Trade and Industry Minister, Alan Kwadwo Kyeremanteng, reiterates that the single continental market for intra-Africa trade could fast-track Africa’s recovery from the shocks of the coronavirus pandemic.
“AfCFTA provides a unique platform to guide Africa’s post-Covid-19 economic recovery efforts; it is worth noting that AfCFTA’s protocols on services have the potential of creating a robust ecosystem that will support the productive sectors of African countries,” he airs at the AfCFTA-Angola Business Forum.
The forum talks about several avenues for boosting intra-Africa investment, specifically between Angola and the rest of the continent investments, which is one of the key deliverables of the AfCFTA.
According to the Trade and Industry Minister, there are several areas for business cooperation between Ghana and Angola and task Ghanaian entrepreneurs and business leaders to explore existing investment opportunities.
According to him, Ghana and Angola have a lot to gain from working together in fields such as agriculture, fisheries, industry, oil and gas as well as value-added materials and mineral resources, under the AfCFTA framework.
Mr. Kyeremanteng encourages businesses from both countries to deepen their understanding of the continental market, especially on the various protocols to be able to fully take advantage of the market.
The minister further applauds the zeal and determination of the leaders of the continent that leads to the concrete decision to establish the single continental market for trade, which is the largest trading bloc outside the WTO.
“It is no longer a matter of international debate that Africa is rising; Africa is indeed rising because of the commitment and dedication of a new generation of leaders who are leading its renaissance.
It is therefore not by chance or accident that the AfCFTA Secretariat is playing host to a business forum that seeks to deepen the trade and investment between Angola and various African countries including Ghana,” he concludes.
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January 21, 2024
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