The Saharan region of Africa is still struggling to get a strong foot hold in the global arena. But with the aid of the African Growth and Opportunity Act (AGOA), opportunities would be showing a silver lining.

The AGOA Act was approved by the U.S. Congress to assist the Sub Saharan economies and augment relations between the concerned region and the US. Under the administration of Presidents George W. Bush and William J. Clinton, Rosa Whitaker developed and implemented the African Growth and Opportunity Act (AGOA). Currently 39 African countries benefit by the AGOA Act. (more…)

Ghana is set to generate US$10 billion from Non-Traditional Exports (NTEs) in the next four years, Chief Executive Officer of the Ghana Export Promotion Authority (GEPA), disclosed on Wednesday, as directed by the Minister of Trade & Industry, Alan Kyeremanteng.

To achieve the target, Gifty Klenam a spokesperson for the Minister, said, the Authority was developing and promoting exports vigorously, by identifying additional products with significant export potentials in the various districts in the country.

The Export and Import Act, 1995 (Act 503) defines Non-Traditional Exports (more…)

1,350 BUSINESSES BENEFIT FROM PRESIDENTIAL BUSINESS SUPPORT PROGRAM

One thousand, three hundred and fifty (1,350) businesses, from all ten regions of the country, are the first beneficiaries of the Presidential Business Support Program, an initiative of the Akufo-Addo Government.

Each of the 1,350 beneficiaries are to receive, from the Ministry of Business Development, continuous training and capacity building, mentorship and business advisory services, free accounting services, access to business networking opportunities, and, seed capital ranging from GH¢10,000 (more…)