With poor road, rail links, border bureaucracy et al, integration under AfCFTA remains tough ask

The continent needs to step up efforts to improve road and rail networks, eliminate excessive border bureaucracy, corruption and violent conflicts if it is to achieve full economic integration under the African Continental Free Trade Area (AfCFTA). These, according to Kwadwo Osei-Asante, a consultant to Ghana Chamber of Construction Industry (GhCCI) are critical factors that …

Spark Up Summit: We’re working towards a 5% growth rate – President assures

In spite of the ravages of the COVID-19 pandemic which have brought many economies to their knees, the government is working to attain five per cent growth in domestic productivity.President Nana Addo Dankwa Akufo-Addo, who gave the assurance, said pursuing that level of growth for the economy would enhance the prospects of a win-win environment …

Experts call for dev’t of transport systems among others to realize benefits of AfCFTA

Maritime industry experts have called for the development of a robust maritime industry for effective trading within the single continental market. Africa has been opened up for free trading, since the beginning of 2021, with the introduction of the African Continental Free Trade Area, but experts believe much is left to be desired in terms …

World Bank approves US$103 million to reverse land degradation in Ghana

The World Bank has approved US$103.4 million for Ghana to reverse the degradation of about three million hectares of land and strengthen the country’s integrated natural resource management. The Ghana Landscape Restoration and Small-Scale Mining project will focus on land-use planning for integrated landscape management and promote sustainable mining by helping formalise artisanal and small-scale …

Health Ministry receives 244,800 additional doses of COVID-19 vaccine

The Ministry of Health yesterday took delivery of 244,800 additional doses of the Johnson & Johnson coronavirus disease (COVID-19) vaccine.The single schedule vaccine was procured by the government through the AU-African Vaccine Acquisition Trust (AVAT) initiative. It brings to 422,400 the doses of Johnson & Johnson vaccines received under the AVAT, including those from other …

Land registration should be done within a month – Akufo-Addo charges new Lands Commission Board

President Nana Addo Dankwa Akufo-Addo, has said it is the aim of his government to work assiduously to fully digitalize the operations of the Lands Commission to enable the registration of lands in a month. According to him, most of the reforms needed to build efficient land administration in the country will be within the …

UK’s Minister for Africa announces £250,000 to support ongoing security and stability

Two weeks after UK-donated COVID-19 vaccines arrived in Ghana, the UK Minister for Africa James Duddridge has arrived in Accra for a two-day visit to the country. Ghana’s long-term prosperity is central to the UK-Ghana partnership and security and stability is essential to the country’s growth. Together the UK and Ghana are partnering to tackle …

Ghana, North Rhine-Westphalia sign agreement

Ghana and the North Rhine-Westphalia State of Germany have signed an agreement to deepen the ties between the two in seven areas of co-operation.The agreement covers non-governmental, not-for-profit and private-sector organisations, diasporan organisations, religious organisations of all denominations, business corporations, local councils, educational establishments and the GIZ development agency. The Minister of Foreign Affairs and …

Access AfCFTA through Ghana

Government is engaging the European Union (EU) and other major economic and trade partners across the world to consider Ghana as an investment destination to access the African Continental Free Trade Area (AfCFTA), the Special Advisor on AfCFTA at the Ministry of Trade and Industry, Anthony Nyame Baafi, has said. According to him, Ghana remains …

World Bank Country Director lauds BoG’s domestic gold purchase programme

The World Bank has lauded the Bank of Ghana’s domestic gold purchase programme, which among others seeks to help shore up the country’s foreign reserves. According to the central bank, the move will enable it buy gold from selected local aggregators and mining firms and pay in the local currency at the prevailing market price. …