trade initiative

AfCFTA: From Ghana to Egypt, 8 countries set to trade under Guided Trade Initiative

By Jonas Nyabor

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Posted on October 11, 2022 12:38

© A truck is loaded with bags of tea leaves at a plantation in Nandi Hills, in Kenya’s highlands region. REUTERS/Noor Khamis — A truck is loaded with bags of tea leaves at a plantation in Nandi Hills, in Kenya’s highlands region. REUTERS/Noor Khamis

Ghana, Kenya, Rwanda, Tanzania, Egypt, Mauritius, Cameroon and Tunisia are searching for local products they can trade with one another under AfCFTA’s new Guided Trade Initiative – a first step towards the long awaited intra-continental trade revolution.

The eight countries have kick-started commercial trade to test their operational, legal, and institutional preparedness under the agreement, and to motivate other African countries that are yet to commit.

Before the official launch of the initiative in Accra last week, $77,000 worth of Exide batteries had arrived at the Tema Port in Ghana from Kenya.

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