• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, October 13, 2026
  • 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
in Vaultz Business

Government Assists 30 Ghanaian Firms to Export Under AfCFTA

Maynard Championby Maynard Champion
November 27, 2022
Reading Time: 3 mins read
Add as Preferred on Google
Post 8.1

The government of Ghana has assisted 30 Ghanaian firms to secure certifications of origin that will enable them to start trading under the African Continental Free Trade Area (AfCFTA).

The certified firms were assisted through the (Ghana) National AfCFTA Coordination Office, which serves as the liaison between Ghana and the AfCFTA Secretariat. The firms are part of the 230 potential exporters identified to be guided through AfCFTA processes, procedures, and protocols as they develop their products to be exported.

Dr Fareed Kwasi Arthur, the National Coordinator at the (Ghana) National AfCFTA Coordination Office, who made this known at the opening of a workshop in Accra, noted that two out of the 30 firms have been exporting under AfCFTA since October this year. The two companies, Benso Oil Palm Plantation Limited and KEDA Ghana Ceramics Company Limited, exported palm oil products to Kenya and ceramics to Cameroon, respectively.

Dr Arthur averred that the coordination officer assisted the companies to meet the necessary protocol for the shipment of their consignments. Under the initiative, he stated that a company needed a certificate of origin issued by a competent authority, such as the Customs Division and the GNCCI. He noted that the certificate of origin accompanied the consignment to help the authorities of the designated country determine whether the goods were from a member country under the agreement. The coordinator added that the issuance of the certificate is also to ensure that goods or products to be shipped meet the necessary requirements under the protocol.

ADVERTISEMENT

Dr Arthur explained that trading under AfCFTA formally started on January 1, last year, 2022, with Kasapreko Company Limited and Ghandour Cosmetics Limited shipping their products within the African continent to test the process. However, he said, official trading commenced on October 7, this year, 2022 making it the world’s largest free trade area in terms of participating member states after the formation of the World Trade Organisation (WTO).

Dr Arthur postulated that the AfCFTA initiative has great economic, trade, as well as social, advantages for Africa if the continent advanced in infrastructure connectivity.

Maximising the Gains from the AfCFTA Initiative

Dr Arthur said the country had also put in place other institutional frameworks to help maximise gains from the initiative, including the establishment of the AfCFTA inter-ministerial committee, a national steering committee, and technical working groups on all the seven clusters for boosting intra-African trade.

Additionally, Dr Arthur noted that the Secretariat has designed the AfCFTA National Action Plan and the National Export Development Strategy (NEDS) which are meant to help revitalise the country’s export development efforts, focusing strongly on Africa’s over 1.2 billion consumer market.

The two-day workshop, being organised by the Trades Union Congress (TUC), in collaboration with the International Labour Organisation (ILO), seeks to build the capacities of participants on AfCFTA. It featured topics such as trade and investment, decent work, and the role of trade unions in influencing trade policies.

ADVERTISEMENT

A Senior Technical Specialist at the ILO, Inviolata Chinyangarara, stated that trade unions are critical in the development of national policies across the globe. She explained that the voices of trade unions needed to be heard to influence trade and investment policies. “We are happy to collaborate with the TUC to build the capacities of its affiliate on the AfCFTA initiative,” she added.

READ ALSO: Ghana to Participate in West African Insurance Companies Conference in Liberia

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: AfCFTAILOKasapreko Company LtdNEDSTUC
Please login to join discussion
Previous Post

IEA Expects MPC To Hike Policy Rate To 26.5%

Next Post

Prudential Launches Program For Young Professionals Aspiring To Be Change Makers

Related Posts

Mr. Goosie Tanoh , the Presidential Adviser on the 24-Hour Economy and Accelerated Export Development
Vaultz Business

GIIF, 24H+ Advance Volta Lake Transport Plans

October 12, 2026
The United Traders Forum, Kumasi ''THE ABLE Summit, 2026''
Vaultz Business

United Traders Forum Champions Women’s Enterprise

October 12, 2026
H.E. John Dramani Mahama with Some Government Officials to Inspect the Ghato Food Ltd.
Vaultz Business

Government Backs Local Manufacturers

October 9, 2026
Participants and Stakeholders After the Meeting to Improve Compliance in the Trade Sector
Vaultz Business

Trade Ministry Pushes Export Standards Compliance

October 9, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Stanbic Bank Unveils Financing Solution to Power Green Investments

Stanbic Bank Unveils Financing Solution to Power Green Investments

October 12, 2026
BoG Sets 100% Liquidity Target in Major Banking Reform

BoG Sets 100% Liquidity Target in Major Banking Reform

October 12, 2026
President John Dramani Mahama

Mahama Charges New EC Deputies to Uphold Electoral Impartiality

October 12, 2026
Dr Joseph Kwaku Asamoah

New Deputy EC Chair Pledges National Interest And Electoral Reform

October 12, 2026
Rep. Ilhan Omar, D-Minn., leaves the House chamber at the Capitol in Washington

Search of Ilhan Omar’s Home Prompts Criticism

October 12, 2026
ADVERTISEMENT
Next Post
Prudential Launches Program For Young Professionals Aspiring To Be Change Makers

Prudential Launches Program For Young Professionals Aspiring To Be Change Makers

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.