Chief Executive Officer of McDan Group, Daniel McKorley on Friday, October 7, 2022, signed an agreement to invest cargo planes and sea freight vessels to support trading under the African Continental Free Trade Area (AfCFTA).
Announcing this at the launch of AfCFTA Guided Trade Initiative in Accra, the Minister of Trade and Industry, Alan Kyerematen, noted that the move by the Ghanaian entrepreneur was laudable.
He said the availability of cargo planes and sea freight vessels will help in the free movement of goods from one African country to the other.
He called on entrepreneurs to invest in transport logistic services for the smooth running of goods and services under AfCFTA.
Alan Kyerematen said, “Without sea freight, air cargo, this is not going to work and that’s why I want to end on this note for us to celebrate one entrepreneur in Ghana, McDan who is now signing an agreement with the AfCFTA investing in cargo plane and sea freight vessel, specifically to support the trading under AfCFTA.”
“I think this should be a call to other entrepreneurs across the continent to start looking at investing in this transport logistic services,” he added.
Meanwhile, Ghana, Egpyt, Cameroon, Mauritius, Rwanda, Tanzania and Tunisia are the 7 countries participating in AfCFTA.
The products traded include ceramic tiles, car batteries, pharmaceuticals, palm kernel oil, coffee, rubber, tea, components for air conditioners, among others.