Ghana Standards Authority’s Post

President Bola Ahmed Tinubu announced the inauguration of the National Stakeholders Working Group (NSWG) of the Extractive Industries Transparency Initiative (NEITI), pledging to ensure transparency in Nigeria’s extractive sector. The president also reaffirmed Nigeria’s commitment to the implementation of the principles and Standards of the global Extractive Industries Transparency Initiative (EITI) in Nigeria. To read more, click on https://lnkd.in/dG37bMrF #publicsectorglobal #trendingnews #governmentnews #ministry #governmentagency #appointment #government #publicsector

The 15th Extractive Industries Transparency Initiative (EITI) Report for Liberia covering the fiscal period July 1, 2021, to December 31, 2022, has showed that total revenues from the extractive sector amounted to $182.35 million, accounting for 17.16% of government’s domestic revenue for the period under review. To get details about the report which covered the country's extractives value chain and related industries, as well as the challenges and recommendations highlighted in the report, click the link to download the full report. https://lnkd.in/dKeq8ngW EITI (Extractive Industries Transparency Initiative)Liberia Extractive Industries Transparency Initiative Jeffrey N. Yates MBA, CFE, CFIP Samson Tokpah Juliet Alohan Ukanwosu

Secure your exports to Zanzibar with Bureau Veritas

Earlier this week, Afreximbank and Bureau Veritas launched the project development activities for the second African Quality Assurance Center (AQAC) in Ngor Okpala, Imo State. This landmark event, graced by His Excellency Senator Hope Odidika Uzodinma, Governor of Imo State, showcased the prototype design and underscored the center's pivotal role in enhancing export potential for Nigeria and neighbouring countries. Building on the success of the pilot AQAC in Ogun State, the Imo State AQAC will focus on food, agricultural products, and other goods, ensuring they meet international standards. This initiative is set to boost exports and foster economic growth, aligning with Afreximbank’s mission. Speaking at the event in Imo State, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development Bank, Afreximbank said: “The commencement of project development activities of the AQAC in Imo State marks a significant step forward in Afreximbank’s mission to enhance Nigeria and the continent’s export potential. By ensuring that “Made in Africa” goods and products meet international standards and technical regulations at export markets, we are not only boosting trade but also fostering economic growth across the continent in line with the Bank’s mandate.” Read more: https://lnkd.in/e3P3_TWH #Afreximbank #AQAC #IntraAfricanTrade #AfCFTA #QualityAssurance

It's been 24 years since the African Growth and Opportunities Act, AGOA came into force. How well has Africa profited from this piece of legislation in boosting its export to US market, especially in non-oil? What are the prospects as US Congress begins consideration for extending the AGOA? Find out from this piece. https://lnkd.in/dudjW5xS Dale Carnegie Africa,

[READ]: The Ministry of Commerce, Industry, and Trade has today officially launched the National African Continental Free Trade Area (AfCFTA) Implementation Strategy. The strategy and its implementation plan chart a pathway for Eswatini's business community to reap the benefits of the AfCFTA agreement. Minister Manqoba Khumalo: "The strategy identifies priority export products and services with high export potential, key value chains, value addition and trade opportunities, as well as constraints, measures and capacities required for the country to take full advantage of the national, bilateral, regional and global markets within the context of the AfCFTA." Donwload the full strategy here: https://lnkd.in/dcZ4N3f7

Opening addresses on Day 1 of the Manufacturing Indaba by David Romero, Justin Barnes and Jakkie Cilliers highlighted the opportunity the manufacturing sector holds for the growth of the African continent. Noting specifically that the potential for Africa should not only be viewed in relation to Africa - the opportunity is global. Additionally, we need to appreciate sustainability as a manufacturing business opportunity rather than predominantly as a challenge. #Manufacturing #Absa #Africanopportunity #futureproofingbusiness #ManufacturingIndaba #MFGIndaba #YourStoryMatters

Strengthening Saudi-Bahrain Economic Ties Through the Takamul Program Saudi enterprises are set to benefit from Bahrain’s Local Value-Added Program, Takamul, as the program opens registration to Saudi companies. Part of Bahrain's Industry Sector Strategic Initiatives 2022-2026, Takamul aims to boost local value addition and enhance supply chain efficiency in industrial products. This initiative underscores the deep-rooted partnership between Saudi Arabia and Bahrain, further reinforced by the recent Saudi-Bahraini Coordination Council meeting. Through Takamul, Bahraini products are recognized as Saudi in local procurement processes, and participating Saudi companies can achieve a 75% In-Country Value, earning a 10% preference in Bahrain's government tenders. The collaboration, praised by Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef, is expected to stimulate Saudi industries, boost trade, and attract foreign investments, deepening economic integration between the two nations. #SaudiBahrainPartnership #TakamulProgram #EconomicIntegration #SaudiIndustry #BahrainIndustry #LocalValueAdded

Export success in Africa for Machynlleth manufacturer

AIPG (Association for International Promotion of Gum) WGA Hamburg (Wirtschaftsvereinigung Groß- und Außenhandel Hamburg e.V.) just published a 2nd update of “AIPG Information on Current Supply Situation of #GumArabic” RR Srl as a member of The AIPG is glad to share important information regarding the #sudanese developing situation. “...The AIPG Board is monitoring the development of this situation and keeps contact with all the members, including those present on site. Based on decades of experience in the #sudan business and generally as producers, importers, and manufacturers of natural products from all over the world, AIPG members are confident that at this stage, the supply is not at risk. AIPG members are working to re-establish a #sudanese supply chain, under identical conditions of safety, conformity and compliance to those in place before the beginning of the conflict. It is hoped that the economical and - beyond all – the humanitarian stability can be fully restored for the whole country.   Furthermore, we would like to inform that #acaciagum does neither figure amongst the top 10 contributors to the Sudanese GDP nor does it significantly contribute to the #sudanese export statistics. This product category is of neglectable financial interest to the conflicting parties... "