We will triple the number of companies certified under AfCFTA's Rules of Origin - Mahama

6 days ago 15

President John Dramani Mahama President John Dramani Mahama

President John Dramani Mahama has announced that the authorities aims to triple the fig of companies certified nether the African Continental Free Trade Area (AfCFTA) Rules of Origin.

According to him, Ghana is poised to go a hub for products, cognition exports, and integer services, driven by accrued accumulation and a trained younker workforce acceptable for the occupation market.

Delivering a code connected the advancement of the 120-day Social Contract connected Wednesday, May 7, 2025, President Mahama stated, “The African Continental Free Trade Area (AfCFTA) offers an unprecedented opportunity, and we are positioning Ghana arsenic a determination manufacturing and export hub.”

“This year, we purpose to triple the fig of companies certified nether AfCFTA’s Rules of Origin, standard up export-readiness grooming for younker and women, and grow into caller markets portion strengthening existing partnerships. Ghana volition go a hub for products, integer services, cognition exports, and originative industries,” helium added.

The African Continental Free Trade Area (AfCFTA), 1 of the flagship projects of Agenda 2063, is simply a high-ambition commercialized statement with a broad scope that covers captious areas of Africa’s economy, including integer commercialized and concern protection.

By eliminating commercialized barriers wrong Africa, AfCFTA aims to importantly boost intra-African trade, peculiarly successful value-added accumulation crossed each sectors of the economy.

AfCFTA, which took effect successful January 2021, is the largest escaped commercialized country globally, encompassing 55 African countries with a combined colonisation of 1.3 cardinal radical and a Gross Domestic Product (GDP) exceeding $3.4 trillion.

This statement is expected to fortify African economies, making them much resilient to interior and outer shocks.

SA/MA

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