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...
As the African Continental Free Trade Area (AfCFTA) agreement moves forward, civil society organizations are emerging as key players in ensuring its success and inclusivity.
At a recent ECOSOCC-WACSI side event in Accra, experts highlighted the critical role these groups can play in advocating for marginalized communities and promoting inclusive...
By Kizito CUDJOE
The African Continental Free Trade Area (AfCFTA) Secretariat and AFRICA24, Africa’s premier TV media group, have inked a historic Memorandum of Understanding (MoU) designed to enhance the Continental Free Trade Area and economic integration through a series of high-impact initiatives.
The MoU, signed at the AfCFTA Secretariat’s headquarters...
By Emmanuel AKOMEA
The Alliance of African Multilateral Financial Institutions (AAMFI) has jointly dedicated a US$62 billion fund to address the continent's critical trade and investment gaps.
The Alliance aims to collaborate to address Africa’s development finance needs, promote the interests of member states, advocate for Africa on global finance issues,...
The International Trade Centre (ITC) and African Export-Import Bank have held a capacity-building exercise for some Small and Medium-sized Enterprises (SMEs) in the cocoa and coffee sector. The aim was to equip them with knowledge on leveraging the myriad of opportunities from the African Continental Free Trade Area (AfCFTA)...
By Juliet ETEFE
Former Nigerian Vice President Yemi Osinbajo has underscored the need to intensify collaboration to attain significant prosperity on the continent, especially in intra-African trade and infrastructure.
In an interview with B&FT at the BOMA of Africa event held in Accra, he noted that Africa’s strength lies in...
By Emmanuel AKOMEA
The Ghana-Nebraska Agribusiness Growth and Trade Relations Chamber (GNEBCham) has been officially launched, signalling a new era of collaboration between Ghana and Nebraska to grow the sector and promote trade.
GNEBCham is the international representative arm of selected Nebraska senators, farmers, agribusinesse and subsidiaries voluntarily working together with...
By Mohammed AWAL ([email protected])
Ghana's trade with the European Union saw a decline in value last year, with total trade amounting to €6billion.
This represents a 3 per cent decrease compared to the previous year, according to Minister of Trade and Industry Kobina Tahir Hammond.
Speaking at the 2nd Ghana-EU Business Forum...
Global trade trends turned positive in the first quarter of 2024, with the value of trade in goods increasing by around 1% quarter-over-quarter and services by about 1.5%.
This surge, fueled by positive trade dynamics for the United States and developing countries, particularly large Asian developing economies, is expected to...