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    BREAKING NEWS
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    African Continental Free Trade Area with African Rulers and Stakeholders have been exhorted to Formulate a mutual diplomae to Promote Commerce within the African Landmass

    Posted On 28 Jan 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 10

    By Abdul Rahman Bangura–

    Photo Credit: African Union

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Executive Director of Consultancy Group Wealth Masters, Benjamin Acheampong, asserted the idea of “Africa Rising” will continue a misname until circumstances for accomplishing employment on the mainland with solace are established.

    At a virtual event on January 29th, 2021 by Wealth Masters Group, which is under the theme “Righting the Wrongs of Doing Business in Africa Summit”, where organizers slate to contribute understandings and antidotes to enhance the business condition in Africa and take advantage of the AfCFTA ambition.

    He explained,  administrations expect to concentrate on improving internet services, communication and transport in order to ensure a smooth implementation of the AfCFTA.

    “When all these infrastructures are put in place, then we are on course to pull this AfCFTA initiative off.”

    Marketing under AfCFTA begun on January 1st, 2021and Ghana has already freighted its first cargo under the treaty. As a continental common market, AfCFTA’s objective is to promote the movement of goods, services and persons, and stimulate industrial development and sustainable and comprehensive socio-economic development in Africa.

    It is rated that, the solitary demand will increase intra-Africa trade by as much as $35 billion per annum, by repressing the purchasing power of the continent’s 1.2 billion people.

    Nonetheless, “we need to have one passport; you cannot move goods and services without people,” Acheampong stated.

    The Wealth Masters Group is a world-class governing provider of business development and solutions established in the UK.

    The upcoming virtual summit is a harbinger to the major circumstance on the continent’s business climate and the AfCFTA slated for March 8-12.

     

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

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    Email: Info@newafricabusinessnews.com

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    New Africa Business News Staff Correspondent
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    10 Comments

    1. Kelvin January 28, 2021 at 3:30 am Reply

      Congratulations, Journalist Bangura for winning Africa Journalist of the year award 2020-2021. I enjoy reading your reports. Lusaka Zambia. Kelvin

      • New Africa Business News, Staff Correspondent January 28, 2021 at 3:31 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Raymond January 28, 2021 at 3:35 am Reply

      The African Continental Free Trade Area is in full swing and thank you for reporting. Dodoma Tanzania. Raymond

      • New Africa Business News, Staff Correspondent January 28, 2021 at 3:36 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Simon January 28, 2021 at 3:38 am Reply

      I like to thank you for daily newsletters. Oslo Norway. Simon

      • New Africa Business News, Staff Correspondent January 28, 2021 at 3:39 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Charles January 28, 2021 at 3:43 am Reply

      AfCFTA is going to change Africa for good. Thank you for the report. Windhoek Namibia. Charles

      • New Africa Business News, Staff Correspondent January 28, 2021 at 3:44 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Ahmed January 28, 2021 at 3:47 am Reply

      Congratulation Abdul for the win and thank you, NABN. Alger Algeria. Ahmed

      • New Africa Business News, Staff Correspondent January 28, 2021 at 3:47 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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