TRALAC - Trade Law Centre

Ghana Chamber to build capacity of businesses to utilise opportunities in AGOA

Wednesday, 24 October 2018

Source: Business Ghana

The Ghana National Chamber of Commerce and Industry and its partners are working together to increase Ghana's utilisation of African Growth and Opportunity Act (AGOA).

AGOA accords sub Saharan African countries the opportunity to export over 6,500 products on a duty-free and quota-free basis.

Over the years, Ghana had not been able to derive much benefit from AGOA, hence the need to encourage them to form partnerships to make strides, Nana Dr Appiagyei Dankawoso I, President of GNCCI said.

He said this at a meeting called by the Chamber for Producers and Exporters to encourage partnerships to penetrate the U.S market to grow their businesses as well the economy. Nana Dankawoso said at the just ended AGOA Expo, which was a Trade Fair in New York, the Chamber explored a number of opportunities to enable business access US market.

He said the Chamber also identified strategic partners in U.S in the product areas such as shea butter and black soap, yam and plantain, and garments. "Particularly on garment, 800,000 hospitable scrubs will be sourced from Ghana to a Cincinnati based Standard Textile.

"Golf shirts, shirt, pants, lab coat, vest, apron, coverall, among others, will also be sourced from Ghana under AGOA," he added. Nana Dankawoso I said they have put plans in place to source one container a month, which would be increased as and when the Ghanaian manufacturers were up to the speed.

The collaboration, he said, would impact positively on the Ghanaian economy, contributing about 30 million dollars of foreign exchange into the Ghanaian economy within five years. It will also create employment opportunities for 3,000 workers who will otherwise be unemployed as well as help stabilise the cedi in relation to the U.S Dollar.

He said the collaboration will further provide training for workers and senior management in the garment industry and will place Ghana on the world map as a sourcing alternative to the Asian countries. He said the Chamber was working with the Ghana EximBank to build the technical and financial capacity of SMEs free of charge to utilise the opportunities under AGOA.

He, therefore, urged interested exporters to contact the Chamber for further assistance.

View related news articles

Ghana Apparel Training Centre launched to develop garment industry

Ghana Apparel Training Centre launched to develop garment industry

In efforts to support Ghana’s garment manufacturing industry, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, together with its partners – Ethical Apparel Africa (EAA), Gerber, Groz Beckert, Freudenberg and Accra Technical Training College (ATTC), have officially launched the Ghana Apparel Training & Service Centre, in Accra. The launch...

27 November, 2020
US-Ghana trade deepens as 2019 local AGOA Expo ends

US-Ghana trade deepens as 2019 local AGOA Expo ends

The Ghana Chamber of Commerce and Industry (GNCCI) has ended its Africa Growth Opportunity Act (AGOA) trade Expo with a high-powered business to business meeting which saw over 50 African American businesses strike business deals with Ghanaian businesses partaking of the event.  President of the Chamber, Dr Nana Appiagyei Dankawoso 1 was confident “the engagement...

11 December, 2019
US delegation reaffirms commitment to Ghana’s apparel manufacturing industry

US delegation reaffirms commitment to Ghana’s apparel manufacturing industry

The United States of America has reaffirmed its commitment to supporting Ghana’s apparel manufacturing industry. This follows a visit of a high-level U.S Congressional Delegation including its Speaker, Nancy Pelosi, to Ghana’s largest apparel manufacturer in West Africa, Dignity Do the Right Thing (DTRT) located in Adabraka, Accra. Speaking to JoyBusiness at the visit...

30 July, 2019
Ghana: Exports under AGOA hit US$748m in 2017

Ghana: Exports under AGOA hit US$748m in 2017

Renewed confidence in the African Growth and Opportunity Act (AGOA) has resulted in an upward trend, with the country’s trade under the programme registering a total of US$748million last year, according to the Ghana National Chamber of Commerce and Industry (GNCCI).The surge in performance reflects the collective efforts by government and other stakeholders including the...

17 September, 2018
US steps up its game in Africa, a continent open for business

US steps up its game in Africa, a continent open for business

“The U.S. needs to step up its game in Africa,” said U.S. Secretary of Commerce Wilbur Ross in Accra, Ghana, Thursday in an expected and welcome assessment.  The secretary was in Ghana to close out the four-country mission of the President’s Advisory Council on Doing Business in Africa (PAC-DBIA), originally established by...

07 July, 2018
US Secretary of Commerce Wilbur Ross, announces $1 billion in deals during Africa mission

US Secretary of Commerce Wilbur Ross, announces $1 billion in deals during Africa mission

U.S. Secretary of Commerce Wilbur Ross and a delegation from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) announced over $1 billion in private-sector deals during their mission to four sub-Saharan nations. PAC-DBIA members expect to quickly conclude more than $2 billion in additional deals in the coming days.   The four-nation visit,...

06 July, 2018
Ghana: Textile and garments committee inaugurated

Ghana: Textile and garments committee inaugurated

The reconstituted National Technical Committee for Textiles  and Garments was on Friday inaugurated to ensure that Ghana meets the requirements for the production of textiles and garments for the local and the international markets. The committee, which has been expanded in size from 12 experts to 22, would be responsible for the development and implementation of...

22 May, 2018
Position yourselves to take advantage of opportunities under AGOA - Ghana Minister

Position yourselves to take advantage of opportunities under AGOA - Ghana Minister

Minister of Trade and Industry, Alan Kyerematen has appealed for an effective coordination between U.S. development agencies and organizations with regards to what they are willing to offer for the growth and implementation of the African Growth and Opportunity Act (AGOA). According to him, although AGOA seeks to expand trade investment between the U.S.A. and sub-Saharan...

02 May, 2018
Ghana taking greater advantage of AGOA — Ambassador Robert Jackson

Ghana taking greater advantage of AGOA — Ambassador Robert Jackson

Ghana is taking greater advantage of the African Growth and Opportunity Act (AGOA), the outgoing American Ambassador to Ghana, Mr Robert Jackson, has said. “Ghanaian non-oil exports to the United States (US) doubled in 2017. We saw continued growth in apparel, as well as new products such as frozen orange juice and dried mango. Ghana’s apparel exports increased from...

20 March, 2018
'Ghana lauded for good performance under AGOA'

'Ghana lauded for good performance under AGOA'

Ghana has been lauded for its performance under African Growth and Opportunities Act (AGOA); more than doubling its exports to the United States to about $300 million between 2016 and 2017, reflecting a general growth of African exports to the US under AGOA.  Mr. Harry Sullivan, Acting Director for Economic and Regional Affairs of the Bureau of African Affairs, said...

15 February, 2018