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in Vaultz Business

GEXIM MiG Town, a Laudable Initiative to Develop SMEs- Deputy Trade Minister

Maynard Championby Maynard Champion
August 31, 2022
Reading Time: 3 mins read
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Hon. Michael Okyere Baafi, the Deputy Minister for Trade and Industry and Member of Parliament for the New Juaben South Constituency, has lauded the establishment of the first Ghana Export-Import Made-In-Ghana (MiG) Town (GEXIM MiG Town)

The Member of Parliament commended the management of GEXIM and other key stakeholders for successfully launching the GEXIM MiG Town, noting that it will help to support Small and Medium Enterprises (SMEs).

“I am very excited about the GEXIM MIG Town knowing how beneficial it will be to the Ghanaian SMEs in various ways. This is very important in contributing to the development and growth of the Ghanaian SME industry and I urge all stakeholders to help in promoting the Ghanaian agenda.”

Michael Okyere Baafi

GEXIM Bank Launches GEXIM MiG Town

The Ghana Export-Import Bank (GEXIM) launched its first GEXIM Made-In-Ghana (MiG) Town at its head office, located at the Africa Trade House in Accra, opposite Cedi House.

The GEXIM MiG Town is an outlet that stocks assorted, innovative and well packaged Made-In-Ghana products including food and ingredients, beverages, skin and beauty care products, textiles, apparel, garments, leather footwear and slippers and many others.

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According to the Bank, the GEXIM MiG Town will be opened to the general public from Mondays to Fridays between the hours of 9:00am and 6:00pm. It is designed to be a one-stop shop for everything Made-In-Ghana at unbeatable prices and the highest quality.

The Deputy Chief Executive Officer of GEXIM responsible for Banking, Rosemary Beryl Archer, explained the Bank’s rationale for introducing the GEXIM MiG Town concept and its objective.

“In line with our mandate to plan, promote, develop and finance export-oriented concerns as well as provide support for Small and Medium Enterprises (SMEs) to engage in agro-processing and export trade, management of the Bank introduced the GEXIM Tuesday Market to provide a platform for SMEs to showcase their products for exposure and patronage.

“Following the huge success achieved with the GEXIM Tuesday Market, management thought of a concept to help in driving the campaign for Ghanaians to patronise Ghanaian-made products, thereby sustaining the businesses of Ghanaian SMEs. The GEXIM MiG Town is a hub for the best of Ghanaian-made products.”

Rosemary Beryl Archer

The Deputy Chief Executive Officer added that people will now have a one-stop shop to get the very best of Ghanaian made products at unbeatable prices and highest quality. This is a huge step in the campaign for people to patronise Ghanaian products and help Ghanaian SMEs to scale up.

“We welcome all Ghanaian SMEs with innovative products to bring samples for the GEXIM MiG Town. Management is considering setting up GEXIM MiG Towns in other parts of the country”.

Rosemary Beryl Archer

Over the years, the Bank has introduced several initiatives to help in the repositioning of the Ghanaian economy into a feasible and sustainable export-led economy.

READ ALSO: AGI Calls for Abolition of Import Taxes on Raw Materials

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Tags: Deputy Trade MinisterGEXIM BankGEXIM MiG TownMade in GhanaSMEs
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