Sharp Daily
No Result
View All Result
Friday, May 9, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home International

Kenya and Ghana forge bilateral ties: strengthening trade, investment, and cooperation

Brenda Murungi by Brenda Murungi
April 4, 2024
in International, News
Reading Time: 3 mins read

Kenya and Ghana have entered into seven agreements to strengthen their bilateral ties. President William Ruto highlighted that these Memorandums of Understanding (MoUs), which include agreements signed by business groups from both countries, seek to promote trade and investment.

The objective is to broaden business opportunities for the private sector and citizens of both nations. Other MoUs include cooperation in science and technology, tourism, education, governance and defence.

President Ruto commended Ghana’s decision to remove visa requirements for all Africans by the end of the year, a move aimed at enhancing the continent’s integration.

“This commitment aligns with one of the goals of the African Continental Free Trade Area to create a single market in the continent and to drive economic growth, job creation and poverty eradication,” he said.

RELATEDPOSTS

Former sports CS Amina Mohammed lands key commonwealth position

December 21, 2023

In January of this year, Kenya also eliminated visa requirements for travellers from all nations. President Ruto highlighted that the unrestricted movement of individuals has fostered increased trade, investment, and tourism between Kenya and Ghana.

He emphasized that both countries intend to leverage the benefits of the African Continental Free Trade Area to enhance trade relations further.

“President Akufo-Addo and I are encouraged that under the Africa Continental Free Trade Area, our two countries have taken bold measures to explore these opportunities,” he said.

In October 2022, the President flagged off the inaugural shipment of Kenyan tea from Nairobi to Ghana.

“On 23rd September, 2023, Kenyan-made Chloride Exide batteries worth about KSh9.3 million landed in the Ghanaian Port of Tema, while Little Cab, a taxi-hailing service from Kenya, is now also operational in Ghana,” he added.

President Ruto emphasized the commitment of both nations to work together in addressing internal conflicts, warfare, terrorism, and violent extremism, with the goal of preserving peace and stability and consequently fostering regional development.

He stated that the inaugural Africa Climate Summit held in Nairobi in September provided an opportunity for African leaders to establish a unified stance in the global conversation on climate action leading up to COP28 in December and beyond.

The two leaders also deliberated on institutional reforms within the African Union, intending to enhance the organization’s efficacy and ensure the successful execution of Agenda 2063.

This entails restructuring AU organs, finalizing the allocation of responsibilities among the AU Commission Organs, Specialized Agencies, and Regional Economic Communities, and streamlining the agenda of the Pan-African Parliament to focus on key strategic matters.

President Akufo-Addo pledged to endorse Kenya’s candidacy for the Chairperson position of the African Union Commission for the term 2025-2028.
Concurrently, President Ruto assured Ghana of Kenya’s backing for Ms. Shirley Botchwey, Minister of Foreign Affairs and Regional Integration, as a candidate for the position of Commonwealth Secretary-General for the term 2024-2029.
Previous Post

MPs call upon Linturi to provide clarification on the distribution of counterfeit fertilizers

Next Post

Hundreds of officers transferred to Garissa County in police reforms action

Brenda Murungi

Brenda Murungi

Related Posts

News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025
News

Butere girls teacher accused of altering play script with political content

April 14, 2025
News

Police Launch Probe Into Alleged Misconduct at National Drama Festival

April 11, 2025

LATEST STORIES

A magical birthday at the springs

May 8, 2025

PSG defeat arsenal to reach Champions League final

May 8, 2025

The hidden risks of family-owned companies

May 8, 2025

Tackling Kenya’s housing crisis with affordable solutions

May 8, 2025

President Ruto’s economic failures root of rage

May 8, 2025

Why CURBS & CPRBS suit NSSF tier II contributions

May 7, 2025

Inter Milan vs. Barcelona – A Champions League classic

May 7, 2025

AI’s ethical implication in customer interaction and marketing

May 7, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024