Business
Stanbic holds talks with Chinese ambassador over enhanced Ghana – China Trade Ties
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […]
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Business
Over 700 Ghanaian products absorbed under AfCFTA’s Guided Trade initiative – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo, has during the State visit of the President of Guinea-Bissau Umaro Mokhtar Sissoco Embaló, announced the giant strides being made by Ghanaian products under the Guide Trade Initiative of the African Continental Free Trade Area (AfCFTA). Following the maiden roll out of the Guided Trade Initiative, President Akufo-Addo said, over […]
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Banking & Finance
Zenith Bank spotlights opportunities for women in business
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […]
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Africa
WTO reform is everyone’s responsibility
By Ngozi OKONJO-IWEALA Taking place in challenging and uncertain times, the World Trade Organization’s 13th Ministerial Conference in Abu Dhabi produced mixed results: a few successes, but also some disappointments. By contrast, the previous ministerial conference, held in June 2022, concluded with the adoption of numerous multilateral agreements and decisions, giving the WTO a temporary […]
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General
Trader remanded after court issued bench warrant
An Accra Circuit Court has remanded into police custody a 25-year-old trader, Michael Azu, for failing to appear in court. On December 7, 2023, Azu, who is being held for defrauding by false pretence, failed to turn up in court and a bench warrant was issued for his arrest. When accused person appeared before the […]
The post Trader remanded after court issued bench warrant
Banking & Finance
UBA, GEPA partner for AfCFTA trade liberalisation seminar for exporters
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […]
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News
Women entrepreneurs need inspiration to accelerate development
By Samuel SAM The need to inspire and empower more successful women entrepreneurs to drive socio-economic development was highlighted at the GNCCI-GIZ Women Conference held in Tamale under the theme ‘Making AfCFTA Work through a Deliberate Inclusion of Women Entrepreneurs’. At the event, Hamidu Hamza Saana, the Northern Regional Director of the Ministry of Trade […]
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Business
Ghana’s export earnings stagnate at $2.8bn as contribution of cocoa drops by $200m
The latest assessment of Ghana’s external sector developments shows that the country earned $2.8 billion from its major exports in the first two months of 2024. On a year-on-year basis, however, the value of exports did not see any significant growth from the same $2.8 billion posted as of February the previous year. The figure […]
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General
Northern Ghana targets trade growth during investment summit
The second edition of the Northern Trade, Industry, and Investment Summit was inaugurated at the Dungu campus of the University for Development Studies (UDS) by Lawyer Sulley Sambian, the Chief Executive Officer (CEO) of the Northern Development Authority (NDA). With a theme focused on “Enhancing Trade and Industries in Northern Ghana through Capacity Development and […]
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News
Ghana and Suriname aim to strengthen trade relations
Ghana and Suriname have expressed a mutual interest in strengthening their trade relations. This intent was pronounced by the Ambassador Extraordinary and Plenipotentiary of the Republic of Suriname, Fidelia Graand-Galon, during a pivotal meeting with officials from the Ghana Shippers Authority (GSA) on February 22, 2024. The discussions were centered on pinpointing potential business ventures for both […]
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Business
AFLA_TON Trade Exhibition Set For March
Delilah Mercer, Selassie Tetevie THE AFRICAN Furniture Lighting Accessories Trade Exhibition (AFLA_TON), scheduled to take place between March 5-29 2024, is poised to provide a significant platform for the showcasing of interior furniture, lighting, and
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Headlines
Process to monitor agric trade within ECOWAS takes off
A ‘Training of Trainers’ exercise for FSRP National and Regional technical teams on data collection and reporting tools for the ‘ECOWAS Agricultural Trade and Markets’ SCORECARD (EATM-SCORECARD) is ongoing in Abuja, Nigeria. The objective of the EATM-S is to assess and track the performance of agricultural trade by member-countries within the ECOWAS sub-region. This regional […]
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Africa
The United States deeply committed to Africa Trade
By Julie LeBLANC The United States is deeply committed to its role as a steadfast economic and commercial partner to African nations. This commitment was recently highlighted by Secretary of State Anthony Blinken’s visit to West Africa, including stops in Nigeria – both in Abuja and Lagos – as well as in Cabo Verde, Cote […]
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Business
Ghana Shippers’ Authority participates in Ghana Expo 2024 in Tanzania
In line with Ghana’s strategy to increase trade within Africa under the Africa Continental Free Trade Area (AfCFTA), the Ghana Shippers’ Authority (GSA) in collaboration with the National Coordination Office (NCO) of the AfCFTA participated in the Ghana Expo 2024 in Tanzania from Wednesday 24th January to Sunday 28th January 2024, at the Mlimani City Conference Centre […]
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Aviation
Build synergies for sustainable business in Africa – GATAC President
The African continent is poised to reach a population of 1.1 billion people by 2040, making it the largest workforce globally. In line with the ambitious ‘Agenda 2063’, the African Union has set forth a strategy for a prosperous Africa rooted in inclusive and sustainable development. Dr. Dominic Oduru Antwi, the President of the Global […]
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Business
Ghana uniquely positioned to tap into key international trade corridors – Marco Forgione
The Director General of the Institute of Export (IOE) & International Trade, Marco Forgione has called for the establishment of structures and infrastructure to complement efforts aimed at enhancing free trade activities in Africa, especially Ghana. According to him, these measures are vital to achieving the needed goals to boost free trade activities on the […]
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Business
Trade Balance Suffers Marginal Decline
Dr. Ernest Addison GHANA’s TRADE account has recorded a marginal decline despite recoding a surplus of US$2.63 billion for 2023. The figure was lower than the US$2.87 billion surplus
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