The second Intra-African Trade Fair (IATF2020) initially scheduled for September 1 – 7 2020 in Kigali, Rwanda has been put off to  September 2021. The organisers of the biannual trade event African Export-Import Bank (Afreximbank), the African Union (AU), and the host of this year’s event the Government of Rwanda...
The African Export-Import Bank (Afreximbank) has announced a US$3-million grant to complement continental efforts to combat the COVID-19 pandemic. Afreximbank President Prof. Benedict Oramah, who made the announcement in Cairo, said that the grant was in response to a request by African heads of state, through the auspices of the African Union...
The decision to involve Rural and Community Banks in the distribution of funds from the COVID-19 stimulus package to businesses is both proper and timely. Together with the EXIM Bank and other commercial banks, the RCBs will ensure the stimulus package reaches all potential SMEs earmarked to receive the...
TIN mandatory full modalities out next week To ensure that the COVID-19 stimulus package for businesses reaches the four corners of the country, Rural and Community Banks would be part of the channels to be used in the distribution of funds, in addition to the EXIM Bank and...
The Ghana Union of Traders Association (GUTA) is unhappy with the Ghana Shippers’ Authority over modalities being used to implement the directives to waive demurrage and rent charges. The Ghana Shippers’ Authority has sent a notice to all its stakeholders that the directive to waive demurrage and rent charges at...
… to energise Africa’s industrial capabilities post COVID-19 Legal, policy and transactions specialist David Ofosu-Dorte wants the July 1 starting date for the African Continental Free Trade Area (AfCFTA) maintained. According to him, the move will engage the consciousness of African leaders and push them to support each other -...
The Ghana Export Promotion Authority (GEPA) is anticipating an export boom post COVID-19, and is therefore stocking its website with export educational materials aimed at training interested persons to understand the nuances of export. According to the authority, the lockdown provides it with a great opportunity to empower many people...
In light of the global COVID-19 pandemic and what is happening across the world and the continent, it is no longer feasible to implement the African Continental Free Trade Area (AfCFTA) on July, 1 as planned. With the closure of most land and sea borders, as well as airports, it...
A leading research and public policy think-tank is calling on the African Union to defer the July 1st date for commencement of trading under the African Continental Free Trade Area (AfCFTA). “In light of the global pandemic and what is happening across the world and the continent, it is no...
President Nana Addo Dankwa Akufo-Addo has declared that the nation's borders will continue to remain shut until the decision is reviewed. This, according to the President, will enhance the efforts to slow the spread of COVID-19 in the country since a major number of confirmed cases in recent times were...