How Ghana and Zambia are Redefining AfCFTA Trade

Christopher Ajwang
3 Min Read

The ink on the visa waiver agreement is barely dry, but the impact is already being felt across the continent. This isn’t just about a stamp-free passport; it’s about creating a “high-speed trade lane” between West and Southern Africa. During his address to the Zambian National Assembly earlier today, President John Dramani Mahama laid out a vision where the distance between Accra and Lusaka is bridged not just by air, but by a seamless digital and commercial exchange.

 

1. Fintech as the “Digital Glue”

A major pillar of this visit is the Ghana-Zambia Business Dialogue. Ghana, currently a continental leader in Fintech and digital payments, is looking to export its “mobile money interoperability” model to Zambia.

 

The Goal: To allow a trader in Lusaka’s Comesa Market to pay a supplier in Accra’s Makola Market instantly, using their local currency via integrated digital wallets.

 

Why it Matters: Removing visa barriers is step one; removing payment barriers is step two. By combining visa-free travel with fintech collaboration, the two nations are making cross-border business as easy as a local transaction.

 

2. Mining and Agriculture: A Reciprocal Exchange

Zambia’s expertise in copper mining and Ghana’s established gold and cocoa sectors are at the heart of the new trade MOUs.

 

Skills Transfer: The agreement facilitates the movement of “technical talent.” Zambian mining engineers can now more easily consult on Ghanaian projects, while Ghanaian agricultural experts (specifically in cocoa value addition) are set to support Zambia’s emerging commercial farming sectors.

 

Food Security: With both nations facing climate-driven agricultural challenges, the visa-free deal allows for more frequent “field-level” collaboration between research institutions to ensure regional food stability.

 

3. The “Mahama Directive” and Passport Power

Foreign Minister Samuel Okudzeto Ablakwa revealed today that President Mahama gave a strict “pre-visit ultimatum”: the visa waiver had to be finalized before the plane touched down in Lusaka.

 

The Rationale: Mahama is positioning Ghana as a “Hub for the Global South.” By ratifying five visa-waiver deals in the last year (including Mozambique and Colombia), Ghana is creating a “Passport Power” that bypasses traditional Western-centric travel routes.

 

The Global South Pivot: This strategy serves as a hedge against tightening visa rules in the US and Europe, ensuring that Ghanaian businesses always have open doors in the world’s fastest-growing emerging markets.

Share This Article
error: Content is protected !!