Africa Centre for International Trade and Development ( ACINTaD)

Ghana is rapidly emerging as a hub of innovation in the tech industry, with two local companies leading the way in digital transformation. Their efforts are not only enhancing capabilities within Ghana but also expanding their influence internationally.This growth is positively impacting various sectors, contributing to economic development and showcasing the potential of Ghanaian technology on a global stage. At ACINTaD, we recognize the importance of these advancements and support Ghana's journey towards becoming a key player in the global tech landscape. #GhanaTech #DigitalTransformation #Innovation To learn more: https://shorturl.at/QQfHP International Trade Centre

ACINTaD is pleased to share insights from Biashara Afrika 2024, where the focus was on empowering African entrepreneurs under the African Continental Free Trade Area (AfCFTA).Dorothy Tembo, Deputy Executive Director of the International Trade Centre, emphasized that it is crucial for the private sector to take charge in driving economic growth and ensuring inclusivity for small businesses, women, and youth. Key takeaways include: Empowerment of Entrepreneurs: Access to resources and opportunities is vital for small businesses to thrive under the AfCFTA. Inclusivity Focus: Special attention must be given to supporting women and youth-led enterprises. Collaboration is Key: Stakeholders must work together to create a vibrant entrepreneurial ecosystem. At ACINTaD, we are dedicated to fostering initiatives that empower entrepreneurs across Africa. Together, we can build a more inclusive and prosperous future! #AfCFTA #Entrepreneurship #SustainableDevelopment To learn more: https://shorturl.at/VtJka International Trade Centre

The African Continental Free Trade Area (AfCFTA) holds immense potential for small businesses across Africa, but unlocking this potential requires targeted strategies. Recent discussions have identified several key areas of focus to ensure that small and medium-sized enterprises (SMEs) can effectively participate in this transformative initiative.Capacity Building: It is vital to enhance SMEs' understanding of AfCFTA rules, trade facilitation measures, and compliance requirements. This knowledge will empower them to navigate the new trading landscape confidently. Access to Finance: Increasing access to funding and investment opportunities is crucial for enabling SMEs to scale their operations and compete in a larger market. Leveraging Technology: Encouraging SMEs to adopt digital tools and e-commerce platforms can significantly expand their reach and improve operational efficiency. Networking Opportunities: Facilitating participation in trade fairs and exhibitions will allow SMEs to connect with potential buyers and partners across the continent, fostering collaboration and growth. At ACINTaD, we are committed to supporting initiatives that empower small businesses as they engage with the AfCFTA. By focusing on these strategies, we can work towards ensuring that the benefits of this agreement are felt across all sectors of the economy, particularly among those often marginalized. Together, let's make the AfCFTA a success for African SMEs! #AfCFTA #SMEs #EconomicDevelopment To learn more: https://shorturl.at/EYyiU International Trade Centre

Afreximbank has successfully launched its first African Buyer Tour Programme in partnership with ARISE Gabon Special Economic Zone (GSEZ), aimed at driving intra-African trade. The event took place in Libreville, bringing together buyers from key markets like Nigeria, Kenya, and Tunisia to engage with suppliers in the wood and furniture sector. This initiative is pivotal in showcasing Africa’s manufacturing potential and promoting self-reliance by reducing reliance on imports. Mrs. Kanayo Awani, Executive Vice President of Afreximbank, highlighted the importance of directly connecting credible buyers with African producers to foster sustainable trade ecosystems. With over 80 entities operating within GSEZ, the tour provided buyers with invaluable opportunities to explore business partnerships and assess local production capabilities. This initiative underscores Afreximbank's commitment to enhancing intra-African trade and supporting economic growth across the continent.At ACINTaD, we are dedicated to supporting initiatives that empower local industries and promote sustainable development in Africa. Together, we can build a more self-sufficient and economically robust continent! #Afreximbank #IntraAfricaTrade #EconomicGrowth To learn more: https://shorturl.at/XwkE3 African Export-Import Bank (Afreximbank)

The World Trade Organization (WTO) is preparing for its upcoming Trade and Environment Week 2024, where global leaders, experts, and stakeholders will convene to address crucial trade-related environmental issues. This year's event will feature high-level discussions with key figures such as WTO Director-General Ngozi Okonjo-Iweala and representatives from major international organizations. The agenda includes a variety of pressing topics, including plastics pollution, sustainable agriculture, critical minerals, and renewable energy. Additionally, an exhibition will showcase sustainable products and art projects that highlight environmental challenges. Small businesses from both developed and developing economies will present innovat ive solutions aimed at promoting a circular economy. At the Africa Centre for International Trade and Development (ACINTaD), we are committed to supporting initiatives that integrate sustainability into trade practices. We look forward to the dialogues that will emerge from this significant event! #WTO #TradeAndEnvironment #SustainableDevelopment To learn more:https://shorturl.at/4iB4V World Trade Organization

