The Ministry of Trade and Industry (MoTI) has inaugurated the Steering Committee for the National Export Development Strategy (NEDS), made up of top executives to bring on board their expertise and pull resources together to ensure a successful national export strategy. The Steering Committee comprises Chief Executive Officers of some...
To increase the negligible volume of trade and promote more bilateral intra-African trade between Ghana and Namibia, the Ghana Export Promotion Authority (GEPA) and Namibia High Commission have identified the cosmetics industry as having viable potential for trade. Statistics show that the bilateral trade value between the two countries in...
Importers and exporters in the Ashanti, Bono, Bono East and Ahafo Regions have been sensitised to take advantage of the Africa Continental Free Trade Area (AfCFTA) agreement. The event, organised by the Ghana Shippers’ Authority (GSA) in Kumasi on Tuesday, 15th November, 2022, was also meant to appraise importers and exporters...
Secretary General of the African Continental Free Trade Area (AfCFTA), H.E. Wamkele Mene is advising Africans to Develop agricultural food value chains, eliminate tariffs and non-tariff barriers to trade in basic agricultural products and take advantage of the AfCFTA to achieve food security in Africa and uplift small holder...
The Indian High Commissioner to Ghana, Sugandh Rajaram, has urged Indian businesses to seize the opportunity the Ghanaian market offers in order to position themselves for the African Continental Free Trade Area (AfCFTA). The decision to choose Ghana as host of the AfCFTA secretariat increased the nation’s chances for its...
Trade between Ghana and the United Kingdom (U.K.) is targetted to grow to £1.4 billion in value as the two countries commit to a new three-party partnership, including Rwanda, which is expected to boost trade opportunities between local businesses and their foreign counterparts. According to the British High Commissioner to...
Africa’s potential as an automotive market is very clear, says Mike Whitfield, the Managing Director of Nissan Africa. The continent has only 1% of the world’s automotive production, but accounts for 17% of its population. But if this potential is to be unlocked, then all stakeholders have to work together...
African Export-Import Bank (Afreximbank) and the Silverbird Group signed a partnership agreement on the side-lines of the Africa Investment Forum to build West Africa’s largest and most modern educational and film studio complex in Lagos, Nigeria. The partnership was signed by Helen Brume, Director, Project & Asset-Based Finance, Afreximbank and...
Six years after the successful implementation of the government’s flagship programme, One District One Factory (1D1F) under the leadership of the Trade Minister, John Alan Kwadwo Kyerematen, about 175 factories are currently operating in the country. Mr. Kyerematen spearheaded the ambitious industrialisation policy with a mindset of creating jobs and...
The Monetary Authority of Singapore (MAS), Bank of Ghana (BOG) and Development Bank Ghana (DBG) have signed a Memorandum of Understanding (MoU) to develop the Ghana Integrated Financial Ecosystem (GIFE). The GIFE aims to enhance financial capabilities and access for micro, small and medium enterprises (MSMEs) in Ghana, and generate...