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Tag: AfCFTA

Africa Business World 

AfCFTA rollout and climate finance must dominate AU Summit Agenda

Elwin Mandowa, , , , , , , ,
The leaders of the 55 member states of the African Union (AU) will be meeting for their 36th ordinary session of the AU Assembly on 18 and 19 February 2023 in Addis Ababa, Ethiopia. 60 years after the birth of the Organisation of African Unity, over 20 years of the AU and 40 years before 2063, this meeting serves as… Read More
Africa Business Ghana World 

Ghana summit on Africa’s prosperity opens in Accra

Elwin Mandowa, , , , , , , ,
African political and business leaders gathered in Ghana’s capital Accra on Thursday for a summit on the continent’s prosperity agenda. Dubbed the “Africa Prosperity Dialogue Series” participants have been discussing how Africa can achieve deeper economic integration between different states. Ghana is the host nation of the AfCFTA (The African Continental Free Trade Area) Secretariat, which is spearheading an agenda… 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 World 

What you need to know about the AfCFTA Guided Trade Initiative

Elwin Mandowa, , , , , ,
– – The AfCFTA Guided Trade Initiative (GTI) is the latest development designed to boost trade in the Africa’s continent-wide free trade zone. The GTI was launched in October 2022 with the aim of testing meaningful, continuous trade under AfCFTA and to assist in the development of regional value chains that will allow for more climate-friendly, sustainable trade across the… 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 Featured Ghana West Africa World 

AfCFTA honours ex-Nigerien leader with a statue in Ghana

Elwin Mandowa, , , , , , , , , , ,
– – 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… Read More
Africa Ghana World 

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

Elwin Mandowa, , , , ,
– – 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… Read More
Africa Business World 

AfCTFA: Why Africa needs robust fraud management system

Elwin Mandowa, , , , , ,
– – 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… 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 World 

AU commission says ‘some military coups are inevitable’

Village Reporter, , , ,
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… Read More