• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Ghana now Africa’s commercial capital because of AfCFTA – Alan Kyeremanten

5 years ago
in Business, highlights, Home, home-news, latest News, Markets, Trade
1 min read
0 0
0
Ghana's Trade Minister, Alan Kyeremanten - norvanreports

Ghana's Trade Minister, Alan Kyeremanten - norvanreports

147
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana’s Minister for Trade and Industry, Alan Kyeremanten, has said the hosting of the Secretariat of the African Continental Free Trade Agreement (AfCFTA) and subsequent commencement of the trade pact has by default made Ghana, the commercial capital and trade hub of the African Continent.

“As a country hosting the Secretariat of the AfCFTA, it by default makes us the new commercial capital for the continent,” he noted, adding this is going to attract large foreign investments into Ghana from investors around the globe.

“I can tell you that it is probably the most powerful stimulus for attracting investments into our country because if investors from around the globe now appreciate the fact that situating a production facility in Ghana not only sells in Ghana, but also to the entire continent is a big deal,” he stated.

According to the Trade Minister, AfCFTA first of all presents to Ghanaian manufacturers the potential to go beyond the local market to serve a larger market by exporting to other African countries.

“Once we have a single market, you enhance the economies of scale, meaning that Ghanaian manufacturers now have the potential to export to a larger market, that is beyond the local market,” he noted.

“Second it enables us to add value to our natural resources because that’s what industrialization is all about. And we can take advantage of regional value chains by collaborating with our partners in Nigeria, Togo, etc and consolidating our efforts on how to take advantage of the market in other parts of Africa,” he added.

Speaking further, Mr Kyeremanten noted Ghana becoming the commercial capital of the Continent will inure to the benefit of Ghanaians through the influx of businesses and creation of good, quality and highly paid jobs for the nation’s teeming youth.

RelatedPosts

President Mahama Targets Billion-dollar Ghana–Singapore Trade in 24-Hour Economy Pitch to Investors

Unpaid Taxes “Very Frightening”, Says Hon. Nana Osei-Adjei

Dollar Slides as Trump Fires Fed Governor Lisa Cook

The implementation of the AfCFTA trade pact commenced on New Year’s Day, January 1, 2021.

Source: norvanreports
Via: norvanreports
Tags: AFCFTAForeign investmentsTrade Minister Alan Kyeremanten
No Result
View All Result

Highlights

IISD and IMANI to Host Roundtable Shaping Ghana’s New Independent Fiscal Authority

Premier League: Ngumoha’s Late Goal Seals Liverpool’s Thrilling Win Over Newcastle

US Open: Venus Williams and Keys Bow Out as Alcaraz Launches Campaign

GSE Opens Week Higher as CPC Posts First Gain of 2025

Asante Gold Announces Completion of $500m Financing Package to Boost Bibiani and Chirano Growth Plans

Gov’t Pledges to Intensify Reforms in Gold Sector Ahead of Crucial Anti-Money Laundering Assessment

Trending

Business

President Mahama Targets Billion-dollar Ghana–Singapore Trade in 24-Hour Economy Pitch to Investors

August 26, 2025

President Mahama Targets Billion-dollar Ghana–Singapore Trade in 24-Hour Economy Pitch to Investors President John Dramani Mahama has...

Unpaid Taxes “Very Frightening”, Says Hon. Nana Osei-Adjei

August 26, 2025

Dollar Slides as Trump Fires Fed Governor Lisa Cook

August 26, 2025

IISD and IMANI to Host Roundtable Shaping Ghana’s New Independent Fiscal Authority

August 26, 2025

Premier League: Ngumoha’s Late Goal Seals Liverpool’s Thrilling Win Over Newcastle

August 26, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.