Africa Business Featured Ghana West Africa World 

AfCFTA honours ex-Nigerien leader with a statue in Ghana

– – A bronze bust statue on a marble stone has been unveiled at a ceremony in Ghana’s capital, Accra to honour former president of Niger, Mahamadou Issoufou. The statue was unveiled in the presence of five African heads of state at the forecourt of the secretariat of the African Continental Free Trade Area (AfCFTA) based in Accra. Issoufou was honored for his role in getting the continental free trade deal finally activated after decades of delay and inaction. In a statement the AfCFTA secretariat and its partners said Issoufou…

Read More
Africa Ghana World 

Ghana ‘clashes’ with AfCFTA boss over ‘fake’ Covid test results

– – The Ghana Health Service (GHS) is in tango with the Secretary General of the African Continental Free Trade Area Wamkele Mene over his covid-19 status. On April 27, the AfCFTA Secretariat revealed that its Secretary General was given a ‘false’ covid-19 results after taking the PCR test at the Kotoka International Airport. Subsequently, Mr. Mene went into quarantine and took two tests from private laboratories on the advice of his medical team. According to the secretariat, both tests came out negative, raising concerns about the efficacy of the…

Read More
Africa Business World 

AfCTFA: Why Africa needs robust fraud management system

– – Emmanuel Obinne, West Africa Head of Growth and Partnerships at BPC Banking Technologies is advocating for a robust payment system for trade under the African Continental Free Trade Area. This according to him is crucial in averting any attempt by fraudsters to take advantage of loopholes in the various payment systems. He was speaking in an interview on the new approach by fraudsters in the wake of the COVID 19 pandemic. “Iam actually excited about the Free Trade Area being set up and here we are talking about…

Read More
Africa Business Ghana World 

The African Continental Free Trade Area is now operational

– – 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 setting of a new date for operating the deal. African Union Heads of State and Government during a virtual meeting of the 13th Extra Ordinary Session of the Assembly of…

Read More
Africa World 

AU commission says ‘some military coups are inevitable’

The African Union Commission Deputy Chairman Kwesi Quartey has said that although the Union hopes coups do not take place, some of them are inevitable. The Ghanaian diplomat told DW that “we are concerned. But we also recognize that the military is a backbone of the state and in a situation of chaos normally the military will not sit down and watch the political situation fall apart. So, some of it is inevitable”. But the deputy AU commission chief reminded the world that despite a push for democracy in Africa,…

Read More
Africa Business East Africa Rwanda World 

Rwanda to host global business forum on AfCFTA

Rwanda is set to host a major investment forum on August 9 with focus being placed on the Africa Continental Free Trade Area (AfCFTA) and how to attract Foreign Direct Investments. The forum is dubbed the Golden Business Forum and is set to host over 600 investors and delegates from across the world. Set to take place at Rwanda’s Radisson Blu and Convention Center it will seek to connect Africa Continental Free Trade Area (AfCFTA) to the rest of the world. Rwanda Private Sector Federation (PSF) is the organizing body.…

Read More