The ECOWAS Commission successfully conducted its 2nd Meeting of the Regional Committee on the Implementation of the African Continental Free Trade Area (AfCFTA) from September 17th to 19th, 2024, in Abidjan, Côte d’Ivoire. This meeting was pivotal in assessing progress in implementing the AfCFTA across West Africa and fostering collaboration among Member States.Dr. Kalilou SYLLA highlighted that the AfCFTA represents a significant opportunity for economic integration and growth in Africa. Mr. Chukwuma ANOPUEME projected that this initiative could lift 50 million people out of poverty while increasing intra-African exports by up to 109% by 2035.Significant milestones were celebrated during this meeting, including Liberia’s recent ratification of the AfCFTA Agreement and Nigeria’s first shipments under the Guided Trade Initiative. Additionally, over 150 women traders have benefited from training through the ECOWAS-ITC SheTrades AfCFTA Project, reflecting a strong commitment to gender inclusivity. At ACINTaD, we are committed to supporting these initiatives and ensuring effective implementation of the AfCFTA across West Africa. Together, we can unlock Africa's economic potential and promote sustainable development! #AfCFTA #ECOWAS #EconomicIntegration To learn more: https://shorturl.at/TEqyX ECOWAS Commission

We are pleased to share that ECOWAS has partnered with USAID to strengthen natural resource management across West Africa. This collaboration focuses on enhancing the sustainable use of natural resources, which is essential for economic development, environmental sustainability, and food security in the region.Key aspects of this initiative include:Capacity Building: Implementing training programs aimed at empowering local communities and stakeholders in effective resource management practices. Policy Development: Supporting the formulation of policies that promote sustainable practices and safeguard natural resources. Regional Cooperation: Encouraging collaboration among ECOWAS member states to tackle shared challenges related to natural resource management. This partnership is crucial for ensuring that West Africa can sustainably manage its abundant natural resources while fostering economic growth and resilience against climate change. At ACINTaD, we are dedicated to supporting initiatives that contribute to sustainable development across the continent. Together, we can create a more prosperous and environmentally secure future! #ECOWAS #USAID #NaturalResourceManagement #SustainableDevelopment To learn more: https://shorturl.at/G0gYz ECOWAS Commission

ACINTaD is excited to share insights from the recent ECOWAS regional consultative workshop focused on the draft Regional Plastics Management Plan and the promotion of a circular economy. This important event brought together stakeholders from various sectors to discuss strategies for effectively managing plastic waste and fostering sustainable practices across West Africa. Key highlights from the workshop include: Draft Plan Review: Participants engaged in evaluating the draft Regional Plastics Management Plan aimed at tackling plastic pollution in the region. Circular Economy Promotion: Emphasis was placed on transitioning to a circular economy, which encourages resource reuse and recycling to minimize waste. Stakeholder Collaboration: The workshop facilitated vital discussions among government representatives, civil society, and private sector actors, promoting collaboration for effective implementation of plastics management strategies. Capacity Building: Participants explored methods to enhance capacity at both national and regional levels for improved waste management practices. ACINTaD supports these initiatives as part of our commitment to environmental sustainability. Together, we can work towards a cleaner, healthier future for West Africa! #ECOWAS #PlasticsManagement #CircularEconomy #Sustainability To learn more: https://shorturl.at/0eR24 ECOWAS Commission

Ghana is poised to enhance its coffee production and consumption, with a strategic initiative aimed at significantly increasing local coffee cultivation. This effort seeks not only to meet rising domestic demand but also to position Ghana as a competitive player in the global coffee market. Supported by various stakeholders, including the International Trade Centre (ITC), this initiative will provide farmers with essential training and resources to improve their cultivation practices. The potential benefits of this move are substantial, including job creation, enhanced food security, and economic development. At the Africa Centre for International Trade and Development (ACINTaD), we believe that investing in local agriculture is crucial for fostering sustainable growth. By supporting initiatives like this, we can contribute to a prosperous future for Ghana and its farmers. Let’s champion agricultural development together! #GhanaCoffee #AgriculturalDevelopment #EconomicGrowth To learn more: https://shorturl.at/Q2Xx1 International Trade Centre

The WTO Public Forum 2024 is approaching, scheduled for October 2-4, with the theme "Fostering Inclusive Trade." This year's forum will explore how trade can contribute to sustainable development and ensure that its benefits are shared equitably among all nations, particularly focusing on developing countries and marginalized communities. Experts, policymakers, and stakeholders will come together to discuss strategies for enhancing inclusivity in global trade. At the Africa Centre for International Trade and Development (ACINTaD), we recognize that inclusive trade is vital for sustainable economic growth and reducing inequalities. We are eager to participate in these important discussions and advocate for policies that promote equitable trade practices. Together, we can work towards a more inclusive global economy that benefits everyone. #WTO #PublicForum2024 #InclusiveTrade #SustainableDevelopment To learn more: https://shorturl.at/7bJQB World Trade Organization