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Business & Finance

African businesses have capacity to alleviate poverty – AfCFTA Director of Customs

By : cd on 27 Sep 2022, 10:10     |     Source: citinewsroom

AFCTFTA

The Director of Customs at the Africa Continental Free Trade Area (AfCFTA), Mohammed Ali says African Businesses have the capacity to help alleviate poverty by creating jobs.

Mohammed Ali maintains that the trading sector in the African continent has experienced many challenges as a result of the COVID-19 pandemic.

Giving his remarks during the unveiling ceremony of Exide Chloride Batteries in Tema, he urged Africans to explore diverse businesses to create jobs.

“We need to tell our own story, we have our own products, we have our own advantages and that is what the AfCFTA is about.”

“We had to fight COVID-19. We had to fight economic crisis. We had to fight different market systems because having an agreement is something else and getting all the logistics to speak for you is another problem.”

“Under the guidance of the heads of state and government and the council of ministers of trade, we have what we call the first ministerial directive, which helps to operationalize the schedules of our activities and aims to connect businesses and government.”

The newly unveiled battery which is imported from Kenya will see YesuDemCompany Limited headed by Gifty Naana Afianu as the sole distributor in Ghana.

She expressed confidence in trade avenues created by AfCFTA which made it possible to unveil Exide Chloride Battery.

She maintains that as a company, YesuDem is working assiduously to always put the best out in the market in WestAfrica.

The Chief Finance of AMB EA LTD, NixonPaloma Baraca speaking to Citi Business News urged Ghanaians to try the product.

He said a 12-month- warranty has been given to meet the demands of the competition.