Category: Trade and Commerce

Rendeavour appointed as AfCFTA inaugural implementation partner

Rendeavour becomes the African Continental Free Trade Area’s inaugural implementation partner for African industrialisation and trade infrastructure The African Continental Free Trade Area (AfCFTA) has partnered with Rendeavour, Africa’s new city builder, to support the implementation of the AfCFTA through infrastructure-led industrialisation, integrated economic zones and trade-enabling urban development across the continent an official statement in Lome,Friday,has disclosed. Through the partnership, the statement said,Rendeavour will support the AfCFTA Secretariat across three priority areas: advancing the role of Special Economic Zones (SEZs) as drivers of industrialisation, mobilising private capital for trade- enabling infrastructure,  and…

GoldBod targets $400 million weekly gold purchases under GANRAP – CEO

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, Esq. has revealed that government, through the Ghana Accelerated National Reserve Accumulation Programme (GANRAP), is targeting the purchase of three tonnes of gold every week in a move expected to generate over $400 million weekly for Ghana’s economy through 2028. According to Mr. Gyamfi on TV3’s Key Points Program on Saturday, May 9, 2026, the programme seeks to purchase 2.45 tonnes of gold weekly from the artisanal and small-scale mining sector, while large-scale mining companies are expected to…

Explainer-How did Ivory Coast and Ghana’s cocoa sales crisis come about?

By Reuters Commodities First Published 02/26/2026, 11:00 AM,Updated 02/26/2026, 11:48 AM By May Angel The producers of half the world’s cocoa – Ivory Coast and Ghana – have struggled to sell beans and pay farmers this year due to ample global harvests, lower cocoa prices and falling demand from chocolate makers for the ingredient. Why did the two countries fare worse than rival producers and what are they doing to address the problem? HOW DID WE GET HERE? Cocoa is not freely traded in Ivory Coast and Ghana. Rather, the…

Invest Africa Appoints Shannon Stroud as Chief Executive Officer of Invest Africa US

Invest Africa US,has  announced, the appointment of Shannon Stroud as Chief Executive Officer,says an official statement issued in Washington,Saturday. Based in Washington, D.C., the statement said,Shannon will drive the organization’s U.S. strategy and growth, raising Invest Africa’s profile, strengthening partnerships, and deepening investor engagement with opportunities across Africa and within the U.S. Invest Africa (www.InvestAfrica.com),it added, is a global platform with offices in the United Kingdom, United States, Middle East and Africa. Shannon,it disclosed, brings over 20 years of leadership experience in international finance, investment, and advisory services. Most recently,…

Intra-African Trade Fair 2025 Welcomes Tropical General Investment Group as Official Premier Partner

Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment platform, has formally welcomed Tropical General Investment Group (TGI) as an Official Premier Partner according to an official statement  issued  in Algiers,Saturday. As a leading multinational conglomerate, the statement said,TGI is driving value addition and promoting inclusivity through manufacturing and strategic investments across emerging markets. TGI,it added, will play a pivotal role in advancing the mission of IATF2025 which aims to boost trade and investment in Africa. The event is scheduled to take place in Algiers, Algeria from 4-10 September…