Latest News for: African free trade

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Biden Administration Launches Initiative to Build US-Africa Trade

Beijing News 29 Jul 2021
- In 2000, President Bill Clinton signed the African Growth and Opportunity Act (AGOA), the deal that provided African countries with unilateral, duty-free exports for 6,500 products to the U.S ... However, some critics say the trade and investment plan could undermine the African Continental Free Trade Area, which was established in 2019.
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First quarter trade statistics shows progress in AfCFTA

Business Day Online 29 Jul 2021
Due to such reasons and also the fact that regional trade has always been a priority, Africa came up with a landmark trade agreement known as the African Continental Free Trade Area Agreement (AfCFTA), which was founded and signed in March 2018 but came into effect on January 1st 2021.
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Africa Economies need digital currencies - Dr Bawumia

Ghana News Agency 29 Jul 2021
Vice-President Bawumia made the remarks when responding to a question on the readiness of the continent for an African digital currency, especially with the presence of the Africa Continental Free Trade Area (AfCFTA) at the Fifth Ghana International Trade and Finance Conference held in Accra.
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Central bank-backed digital currencies way to go - Dr. Bawumia

Graphic 29 Jul 2021
The conference was attended both physically and virtually by senior officials of African central banks, the African Union, West African Monetary Institute members of the Diplomatic Corps, and other key stakeholders in the African Continental Free Trade Area (AfCFTA).
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Digital currencies backed by Central banks the way forward for Africa – Bawumia

Joy Online 29 Jul 2021
The conference was attended both physically and virtually by senior officials of African central banks, the African Union, West African Monetary Institute members of the Diplomatic Corps, and other key stakeholders in the African Continental Free Trade Area (AfCFTA).
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Central bank controlled digital currencies are the way forward for a digitized Africa - Dr Bawumia

Ghana Web 29 Jul 2021
The conference was attended both physically and virtually by senior officials of African central banks, the African Union, West African Monetary Institute members of the Diplomatic Corps, and other key stakeholders in the African Continental Free Trade Area (AfCFTA).
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Central bank-backed digital currencies are the way forward for a digitized Africa - Dr Bawumia

Ghana Web 29 Jul 2021
The conference was attended both physically and virtually by senior officials of African central banks, the African Union, West African Monetary Institute members of the Diplomatic Corps, and other key stakeholders in the African Continental Free Trade Area (AfCFTA).
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Sahara issue resolution necessary for Africa's economic integration

Ghana News Agency 29 Jul 2021
Accra being the host of the African Continental Free Trade Agreement’s (AfCFTA) Secretariat, the discussions focused on the challenges of regional and continental economic integration, with a special focus on the role of Regional Economic Communities ... and West African countries.
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Let’s ride on the back of AfCFTA to boost cocoa value addition – Mene

Ghana Web 29 Jul 2021
The Secretary-General of the African Continental Free Trade Area (AfCFTA) secretariat, Wamkele Mene, says full implementation of the agreement will help cocoa-producing countries on the continent add value to their cocoa beans to boost revenue generation ... The Minister of Trade, Industry and SME Promotion is Mr.
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Covidnomics: 2021 Mid-Year Budget Review – Never too late to be done

Joy Online 29 Jul 2021
The African Continental Free Trade Arrangement (AfCFTA) also continues to provide us with an opportune platform for the country to leverage on its industrial agenda. In order to stand tall among our trading partners and boost intra-African trade, the government must seek to ...
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FULL TEXT: Finance Minister's 2021 mid-year budget review to Parliament

Ghana Web 29 Jul 2021
In addition, Government has committed itself to purchase, through the African Medicine Supply Platform, 17 million Johnson & Johnson single dose vaccines ... Key pharmaceutical manufacturing companies are being supported to upgrade their operations to attain Good Manufacturing Practice Standards and benefit from the African Continental Free Trade Area.
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FULL TEXT: Government's 2021 mid-year budget review statement to Parliament

Ghana Web 29 Jul 2021
In addition, Government has committed itself to purchase, through the African Medicine Supply Platform, 17 million Johnson & Johnson single dose vaccines ... Key pharmaceutical manufacturing companies are being supported to upgrade their operations to attain Good Manufacturing Practice Standards and benefit from the African Continental Free Trade Area.
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Full Text: 2021 mid-year review budget statement and economic policy

Ghana Web 29 Jul 2021
In addition, Government has committed itself to purchase, through the African Medicine Supply Platform, 17 million Johnson & Johnson single dose vaccines ... Key pharmaceutical manufacturing companies are being supported to upgrade their operations to attain Good Manufacturing Practice Standards and benefit from the African Continental Free Trade Area.
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Allow national switches to integrate into Pan African payments – Bawumia

Ghana Web 28 Jul 2021
The Conference is being attended both physically and virtually by senior officials of African central banks, the African Union, West African Monetary Institute members of the Diplomatic Corps, and other key stakeholders in the African Continental Free Trade Area (AfCFTA).
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Current structure of AfCFTA payment platform can delay process – Bawumia

Ghana Web 28 Jul 2021
... directly into it – is inefficient and likely to impede trade ... This will provide a major catalyst to the African Continental Free Trade Area (AfCFTA) agreement,” he said at the 5th Ghana International Trade and Finance Conference (GIFTiC 2021) ... Free trade and role of central banks.
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