+
Ghana by virtue of its geographical location has been placed among the biggest beneficiaries of the African Continental Free Trade Agreement (AfCFTA), a former Oxford University professor, Noel Tagoe has said.
He is therefore urging the Ghanaian banking industry to team up with its counterparts on the African continent so as to fully benefit from the AfCFTA.
Ghana, he projects, will become a subsidiary hub for many multinationals.
But for that to be possible, he wants transportation infrastructure to be made a priority to facilitate trading activities.
“You cannot import and export without transportation infrastructure. So for those of us who are at the coast, we need very good ports to be able to handle big projects; ensuring that ports work very well is important. Therefore those who are inland [landlocked countries] need other means of carrying freight such as rail, road or air infrastructure – these are pretty costly – there should be an air agreement over Africa,”