The Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), Lord Marland has said his outfit is committed to supporting the country’s economic recovery in every way possible.
He added that his team will soon begin conversations with stakeholders in that regard.
“Our next phase is to continue to build our base of membership here. I think there is an opportunity for a conference between the city of London where we will work very closely with financial institutions here to see how we can progress with that balance sheet enhancement,” he told the B&FT in Accra while he was on a working visit.
AfCFTA
Mr. Marland also described the African Continental Free Trade Area (AfCFTA) as a paradigm-shifting initiative that could revolutionise the continent, noting that the Commonwealth is ready to support its progress as it is crucial in spurring the continents’ economic development.
“It is a remarkable agreement not only achieving a concord between multiple African countries but, we at the Commonwealth are going to work so closely with the organisation to help it prosper. The commonwealth does not subscribe to free trade agreements but there’s no doubt that we can work so closely with AfCFTA and support its progress.
I have been an international trade minister and I want to work with them to help this inccredible achievement of getting African countries to subscribe to this, to help it from getting stagnated. It needs everyone’s support,” he said.
The CWEIC hub in the country will assist with the ability to attract high-quality trade and investment opportunities, by supporting the development of enterprises through capacity building and mentoring and enhanced access to markets.
