The Vice President, H.E Dr. Mahamudu Bawumia, has urged the African Continental Free Trade Area (AfCFTA) Secretariat to come on board and get legal identity for all businesses across the African continent, while addressing a gathering at the opening ceremony of the 53 rd General Assembly of the World Trade Centres Association in Accra, on April 24, 2023.
This he says, will enhance easy transactions within Africa, amongst businesses and beyond because there is a single unique global legal identity for all businesses and that is what we should be working towards.
He noted that, “the logical next step in Government’s integration and economic development agenda is to enable Ghanaian businesses to partake in a globally accepted verification process to give them credibility and global reach”.
Dr. Bawumia further disclosed that, with the successful roll-out and acceptance of the Ghana Card as the single source of identity for Ghanaians and persons living in Ghana, Government has begun discussions with the Global Legal Entity Identification Foundation (GLEIF) to provide a single source of identity verification for all businesses (including SMEs) operating in Ghana.
