samorobo. you ask for Ghana benefit for holding the trade headquater......

Ghana selected to host the afcfta headquater

The Assembly of Heads of State and Government of the African Union (AU) has selected Ghana as the host country for the Secretariat of the African Continental (AfCFTA) Free Trade Area.

The decision was announced on Sunday, 7th July, 2019, at the 12th AU Extraordinary Summit held in Niamey, the capital of Niger, after Ghana beat off competition from Egypt, Eswatini, Ethiopia, Kenya, Madagascar and Senegal.

The core mandate of the Secretariat will be to implement the African Continental Free Trade Area Agreement, which has since been ratified by 25 member states.

In his acceptance speech, during the close session of the Summit, the President of the Republic, Nana Addo Dankwa Akufo-Addo, thanked the Assembly for the decision, stating that “it is a privilege that, for the first time in our nation’s history, we have the responsibility of hosting an important pan-African institution”.

President Akufo-Addo expressed his gratitude to President Macky Sall of Senegal for stepping down Senegal’s candidature in favour of Ghana, and also showed his appreciation to the leaders of Egypt and Ethiopia, their Excellencies Abdel Fattah el-Sisi and Abiy Ahmed respectively, for similar gestures of solidarity.


Whilst applauding the member states that have deposited their instruments of ratification at the AU Commission Headquarters in Addis Ababa, the President expressed his delight at the decision taken by Nigeria to sign up to the Agreement, stressing that “the adhesion of Nigeria to the Free Trade Area has enhanced considerably its prospects of success”.

With the AfCFTA now the world’s largest free trade area since the formation of the World Trade Organisation, it will cover a market of 1.2 billion people, with a combined gross domestic product (GDP) of $2.5 trillion, across the fifty-four (54) Member States of the African Union that have signed up to the Agreement.

“We have, today, taken very important steps towards working with a common voice and a common purpose to exploit the abundant wealth and resources of our great continent for the benefit of all our peoples. Indeed, the ‘Africa We Want’ is achievable,” the President said.

President Akufo-Addo assured his colleague Heads of State that Ghana will put all the requisite facilities at the disposal of the Secretariat so that it can run as a world-class organisation.

In addition, and pursuant to the Statutes of the AU Commission, he indicated that the Secretariat shall enjoy the privileges and immunities stipulated in the OAU General Convention on Privileges and Immunities, the Vienna Convention on Diplomatic Privileges and Immunities, and the Vienna Convention on the Law of Treaties and the Vienna Convention between States and International Organisations or between International Organisations.


The President urged Assembly to direct the AU Commission to prepare and execute a host-country agreement in accordance with the Executive Council Decision EX.CL/195 (VII) Rev.1 of July 2005 on hosting AU Organs; and hold consultations with Ghana and key stakeholders to prepare the statutes of the AfCFTA Secretariat with a view toward providing a report for the consideration of the Council of Ministers of Trade.

“Ghana is ready to donate US$10 million to the African Union to support the operationalisation of the Secretariat. I have set up an inter-Ministerial Committee of my government to work with the AU Commission towards this end,” he indicated.

President Akufo-Addo also called on pan-African institutions such as the UN Economic Commission for Africa, the African Development Bank, the African Export-Import Bank and other key stakeholders, including friends of Africa, to provide such support as they can towards the establishment of the Secretariat.

“I am determined to do whatever I can to guarantee the smooth take-off of the Secretariat, and help make sure that it turns out to be a world-class institution, which will become the pride and joy of all Africans,” he said.

President Akufo-Addo added, “We owe it to generations unborn to ensure that the biggest trading bloc on the globe, whose outcomes will be rewarding to all, and which will assist in attaining the “Africa We Want”, does not falter.”

Source: Myjoyonline.com

SUFFERInSMILIIN:


I can see you are a total illiterate most of those Taurus which are visiting Nigeria and Nigerians who stay abroad which are coming back to see their families. Kenya outperforms Nigeria in every aspect

Yes,I had the stats posted earlier but DGAF to find it.

samorobo:



Hahaha once again she ain't black and she's been overtaken. Which one has the inferior gdp per capita starving nation produced if not tender girl for sex tourism

.

samorobo:



Ain't nobody complaining. Stop thinking you are becoming important and relevant

But you are complaining

Problemkid1:
Who's this one. So José Eduardo dos Santos is richer than bill gate

Gallivant come and help your friend here

Kazikazi:
Dar es salaam, Tanzania

The 3 blue towers

tylann:
south Africa has alot to offer in this trade deal
They are the most industrialized country in Africa
So they produce alot of goods

This will also help they ailing economy

Not much as you think! Actually most of Africa won't trade much among themselves. Yes SA is the most industrialized nation in Africa,but most SA products are uncompetitive. They are way more expensive than Chinese or Indian products which have dominated Africa. Remember, SADC has a free trade agreements. But most SADC members imports more from China than from SA.

Kazikazi:
Not much as you think! Actually most of Africa won't trade much among themselves[b]. Yes SA is the most industrialized nation in Africa,but most SA products are uncompetitive. They are way more expensive than Chinese or Indian products which have dominated Africa. Remember, SADC has a free trade agreements. But most SADC members imports more from China than from SA.

Half of Kenya's trade is with African countries. Tell us about Tanzanian products and trade.

tylann:


Gallivant come and help your friend here

He can't be helped.
Tā dé bù dào bāngzhù
他得不到帮助

Kazikazi:
Not much as you think! Actually most of Africa won't trade much among themselves. Yes SA is the most industrialized nation in Africa,but most SA products are uncompetitive. They are way more expensive than Chinese or Indian products which have dominated Africa. Remember, SADC has a free trade agreements. But most SADC members imports more from China than from SA.

It is up to Africans to patronize African products
Also the trade deal must come up with ways to prevent influx of goods from china,india and so on

gallivant:


He can't be helped.
Tā dé bù dào bāngzhù
他得不到帮助

I clearly said richest black person on the planet
He is telling me about bill gates

Funniest penalty kicks in history

K Sharks vs Everton Fc


https://www.youtube.com/watch?v=qJD-MKn1a2E

Problemkid1:
Are you done with your stupidity Mr illiterates. Because you're just talking what you don't know. Now go back to Turkana and starve because here is not a starving place like Turkana

Poverty kid poverty is taking over your body and family I feel very sorry for you maybe in the next year you'll be dead anyway poverty kid rest in peace

gallivant:


Fixed.

You edited my post you starving fellow

samorobo:



You can get this information from google or better still you got it from someone here on nairaland, perhaps another thread

This thing with most of my Nigerian brothers they never he want to hear the truth. I am telling you that I am in Nigeria 100%

Acadavah:
Your president can't do this in his only country because he fear some soldiers can smash him.

I guess when you have witchcraft you dont have to worry about minor details like a rogue officer or a mental illness.

tylann:


It is up to Africans to patronize African products
Also the trade deal must come up with ways to prevent influx of goods from china,india and so on

East Africa has free trade agreements, but it never stopped a huge Chinese imports.Most of African products are more expensive than Chinese or Indian products. Free trade zones won't stop our huge imports from China.The solution is to cut our production costs.

Kazikazi:
You edited my post you starving fellow

I fixed it you hungry buffoon. You are welcome.

gallivant:


Half of Kenya's trade is with African countries. Tell us about Tanzanian products and trade.

What products does Kenya has which Tz doesn't? We export more than you

Kazikazi:
East Africa has free trade agreements, but it never stopped a huge Chinese imports.Most of African products are more expensive than Chinese or Indian products. Free trade zones won't stop our huge imports from China.The solution is to cut our production costs.

There is no free trade between Tanzania and East Africa, just pure fuckery from the Tanzanian side of the border. This is due to insecurity and fear of competition from nascent arab industries in Tz. The solution is to cut you off and so you can officially join the Arab League again.

Kazikazi:
What products does Kenya has which Tz doesn't? We export more than you

I can't name them all but can narrow it for you. Kenya has over 500 companies in Tanzania while the latter has only 24. Our economy is almost twice yours without any natural resources. Safaricom alone is bigger than the first 35 companies in Tanzania combined. should I continue...

Kazikazi:
What products does Kenya has which Tz doesn't? We export more than you

If you export more why are you so poor and a member of LDC nations?

gallivant:


I can't name them all but can narrow it for you. Kenya has over 500 companies in Tanzania while the latter has only 24. Our economy is almost twice yours without any natural resources. Safaricom alone is bigger than the first 35 companies in Tanzania combined. should I continue...

Since you failed to name your products,I will help u out!
You have a hunger product which you are famous for. Do u think its exportable? Do u think those fictitious 500 companies can eradicate ur hunger back home? Faking things in today's technological world won't help u. You better go back to basics. Grow your food.Stop overvaluing your currency by that 30%. Last year you spent over 300m dollars on pushing up your Ksh.that is absurd.
Safaricom is under Vodafone. Mpesa is British.Britam isn't Kenyan.What you own is there in Turkana... a starvation

gallivant:


If you export more why are you so poor and a member of LDC nations?

Why are u a starving nation and a member of failed states?

gallivant:


There is no free trade between Tanzania and East Africa, just pure fuckery from the Tanzanian side of the border. This is due to insecurity and fear of competition from nascent arab industries in Tz. The solution is to cut you off and so you can officially join the Arab League again.

You will cry more n more! If you don't allow TZ products into Kenya,we won't allow yours. The time of freebies is over! Your products are more expensive than ours. Its no longer easy ride for u kiberans.Just go join Somali terrorists! Tz has aloooot of cheaper stuff

Kazikazi:
You will cry more n more! If you don't allow TZ products into Kenya,we won't allow yours. The time of freebies is over! Your products are more expensive than ours. Its no longer easy ride for u kiberans.Just go join Somali terrorists! Tz has aloooot of cheaper stuff

Nobody is crying but Tanzania. The rest of the EAC is marching in tandem towards prosperity. Also, the signing of the free trade agreement in Africa makes any Tanzanian position on the matter obsolete.

tylann:


Gallivant come and see your freind

I thought you'll not reply back idiot

gallivant:


Nobody is crying but Tanzania. The rest of the EAC is marching in tandem towards prosperity. Also, the signing of the free trade agreement in Africa makes any Tanzanian position on the matter obsolete.

Does China has a free trade agreements with Africa? But Chinese products are all over Africa. If you lack good and competitive products,a free trade won't help out.A free trade agreements don't build industries for lazy and starving nation like yours which starves in 2019! Your solution is to grow your agriculture and your manufacturing which depends greatly from agriculture. China and India have done very well in that areas.Tanzania we are also doing good currently. We are ready for free trade zone

tylann:


Gallivant come and help your friend here

You need help because you don't have Common sense

tylann:


I clearly said richest black person on the planet
He is telling me about bill gates

You're clearly mad. I showed you screenshot and you jumped it and went I talk nonsese. Read again you dummy