• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, October 14, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Many SMEs Are not Taking Advantage of AfCFTA Because of Lack of Education- Lecturer

Stephen M.Cby Stephen M.C
May 7, 2022
Reading Time: 3 mins read
Stephen M.Cby Stephen M.C
in Vaultz Business
0
Many SMEs Are not Taking Advantage of AfCFTA Because of Lack of Education- Lecturer

Mr Augustine B. Kidisil, Lecturer at the University of Ghana Law School

Mr. Augustine B. Kidisil, a Lecturer at the University of Ghana Law School, has stated that many Small and Medium Enterprises (SMEs) are not taking advantage of the African Continental Free Trade Area (AfCFTA) agreement because of a lack of education.

The Lecturer, therefore, called for more education on the implementation of the African Continental Free Trade Area (AfCFTA) agreement for the benefit of indigenous businesses.

“Many SMEs are not taking advantage of the Agreement because they do not understand it. The Ghana National Coordinating Office of AfCFTA under the Ministry of Trade and Industry and the AfCFTA Secretariat must provide the needed education on the operations of AFCFTA.”

Mr. Augustine Kidisil

Mr. Kidisil made this known at a forum organized by ActionAid Ghana together with the General Agricultural Workers Union (GAWU) on the AfCFTA operationalization for decent work in Accra. The forum was on the theme: ‘AfCFTA Agreement and Regional Economic Integration Reflections and Opportunities for Decent Work and Human Security.’

RelatedPosts

Importers and Exporters Applaud BoG’s $1.15bn Forex Boost

No Business Can Survive This! — GUTA, FABAG Blast Government Over Tariff Hikes

AfCFTA and Afreximbank Ignite New Push to Break Barriers and Scale Trade Across Africa

The event funded by the Norwegian Agency for Development Cooperation was to provide a platform for Civil Society Organisations to engage in campaigns and advocacy against modern slavery, indecent work, and human insecurity. It was also to provide a platform for deliberation on the impact of the AfCFTA Agreement on the acceleration of regional economic value chains and its implication on decent work practices and human security.

Mr. Kidisil intimated that educational activities should focus on the procedures, processes, and protocols of the Agreement. He proposed that every participating Member State should design its own strategies and mechanisms to take advantage of opportunities in the Agreement.

AfCFTA Establishes Adjustment Fund

Mary Agyekum, Senior Legal Officer at AfCFTA Secretariat, disclosed that the Secretariat has established an adjustment fund to support countries and institutions affected by the implementation of the Agreement.

ADVERTISEMENT

The Senior Legal Officer noted that one of the key challenges to the implementation of the agreement is an infrastructural gap, because “The Member States are at various developmental stages”.

Mr. John Nkaw, the Interim Country Director for ActionAid Ghana, averred that the forum is also meant to collaborate with the AfCFTA Secretariat to safeguard the rights and dignity of the vulnerable in an integrated regional economy.

“It is expected that key stakeholders would obtain an improved understanding of the AfCFTA Agreement and its likely impact on the regional economic value chain.”

Mr. John Nkaw

Mr. Nkaw indicated that decent work is under the ActionAid Ghana Mission Priority two of the Country Strategy Paper Six.

The Country Director noted that the advocacy is hinged on a human rights-based approach and from a feminist leadership perspective to tackle structural causes and manifestations of poverty and injustice. He observed that although significant efforts towards eliminating indecent work practices have been made by the human trafficking secretariat under the Ministry of Gender, Children and Social Protection and other stakeholders, “we have more work to do to ensure that Ghana meets this target.”

Mr. Nkaw added that it is important that attention is paid to the prospects of AfCFTA to streamline fair work practices, anti-human trafficking, and anti-modern slavery activities and systems across the continent.

Trading under AfCFTA started in earnest on January 1, 2021, after negotiations were launched on June 15, 2015.

