
Audio By Carbonatix
The Minister of Trade and Industry, Alan Kyerematen has lauded a leading Ghanaian logistics company, McDan Group, for successfully signing an agreement with African Continental Free Trade Area secretariat to facilitate the haulage of goods under the African Continental Free Trade Area.
The agreement which was signed on Friday, 7th October, 2022 was announced at the launch of the AfCFTA Guided Trade Initiative at the McDan Private Jet lounge at the Kotoka International airport in Accra.
Speaking at the event, the Trade Minister commended the efforts of the Chief Executive of McDan Group, Daniel McKorley for his initiative to facilitate the transportation of goods under AfCFTA and also called on other entrepreneurs to follow suit.
“I want to end on this note by celebrating one entrepreneur in Ghana, McDan who is signing an agreement with AfCFTA to invest in cargo planes and sea freight vessel to support trading under AfCFTA. Without sea freight, air cargo, this is not going to work”.
“I think this should be a call to other entrepreneurs across the continent to start looking at investing in the logistics services”, he added.
The launch of AfCFTA marks the beginning of commercial trade between eight countries and is operating on a pilot basis. The countries include, Ghana, Kenya, Rwanda, Tunisia, Tanzania, Egypt and Mauritius.
Already, Ghana has issued a certificate of trading to Keda Ceramics Company Limited, a tiles manufacturing company located at Shama in the Western Region to export products to Cameroun.
Also, Benso oil Palm Plantation (BOPP), a palm kernel oil production company in the Western Region is expected to export palm kernel oil to Kenya.
On the other hand, Ghana has received a consignment of coffee products from Rwanda all under the AfCFTA guided trade initiative.
Latest Stories
-
Sentuo Oil Refinery expansion to create 1,500 jobs, boost energy security – John Jinapor
4 minutes -
Adwoa Safo: JoyNews at sickbed of injured former Dome-Kwabenya MP
12 minutes -
Partey wins JAC Motors MVP award after performance in Black Stars draw with England
18 minutes -
GES PRO urges GTEC to publish accredited institutions instead of focusing on unaccredited schools
29 minutes -
WASSCE candidate who died after final paper identified as 18-year-old Notre Dame SHS student
35 minutes -
Sentuo Oil Refinery capacity to increase from 40,000 to 100,000 barrels per day – Energy Minister
36 minutes -
GTEC list of unrecognised institutions in Ghana: Doxa, Debest, Faith University among 70+ flagged
40 minutes -
Unilever. Guinness. FanMilk. Kasapreko beat them all
41 minutes -
Trump asks Congress for $87.6bn for Iran war after Republican showdown
43 minutes -
Explorco to start Voltaian Basin oil drilling in 2026 as Sentuo refinery expands to 100,000 barrels per day
47 minutes -
GJA seeks legal guidance after journalist Larry Dogbey is jailed for contempt
53 minutes -
NPP refers petitions against Kennedy Agyapong to disciplinary committee
54 minutes -
Families lay flowers on barbed wire barricade on anniversary of deadly Kenya protests
57 minutes -
Ryanair says it will reluctantly not charge parents to sit next to children
1 hour -
Sentuo Refinery expansion to drive petrochemical and industrial investment — Trade Minister
1 hour