The Chief Executive Officer of the Ghana Free Zones Authority, Ambassador Mike Oquaye Jnr., has emphasized the need for Ghanaians to take advantage of the Africa Continental Free Trade Area (AfCFTA).
Speaking during an interaction with the President and members of the East Legon Executive Business and Fitness Club, Mr. Oquaye encouraged Ghanaian investors and entrepreneurs like the Members of the East Legon Executive club to take advantage of the AfCFTA, in line with the Authority’s vision to assist Ghanaian businesses to “Achieve More exports, Beyond the Horizon – into Africa and the Rest of the World”
The interaction forms part of the GFZA’s drive to consolidate and grow local interest and participation in the Free Zones Scheme and also to encourage businesses to take advantage of the Africa Continental Free Trade Area (AfCFTA).
Amb. Oquaye Informed the group that contrary to the perception that the Free Zones Scheme is an area fully dominated by foreign companies, available figures show; 31% of businesses are wholly owned by Ghanaians, 33% jointly owned by Ghanaian and foreign interest, and 36% wholly foreign-owned.
“More Ghanaians must get on board to create more wealth and jobs locally, in line with the vision of Ghana Beyond Aid – as espoused by President Akufo-Addo,” he added.
Members of the club took turns to ask questions touching on, how to secure a Licence, challenges with Exports into West Africa, the need for government to support businesses to penetrate other countries among others.
The ‘Ghanaian Entrepreneurs for Export’ drive is a roadshow that will see the leadership of the GFZA personalizing its interaction with potential investors, associations, and business groupings