READ ALSO: Ban The Export of Crude Palm Oil- Wilmar Africa Limited to Gov’t

Tags: AfCFTASMEs
Please login to join discussion
Previous Post

Chelsea Officially Sold to Todd Boehly

Next Post

Mireku Duker Avers Mahama Has No Right To Hint On Repealing E-levy

Subscription Form

Related Posts

Importers and Exporters Applaud BoG’s $1.15bn Forex Boost
Vaultz Business

Importers and Exporters Applaud BoG’s $1.15bn Forex Boost

October 9, 2025
No Business Can Survive This! — GUTA, FABAG Blast Government Over Tariff Hikes
Vaultz Business

No Business Can Survive This! — GUTA, FABAG Blast Government Over Tariff Hikes

October 7, 2025
AfCFTA and Afreximbank Ignite New Push to Break Barriers and Scale Trade Across Africa
Vaultz Business

AfCFTA and Afreximbank Ignite New Push to Break Barriers and Scale Trade Across Africa

October 3, 2025
Africa’s $6 Trillion Trade Opportunity: GEPA Rallies Nations to Unlock Intra-Continental Power
Vaultz Business

Africa’s $6 Trillion Trade Opportunity: GEPA Rallies Nations to Unlock Intra-Continental Power

September 30, 2025
$4.8 Billion SME Financing Gap in Ghana Tackled with Over 200 New Machines Through AfNEXT
Vaultz Business

$4.8 Billion SME Financing Gap in Ghana Tackled with Over 200 New Machines Through AfNEXT

September 26, 2025
Ghana’s Port Container Traffic Hits Record-Breaking 1.7m TEUs
Vaultz Business

Ghana’s Port Container Traffic Hits Record-Breaking 1.7m TEUs

September 25, 2025
President John Dramani Mahama
General News

Ghana Becoming Africa’s Most Friendly Business Destination – Mahama Woos Chinese Investors in Beijing

by Evans Junior OwuOctober 14, 2025
Kwame Governs Agbodza
General News

GHS 5 Billion Paid to Road Contractors – Roads Minister

by Richmond EllehOctober 14, 2025
Birim Central Municipality and NAIMOS Carry Out a Joint Anti-galamsey Exercise
Extractives/Energy

Birim Central Municipality and NAIMOS Carry Out a Joint Anti-galamsey Exercise

by Bless Banir YarayeOctober 14, 2025
Shell Acquires TotalEnergies’ 12.5% Stake in Nigeria’s Bonga Field 
Extractives/Energy

Shell Invests in Offshore Gas Project in Nigeria with Sunlink 

by Prince AgyapongOctober 14, 2025
Forson, Asiama Lead Ghana’s Economic Diplomacy Offensive at 2025 IMF/World Bank Annual Meetings
Economy

Forson, Asiama Lead Ghana’s Economic Diplomacy Offensive at 2025 IMF/World Bank Annual Meetings

by Stephen M.COctober 14, 2025
Rajoelina Dissolves Madagascar’s National Assembly
Around the Globe

Rajoelina Dissolves Madagascar’s National Assembly

by Comfort AmpomaaOctober 14, 2025
President John Dramani Mahama
Kwame Governs Agbodza
Birim Central Municipality and NAIMOS Carry Out a Joint Anti-galamsey Exercise
Shell Acquires TotalEnergies’ 12.5% Stake in Nigeria’s Bonga Field 
Forson, Asiama Lead Ghana’s Economic Diplomacy Offensive at 2025 IMF/World Bank Annual Meetings
Rajoelina Dissolves Madagascar’s National Assembly

Recent News

President John Dramani Mahama

Ghana Becoming Africa’s Most Friendly Business Destination – Mahama Woos Chinese Investors in Beijing

October 14, 2025
Kwame Governs Agbodza

GHS 5 Billion Paid to Road Contractors – Roads Minister

October 14, 2025
Birim Central Municipality and NAIMOS Carry Out a Joint Anti-galamsey Exercise

Birim Central Municipality and NAIMOS Carry Out a Joint Anti-galamsey Exercise

October 14, 2025
Shell Acquires TotalEnergies’ 12.5% Stake in Nigeria’s Bonga Field 

Shell Invests in Offshore Gas Project in Nigeria with Sunlink 

October 14, 2025
Forson, Asiama Lead Ghana’s Economic Diplomacy Offensive at 2025 IMF/World Bank Annual Meetings

Forson, Asiama Lead Ghana’s Economic Diplomacy Offensive at 2025 IMF/World Bank Annual Meetings

October 14, 2025
Rajoelina Dissolves Madagascar’s National Assembly

Rajoelina Dissolves Madagascar’s National Assembly

October 14, 2025
Subscription Form
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.