Grand UK investments in Africa’s green energy transition are more focussed on boosting British exports in an ’unsustainable’ trade relationship,’ development experts say.
The AfCFTA can truly make Ghana a gateway for the African market. US companies already see the opportunity, said US Ambassador to Ghana.
Taiwan hopes to update 1994 investment agreement.
The preparations for the negotiations of the Investment Protocol under the AfCFTA agreement (The Agreement) are already underway though still in the early stages.
If the states of the world take seriously their own rhetorical commitments to climate change mitigation, job creation, and sustainable development, they must reject the free trade paradigm.
In terms of negotiations rules of origin, tariff schedules, trade in services commitments and non-tariff barriers have to be finalised.
African nations should not be expected to take the lead in addressing a climate emergency they did not create. The priority for Africa is to receive support and investment to build resilience and adapt to climate impacts.
The President of African Insurance Organization, Mr Tope Smart, has said the organisation is examining how the insurance sector can best integrate into the African Continental Free Trade Area.
The Commercial Operations Officer, Dangote Group, yesterday called for the reform at ports in Africa as well as the ease of regulations and bureaucracy, in order to realise benefits of the African Continental Free Trade Area agreement.
To sustain momentum after the AfCFTA’s January launch, traders must be kept in the loop about why implementation is slow.
Arab-African trade has enormous potential but is held back by a number of bottlenecks. The Second Arab-Africa Trade Forum in Cairo revealed new ways to take trade forward.
The African Organisation for Standardisation and the African Continental Free Trade Area Secretariat have signed a Memorandum of Understanding on the implementation of the AfCFTA agreement.
AfCFTA, in collaboration with Afreximbank, has plans to roll out a $10 billion adjustment fund for countries that might suffer revenue loss arising from the elimination of tariffs on goods produced in the continent.
The Ministry of Trade and Industry is working with the Japanese External Trade Organisation (JETRO) to attract more Japanese investments into the country.
Mr Sugandh Rajaram, the Indian High Commissioner to Ghana, has reiterated the Government of India’s commitment in partnering Ghana for development.
Countries yet to ratify the African Continental Free Trade Agreement (AfCFTA) have been urged to do so.
The Trades Union Congress, Ghana, in partnership with the International Trade Union Africa has organized a capacity building training on the Africa Continental Free Trade Agreement for Trade Union Leaders in the country.
Africa’s new free trade area could transform the continent’s economy. But without strong social protections, it may result in more precarious work.
The AfCFTA Secretariat and the Ministry of Commerce of China agreed to establish an Expert Group to collaborate in areas such as experience-sharing on intellectual property rights, digital trade, competition policy, and others.
The Tunisian General Labour Union (UGTT) is organising a workshop on “the prospects and challenges of trade union action under the African Continental Free Trade Area (AfCFTA): Opportunities and risks.»