A delegation from the Africa Union Continental Free Trade Area (CFTA) has arrived in Accra to assess Ghana’s bid to host its secretariat.
Ghana is among six other countries that have put in a bid to host the CFTA secretariat which aims at establishing a single market across the continent and extending the provision of regional public goods, beyond hard infrastructure.
The rest are eSwatini, Egypt, Ethiopia, Kenya, Senegal and Madagascar.
Information minister Kojo Oppong Nkrumah on behalf of government received the 10 man AU delegation led by Ambassador Rosette Nyirinkindi Katungye, an advisor on Regional Integration at the Bureau of the office of the AU Chairperson.
He said the delegation was in town to inspect Ghana’s preparedness as one of the countries bidding to host the secretariat.
According to him, Ghana was looking forward to grabbing the opportunity which some with several benefits including the creation of jobs.
“In the coming days, Ghanaian officials will take them around on inspection to show our preparedness. If you have the secretariat in your country, it is a huge deal which will bring many opportunities for the growth of this country” he told reporters.
The Africa Continental Free Trade area is a planned free trade area outlined in the Continental Free Trade Agreement among 49 of the 55 AU nations.
President Akufo-Addo in March last year appended his signature to the three legal instruments namely the Agreement establishing the Continental Free Trade Area; the Protocol on Free Movement of Persons and the Kigali declaration which have brought the CFTA into being.
Have your say
More Business Headlines
- Frimps Oil denies 'cheating' customers
- Leveraging technology for improved living – Jumia shows the way
- AfDB showcases impact of Korean drone technology on agricultural productivity
- Firmus Advisory holds stakeholder engagement for regulatory agencies
- VIDEO: Savings and Loans sector cleanup: To panic or not to panic
- We’re still in business – ECG boss
- Disease lowers Ghanaian cocoa output, processors must import – Sources
- Gov’t commits to funding environment-friendly houses
- No foreign participation in Ghana's ESLA bond - BoG
- Huawei Ghana allays fears about brand future: unveils new Y9 Prime 2019
- Agric ministry triggers interventions to contain reemerging Fall Army Worms
- MTN urges young entrepreneurs to embrace digital marketing
- Trade Minister urges European businesses to establish presence in Ghana
- Dubai Chamber to host 5th Global Business Forum on Africa
- Africa sees increase in foreign investment, bucking global trend