Home | Goldstreet Business
Tuesday, January 26, 2021
  • Home
  • General News
    • Extractives
    • Auto
  • Business
    • Banking and Finance
    • AgriBusiness
    • Insurance
    • Mining
    • Oil and Gas
    • Real Estate/Housing
  • News
    • Top Stories
    • Agriculture
    • Maritime/Aviation
    • Energy
    • Education
    • Construction
  • Technology
    • ICT
    • Telecom
  • World
    • Africa
    • International
  • Editorial/Features
  • GSB Data Services
No Result
View All Result
  • Home
  • General News
    • Extractives
    • Auto
  • Business
    • Banking and Finance
    • AgriBusiness
    • Insurance
    • Mining
    • Oil and Gas
    • Real Estate/Housing
  • News
    • Top Stories
    • Agriculture
    • Maritime/Aviation
    • Energy
    • Education
    • Construction
  • Technology
    • ICT
    • Telecom
  • World
    • Africa
    • International
  • Editorial/Features
  • GSB Data Services
No Result
View All Result
Gold Business Logo
No Result
View All Result
Home Business

All AfCFTA functions transferred from Ethiopia to Ghana

January 6, 2021
in Business, General News, Investment
0
54 out of 55 countries have signed AfCFTA agreements – Secretary-General

Mene Wamkele, AfCFTA Secretary-General

Share on FacebookShare on Twitter

The African Union has transferred all functions related to the African Continental Free Trade Area (AfCFTA) Agreement from Addis Ababa, Ethiopia to Accra, Ghana.

The decision of the 13th Extraordinary Session of the Heads of State and Governments, positions Ghana as a gateway to trade and investment in Africa.

RELATED POSTS

NBSSI Opens Digitalisation Support Scheme Application

Ghana to become regional top performer in palm oil production

Mr Wamkele Mene, Secretary-General of AfCFTA, speaking at a Business Forum at the commencement of AfCFTA Trading in Ghana: Implementation Arrangements, said the AfCFTA Secretariat in Ghana was not only a symbol of confidence in the country but also signalled that Ghana was the commercial and trade Centre of Africa.

The transfer was recommended by the Secretary-General of AfCFTA.

We now have 54 countries out of 55, who have signed the Agreement with 34 depositing their instruments of ratification, Nigeria being the 34th country on the morning of December 5, 2020.
Ghana was one of the first countries to sign and ratified the Agreement.

AfCFTA is a free trade area founded in 2018, with trade commencing as of 1 January 2021.

It was created by the African Continental Free Trade Agreement among 54 of the 55 African Union member nations.

The free-trade area is the largest in the world in terms of the number of participating countries since the formation of the World Trade Organization.

Accra, Ghana serves as the Secretariat of AfCFTA and was commissioned and handed over to the AU by President Nana Akufo-Addo on August 17, 2020 in Accra.

He said through the AfCFTA, Accra, Ghana had been established as a trade and commercial diplomacy capital of the Continent.

He said the Secretariat gave practical meaning to Ghana’s long-standing ideals to Pan-African.

“I am truly proud to be part of the historic journey that Ghana has begun to pioneer for the African continent,” he said.

He informed that the Secretariat was determined to eliminate tariffs and non-tariffs barriers on trading in Africa, because African countries were collectively undertaking commitments to liberalise significantly by eliminating tariffs by 97 per cent.

Mr Mene commended government and the people of Ghana for their commitment and dedication to the implementation of the Agreement.

He said by organising the forum, Ghana continued to lead and to affirm her commitment to an integrated market on the African continent.

He said January 1, 2021 was a historic day for the African continent and that day the Continent took a step closer to a vision of an integrated Africa and boosting intra-African trade and eventually creating a single market.

“We have embarked on a journey of making the AfCFTA work for Africa and make it work for small businesses, women in trade and young Africans,” he added.

Mr Alan Kyerematen, Minister of Trade and Industry, commended President Akufo-Addo for his commitment to the implementation of the Agreement.

He said as a Ministry, they had built a solid and sound foundation for the operationalisation of AfCFTA in Ghana.

He informed that the Ministry had conducted a series of sensitization and orientation programmes for the private sector to take advantage of opportunities.

He said the Ministry had established the National Coordination Office to provide management support for the implementation of the programme.

“We have also developed a National Action Plan or Programme, which provides detailed activities to support the private sector,” he said.

