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Business News of Thursday, 31 August 2006

Source: GNA

Ghanaian exporters get logistics and packaging support

Accra, Aug. 31, GNA - The first logistics and retail company to assist Ghanaian exporters on packaging and logistics was on Wednesday inaugurated in Accra through a franchise agreement between ALLPORT Ghana Limited (AGL) and Sunshine Pack and Ship (SPS), a U.S. franchise company based in Dar es Salaam in Tanzanian.

By this agreement, the two companies would have to plan and initiate trading activities between small and medium size business in Ghana and the United States.

Mr David K. Camara, Director of Operations and Franchise Development of (SPS), who initialled the agreement for his company said the creation of the SPS franchise in West Africa would go a long way to strengthen the growth of trade between Ghana and the U.S.

He said the passage of the African Growth and Opportunity Act (AGOA) in 1998 was to promote and increase trade between African nations and the U.S, especially between small and medium sized business. Mr Camara also said the SPS franchise would provide a permanent solution on packaging and logistics including, forwarding for Ghana's export in handicrafts, where dealers would access the U.S. market by selling through e-Bay kiosk at SPS retail centres in Ghana.

Mr Richard A. Owusu, Chief Executive of AGL said his company would fully utilize the opportunities provided under the franchise agreement to help Ghanaian exporters on their packaging and logistics solutions. He cited instances where AGL was the sole logistics project company that handled the Shanghai Construction Group, the Chinese Construction Company that was currently building the two national stadia in Sekondi and Tamale. 31 Aug. 06