa increase engagement on AfCFTA

Elwin Mandowa, , , , , , ,
There was more good news for the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement in December 2022, when a Memorandum of Understanding (MoU) was signed between the United States (US) Trade Representative and the AfCFTA Secretariat at the US-Africa Leaders’ Summit (Summit) in Washington DC. The MoU covers expanded engagement between the two regions and intends… Read More
Africa Business Ghana West Africa World 

Ghana’s trade minister resigns from government

Elwin Mandowa, , , , , , , ,
Ghana‘s trade minister, Alan John Kwadwo Kyerematen has resigned from the government, local media has reported on Friday. He is said to have tendered his resignation letter to Ghana’s President Nana Akufo-Addo on Thursday, Jan 5, 2023. Kyerematen has been serving as Ghana’s trade minister since 2017. It is not clear why Kyerematen has resigned but there are reports it… Read More
Africa Business World 

What’s the future looking like for gold trading?

Elwin Mandowa, , , , , ,
– – Gold. For millennia it has been a highly valued commodity. At first it was used for trading and then became a material in which wealth could be invested in the form or decorations and jewellery. But more and more as time has gone on, gold has become a precious metal whose value has been regarded as being stable,… Read More
Africa Business World 

Comparison of the Meta Trader 5 and Meta Trader 4 platforms

Elwin Mandowa, , , , , ,
– – If you’re a skilled trader looking for high-level chart patterns, both MT4 and MT5 may help. Both systems can also support automated trading robots and complex order kinds. But how can you know which platform is best for you? In this post, we compare Metatrader 4 vs Metatrader 5platforms in detail so that you can choose which platform… Read More
Africa Business China World 

China’s trade with Africa grows to record highs

Elwin Mandowa, , , , , , , ,
– – According to China’s Ministry of Commerce, trade between China and Africa increased by 40.5 percent year-on-year in the first seven months of 2021, and was valued at a record high of USD 139.1 billion. The Ministry noted that African products were increasingly being recognised in the Chinese market, and that imports from Africa into China increased by 46.3%… Read More
Africa Business Ghana World 

The African Continental Free Trade Area is now operational

Elwin Mandowa, , , , , , , ,
– – The much anticipated African Continental Free Trade Area (AfCFTA) has become operational effective January 1, 2021 after months of delay due to the coronavirus pandemic. Officials of the secretariat in-charge of executing the trade zone had promised the deal will be operational on July 1, 2020. But when the Covid-19 hit hard, it affected plans and forced the… Read More
Africa Business World 

African trade to be impacted by No-deal Brexit and Covid-19

Elwin Mandowa, , , , , , , ,
– – A No-Deal Brexit compounded by the COVID-19 pandemic could see UK GDP fall by 6% and lose £134 billion pounds annually according to The Outlook for Trade after Brexit report. Thereport, from the leading legal global law firm Baker McKenzie and economic consultancy Oxford Economics, covers four sectors of the UK economy, automotive, consumer goods, healthcare and technology which make… Read More
Africa Business West Africa World 

Where does Intra-Africa trade fits as world scrambles for Africa

Village Reporter, , , , ,
The just ended Russia-Africa summit in Russia’s southern coastal city of Sochi has raised some concerns about the place of intra-Africa trade in what seems to be the second coming of the Eastern Europe and North Asia Giant to the Resource rich continent. Between October 23 and October 25, 2019, 43 Heads of State on the continent met with Russia’s… Read More
Africa Ghana Nigeria News and Headlines West Africa World 

Ghanaian traders push for ban on imports from Nigeria

Village Reporter, , , , ,
Ghana’s government is under pressure to ban all imports from Nigeria as a sign of disapproval to the ongoing closure of Nigeria’s borders with neighbouring West African countries. Nigeria, Africa’s top oil producer has for months now closed its borders to stop what it claims was the smuggling of rice, weapons and sub-standard goods into the country. But the closure… Read More