Mr Kyerematen said they had also under the direction of the President installed an institutional support structure to ensure the success of the programme.

The Minister said at the base of this structure was the technical working groups to assist the private sector in various areas of implementation.

Participants were taken through topics like Exporting and importing under AfCFTA-Process Flow, Opportunities for AfCFTA Trading for SMEs in Ghana using E-Commerce and Market Opportunities under AfCFTA.

60

SHARES
facebook Share on Facebook
Twitter Tweet
Follow Follow us
custom Share
custom Share
custom Share
custom Share
custom Share
Source: Goldstreet Business
Tags: AfCFTA
ShareTweetShare

Related Posts

NBSSI Opens Digitalisation Support Scheme Application

NBSSI Opens Digitalisation Support Scheme Application

January 26, 2021
Ghana to become regional top performer in palm oil production

Ghana to become regional top performer in palm oil production

January 26, 2021
Ghana Association of Bankers appoints Mansa Nettey as new president

Ghana Association of Bankers appoints Mansa Nettey as new president

January 26, 2021
Ghana Revenue Authority targets GH₵60 billion tax revenue for 2021

Ghana Revenue Authority targets GH₵60 billion tax revenue for 2021

January 26, 2021
UBA Ghana’s Long-Term IDR upgraded to ‘B’: Outlook Stable – Fitch

UBA Ghana’s Long-Term IDR upgraded to ‘B’: Outlook Stable – Fitch

January 26, 2021
Next Post
Court grants injunction against NDC MP-elect for Assin North

Court grants injunction against NDC MP-elect for Assin North

Pandemic to push over 115 million people into extreme poverty – World Bank

Global Economy to Expand by 4% in 2021; Vaccine Deployment and Investment Key to Sustaining the Recovery

Discussion about this post

Archives

<
January 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
▼
>
MonTueWedThuFriSatSun
    123
45678910
11121314151617
18192021222324
25262728293031
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
      1
2345678
9101112131415
16171819202122
23242526272829
30      
   1234
567891011
12131415161718
19202122232425
262728293031 
       
 123456
78910111213
14151617181920
21222324252627
282930    
       
     12
3456789
10111213141516
17181920212223
24252627282930
31      
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
1234567
891011121314
15161718192021
22232425262728
2930     
       
    123
45678910
11121314151617
18192021222324
25262728293031
       
  12345
6789101112
13141516171819
20212223242526
27282930   
       
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
     12
3456789
10111213141516
17181920212223
242526272829 
       
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
    123
45678910
11121314151617
18192021222324
252627282930 
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
      1
2345678
9101112131415
16171819202122
23242526272829
30      
   1234
567891011
12131415161718
19202122232425
262728293031 
       
1234567
891011121314
15161718192021
22232425262728
293031    
       
     12
3456789
10111213141516
17181920212223
24252627282930
       
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
1234567
891011121314
15161718192021
22232425262728
2930     
       
    123
45678910
11121314151617
18192021222324
25262728293031
       
    123
45678910
11121314151617
18192021222324
25262728   
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
     12
3456789
10111213141516
17181920212223
24252627282930
31      
   1234
567891011
12131415161718
19202122232425
2627282930  
       
1234567
891011121314
15161718192021
22232425262728
293031    
       
     12
3456789
10111213141516
17181920212223
24252627282930
       
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
    123
45678910
11121314151617
18192021222324
252627282930 
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
      1
2345678
9101112131415
16171819202122
23242526272829
30      
   1234
567891011
12131415161718
19202122232425
262728293031 
       

RECOMMENDED

NBSSI Opens Digitalisation Support Scheme Application

NBSSI Opens Digitalisation Support Scheme Application

January 26, 2021
Ghana to become regional top performer in palm oil production

Ghana to become regional top performer in palm oil production

January 26, 2021

MOST VIEWED

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Energy
  • Health
  • Auto
  • International
  • Subscription Form
  • Staff Webmail
  • About Us
  • Contact Us
Call us: +233 24 432 0902 | info@goldstreetbusiness.com

© Copyright © 2020 goldstreetbusiness.com. All Rights Reserved.

No Result
View All Result
  • Homepages
    • Homepage Layout 1
    • Homepage Layout 2
  • World
  • Business
  • Technology
  • Health

© Copyright © 2020 goldstreetbusiness.com. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.