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Originally published by Capital Business
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business
August 30, 2025
14h ago

Africa urged to boost value-added trade at London forum

Africa urged to boost value-added trade at London forum

  NAIROBI, Kenya, Aug 30 — Africa is losing billions by exporting raw commodities instead of processed goods, Ghana International Bank (GHIB) warned Kenya breaking news | Kenya news today |..

✨ Key Highlights

Africa is losing billions by exporting raw commodities rather than processed goods, a key concern raised at the GHIBCONVERGE 2025 forum in London. Central bankers and industry leaders convened to strategize ways to boost value-added trade and reduce economic vulnerability across the continent.

  • Only 14 percent of Africa's goods are exported as processed or value-added products.
  • Dean Adansi, Chief Executive Officer of Ghana International Bank (GHIB), highlighted the untapped billions in export revenues.
  • The forum advocated for value-addition funds and harmonized regulations under the African Continental Free Trade Area (AfCFTA).
  • GHIB partnered with Vista Bank to expand trade finance in West Africa.
  • Edmund Poku, CEO of Niche Cocoa Industry Ltd., received the inaugural Trader of the Year award.

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