The Ministry of Communications and Digitalization (MoCD) and the Postal and Courier Services Regulatory Commission (PCSRC), as half of authorities’s dedication to speed up the nation’s digital agenda, have launched the “African Continental Free Trade Agreement, (AfCFTA) Hub” which seeks to promote, improve and advance digital buying and selling, digital commerce, market and normal companies.
Launching the initiative on Monday, twenty ninth August 2022 in Accra, the Sector Minister, Hon. Ursula Owusu-Ekuful (MP) said that, the rollout of the AfCFTA Hub was to be certain that Ghanaian companies have a trusted profile past Ghana, to strengthen the palms of trade and regulators to struggle fraudsters who may even like to use AfCFTA to regionalise their nefarious actions.
She stated that, Ghana as a continental chief in ICT innovation and adoption, sees the Hub as a chance to export its ICT items and companies throughout Africa and past, and a few of these prospects have already materialized.
“AfCFTA Hub should make it easier for Technology Startups, Small Medium Enterprise (SME’s), and other producers of ICT goods and services to find markets across Africa, stressing the point that “Our business process outsourcing landscape can be revitalized by AfCFTA as Ghana becomes a hub for call center, data processing, data science and various digital services for businesses all over the continent and beyond.”
According to her, the AfCFTA Hub was designed amongst different issues to play the position of aggregating content material and instruments to capacitate companies throughout the nation as nicely improve their know-how to interact extra forcefully in export markets past Ghana.
The Minister defined that the mechanisms of how we harness AfCFTA itself with regards to the course of of buying and selling, financing commerce, discovering our market strengths and gaps to fill’ the means of settlement, how the items will depart our warehouses and be acquired on the different facet; and the instruments for linking our producers with customers in different African nations and vice versa, all of these are being digitised and made obtainable to all stakeholders by means of the AfCFTA Hub.
Risk administration can be key and the associated ProPer Seals platform, at the moment being deployed by the FDA, performs a vital position.
“It is the reality of a comprehensive end-to-end identity management system interlinked with credit management, human security, business facilitation, enhanced government administration and even the improvement of democracy itself. It is the reality of a new smart working environment across the public services enabled by productivity software and dramatically improved connectivity. It is the reality of the common platform, Ghana Card, SIM Card Registration, Smart Workplace, e-Transform, Obaatanpa, Trancop, digital addressing, fintechs and the revamp of the national fibreoptic network” she famous.
The Minister indicated that, as the accelerated AfCFTA Guided Trade Initiative commences in pilot type with Ghana and 6 different proactive African nations taking cost, “we shall commence onboarding young entrepreneurs, Small and Medium Enterprises (SMEs), startups and all digital marketplace actors across the country onto the AfCFTA Hub, where they can obtain a free AfCFTA Number”.
The AfCFTA Number, in accordance to her was the highly effective seed of a single continental trust-building system that will complement different AfCFTA-enabling devices corresponding to the PAPSS, MANSA, Digital Green Corridor and e-Tariff mechanisms developed by the AfCFTA Secretariat, African Union, the 4D Consortium and trusted companions like Afreximbank and AfroChampions.
Mrs. Owusu-Ekuful added that, with the AfCFTA quantity, Ghanaian enterprises have been assure a certain and safe navigational device in addition to a trusted profile to pace up connections throughout the continent for enterprise.
She added that, along with the AfCFTA Common Transaction ID, the AfCFTA Number would additionally serve vital anti-fraud and crime-fighting functions domestically and regionally.
She stated that the Hub would construct confidence in each the entities and people who use their companies domestically and internationally. Adding that it was anticipated to create a real one cease store akin to our personal Amazon, EBay or Alibaba.
She used the discussion board to use to known as on companies and trade gamers to pace up the adoption of the AfCFTA Number and the AfCFTA Common Transaction ID frameworks in Ghana.
According to her, all individuals and enterprises engaged in the enterprise of courier, postal, supply, logistics, ride-sharing, e-commerce, digital buying and selling and any enterprise of that nature are required to receive an AfCFTA Number for free of charge at www.afcfta.app,
The regulation of such enterprises which hitherto has been a gray space might be strengthened by requiring digital registration with Postal and Courier Services Regulatory Commission, the National Information Technology Agency (NITA) and the Cybersecurity Authority by means of the digital interface obtainable on the AfCFTA Hub at www.afcfta.app.
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