AfCFTA, Mr Herbert Krapa
Mr Herbert Krapa

AfCFTA: By 2030, Africa can produce 5 million new vehicles every year

By 2030, Africa can produce 5 million new vehicles every year due to the African Continental Free Trade Area (AfCFTA), that is according to the Deputy Minister of Trade, Mr Herbert Krapa.

He said this at the Ghana-Denmark Business Forum.

He further called on stakeholders to create, build, develop and maintain long-lasting partnerships to leverage the opportunities presented by the AfCFTA.

Nectar2Honey solutions, African Continental Free Trade Area, AfCFTA

Read also: Sad scenes from the residence of a nursing student killed and buried by pastor and chief at Mankessim [Video]

“By 2030, Africa can produce 5 million new vehicles every year, thanks to the #AfCFTA.”

AfCFTA
Kantanka vehicles manufactured in Ghana by the Kantanka automobile

Read also: Africa must prioritise Agriculture at COP27

Mr Krapa added, “We must create, build, develop and maintain long-lasting partnerships to leverage the opportunities presented by the #AfCFTA.”

Earlier, the Minister of Trade and Industry, Mr Alan Kyerematen assured that the government will create the enabling environment to make the implementation of the AƒCFTA a success.

He explained that the vision of the government is to transform Ghana into a modern industrialized country, a vision he said would be successful with the effective implementation of the Af⊂FTA.

Read also: Prince Harry to release royal bombshell weeks after Queen’s death

Speaking at the launch of the National AfCFTA Policy Framework and Action Plan for Boosting Ghana’s Trade with Africa in Accra on Tuesday, August 2, Mr Kyerematen said: “Our vision is to transform Ghana into a modern, industrialised country which will become the new manufacturing hub of the continent.”

“The effective implementation of the AfCFTA in Ghana would no doubt make a significant contribution in realising this vision,” Mr Kyerematen said.

Nectar2Honey solutions, African Continental Free Trade Area, AfCFTA

Read also: From honey hunting to beekeeping: The story of Hawa Ibrahim, the best beekeeper in Kwahu Afram Plains

He added, “The government on its part, will provide the needed political impetus and create the enabling environment to ensure the successful implementation of Af⊂FTA in Ghana.”

“The Af⊂FTA Agreement provides immense opportunities for industrialisation and the development of regional value chains covering strategic sectors of the Ghanaian economy,” he said.

The Choice Press
thechoicepress.com is an online news portal that seeks to project what the gallant small-scale farmers in Africa are doing. We basically report on everything that has to do with agriculture and agribusiness, especially in Ghana.
%d bloggers like this: