The Chartered Institute of Logistics and Transport (CILT) Ghana is urging the government to address all logistics and transport issues associated with the Africa Continental Free Trade Agreement, indicating that they can pose as threats to the trade pact.
Even though the trade agreement has been implemented, President of the institute, Dr. Ebo Hammond says it can only yield the needed results if there exists a coherent supply chain management strategy and implementation plan.
"Because of the Africa Trade Area that has been created, we believe that the entirety of Africa must be wired up in terms of road networks and communication." he said in an interview on the MarketPlace on Joynews.
Dr. Hammond has however commended the President H.E. Nana Akufo Addofor leading the country to win the bid for hosting the Africa Continental Free Trade Agreement (AfCFTA) Secretariat in Ghana, which he says would go a long way to position Ghana as the continent’s financial capital. This will undoubtedly create jobs and boost our intra-African trade.” he added.
With regards to supply chain, the CILT Ghana President says the country and the ECOWAS sub region need a coherent supply chain management strategy and implementation plan.
"It is very important because if you compare the ECOWAS sub region with the Southern African Development Coordinating Council, you'd realise that they are more integrated than in ECOWAS in terms of trade." he said.
Latest Stories
-
SHS heads demand payment of outstanding funds before reopening of school
1 minute -
We thank God for the 2024 general elections – Akufo-Addo
15 minutes -
Coconut Grove Beach Resort marks 30 years of excellence with memorable 9 lessons & carols service
27 minutes -
WAFU B U-17 Girls’ Cup: Black Maidens beat Nigeria on penalties to win inaugral tournament
1 hour -
Real Madrid beat Sevilla to keep pressure on leaders Atletico
2 hours -
Liverpool put six past Spurs to go four points clear
2 hours -
Manchester United lose 3-0 at home to Bournemouth yet again
2 hours -
CHAN 2024Q: ‘It’s still an open game’ – Didi on Ghana’s draw with Nigeria
2 hours -
CHAN 2024Q: Ghana’s Black Galaxies held by Nigeria in first-leg tie
3 hours -
Dr Nduom hopeful defunct GN bank will be restored under Mahama administration
4 hours -
Bridget Bonnie celebrates NDC Victory, champions hope for women and youth
4 hours -
Shamima Muslim urges youth to lead Ghana’s renewal at 18Plus4NDC anniversary
5 hours -
Akufo-Addo condemns post-election violence, blames NDC
5 hours -
DAMC, Free Food Company, to distribute 10,000 packs of food to street kids
7 hours -
Kwame Boafo Akuffo: Court ruling on re-collation flawed
7 hours