PatrioticSpaces: Start-ups must take full advantage of AfCFTA – Fatimatu Abubakar

A Deputy Minister of Information, Fatimatu Abubakar, has advised Ghanaian youth to take advantage of the digital economy being spearheaded by the government to establish or expand their businesses.

She said there are so many opportunities in the digital space that could help address the unemployment situation in Africa if the youth make good use of the digital tools available to them.

“This is a conversation that is very important, especially to the youth,” Abubakar said at this week’s edition of #PatrioticSpaces on Twitter.

“The digital economy has come to stay in Ghana so the youth must take advantage of it,” she added.

She called on the youth to study the National African Continental Free Trade Area (AfCFTA) Policy Framework and Action Plan, which was recently launched by the government in order to grow their start-ups beyond the shores of Ghana.

Government, through the Ministry of Trade and Industry and the National AfCFTA Coordination Office (NCO), has unveiled the National AfCFTA Policy Framework and Action Plan to boost Ghana’s trading prospects with the 43 member-countries of the bloc.

The framework, which is geared toward the harmonisation of relevant policies, programmes, laws and regulations to boost the productive capacities of the private sector in Ghana, particularly the Medium and Small Scale Enterprises (MSMEs), is to harness the full benefits of the continental trade area agreement.

Speaking to the over 2000 participants, Abubakar said the Ghana National Coordinating Office of the African Continental Free Trade Area has developed an electronic Trade Information Repository interfaced with the African Trade Observatory (ATO) to increase trade prospects of Ghanaian businesses in the AfCFTA market.

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“Take advantage of it,” she said. “It makes your business credible and opens you up to the African market. You’ll be able to reach out to the markets you cannot reach.”

“With the AfCFTA more access is created for people to trust your business. It’s also going to create value for your small businesses. The government’s digitalisation drive is creating opportunities in e-commerce, digital banking that is saving us more time and money,” she said.

Hosted by Kow Essuman, the lead counsel to the President, he said: “It’s not everyone whose social media handles will be verified, so you’ve to take advantage of the online platform provided by AfCFTA. It’s a very powerful tool for everyone to use and that is another way to make you credible online.”

Watch the full Spaces below:

“Opportunities for Ghanaians in the Digital Economy” 🇬🇭 #PatrioticSpaces— I Am For Nana (@IAmForNana) August 24, 2022

Source: 3news.scom|Ghana