Category: Business

Onafriq Partners with PAPSS to Launch Cross-Border Payment Services in Ghana 

Onafriq, in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion. The service improves financial […]

AfCFTA Secretariat Concern About Recent Downgrade Of The African Export-Import Bank (Afreximbank) By Fitch Ratings From ‘BBB’ To ‘BBB-’ With A Negative Outlook

The AfCFTA Secretariat has expressed grave concerned by the recent downgrade of African Export-Import Bank (Afreximbank) by Fitch Ratings. The Secretariat says while they acknowledge the role of rating agencies in global financial markets, they are concerned that such assessment may not fully reflect the evolving realities, priorities and vision […]

AfCFTA Warns Against Rating Bias as Fitch Downgrades Key African Trade Bank

The African Continental Free Trade Area (AfCFTA) Secretariat has issued a strong statement reaffirming its confidence in the African Export-Import Bank (Afreximbank) following its recent downgrade by Fitch Ratings. The downgrade, which lowered the Bank’s long-term foreign currency rating from ‘BBB’ to ‘BBB-’ with a negative outlook, has drawn sharp […]

Trade Ministry Hosts First-Ever Wrap Certification Training For Textiles & Garment Industry In Ghana

Ghana has marked a historic milestone in the garment and textile industry with the successful completion of the country’s first-ever WRAP Technical Assistance Training of Trainers workshop, held in Accra on Tuesday, 11th June, 2025. Delivering the closing remarks at the event, Hon. Sampson Ahi, Deputy Minister for Trade, Agribusiness […]