The Jospong Group of Companies (JGC) - through its subsidiary Zoomlion Nigeria Limited - has entered into a landmark export agreement with FIMA Industries GmbH, a renowned Austrian firm specialising in green technologies and sustainable solutions. This significant agreement marks a major milestone in Jospong Group's efforts to expand its...
By Bernard Yaw ASHIADEY & Ebenezer Chike Adjei NJOKU As African trade continues to lag behind global averages, financial institutions – compliance and trade facilitating functions are turning to cutting-edge digital solutions to navigate the complex landscape of regulatory compliance without hampering economic growth and breaching the regulatory sanctions. This...
Ghana is set to host a landmark event that will shape the future of African industrialization and economic development. The Minister for Trade, Kobina Tahir  Hammond, will headline the official launch of the Ambidexterity for Africa (A4A) Policy Framework today, September 10, 2024, at the Labadi Beach Hotel, Accra. The...
By Ernest Bako WUBONTO Chief Executive Officer-Ghana Investment Promotion Centre (GIPC), Yofi Grant, has urged African nations to monetise their natural resources to generate the revenue required for creating transgenerational transformative wealth. With Africa recorded as being home to some 30 percent of the world's mineral reserves, 40 percent of the...
By Bernard Yaw ASHIADEY & Ebenezer Chike Adjei NJOKU The African Export-Import Bank (Afreximbank) is intensifying its efforts to boost African trade, which has remained stubbornly below 3 percent of global commerce. Mr. Jean Arsène Yerima, Regional Chief Operating Officer, Francophone West Africa, Afreximbank – in a speech on behalf...
The 5th edition of  the "This is Ghana" Exhibition, held over the weekend by Channel One TV and Citi FM, was a remarkable success, drawing over 120 exhibitors and thousands of patrons. The event celebrated the diversity of Ghanaian-made products and services, with offerings ranging from Agribusiness, Food and...
By Korsi DZOKOTO In an era where global competition is intensifying and economies are racing to leverage every possible advantage, Ghana's shift towards a 24-hour economy in the trade sector represents a significant step forward. This strategic move is designed to enhance trade operations, increase global competitiveness, generate employment, reduce food...
By Juliet ETEFE  The Secretary-General of the African Continental Free Trade Area (AfCFTA),Wamkele Mene  has called for the deepening of intra-African trade to enhance the continent's self-sufficiency. In his speech at the 2024 Ghana Economic Forum (GEF), the Secretary-General emphasized the shared challenges faced by African nations, including global financial pressures,...
Discussing the introduction of the African Continental Free Trade Area (AfCFTA) agreement at the Africa Unlocked conference in Cape Town recently, panel members said that intra-Africa trade accounted for about 16% of Africa’s exports. In contrast, levels in Asia have reached 55%, North America 49%, and countries within the EU...
The recent 'Build and Construction' Trade Mission to Nigeria and Ghana, organised by the UK’s Department for Business and Trade (DBT), is envisaged to significantly impact the construction sectors in both West African nations. UK companies had a chance to identify new business opportunities and build valuable connections, potentially transforming...