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in Banking

Ghana Exim Bank Hosts Executive Director of the Caribbean Export Development agency

Maynard Championby Maynard Champion
June 15, 2023
Reading Time: 3 mins read
exim bank 2

The deputy chief executive officer of the Ghana Export–Import Bank (GEXIM), responsible for Finance and Administration, Nana Akyaa Obeng-Adiyiah, on behalf of the chief executive officer, Lawrence Agyinsam, hosted the executive director of the Caribbean Export Development Agency (CARIBEXPORT), Deodat Maharaj.

The meeting, which took place at the headquarters of the bank in Accra forms part of CARIBEXPORT’s trade and investment mission to Ghana with the objective to explore opportunities for trade, investment, and cooperation between countries of the Caribbean Forum and Ghana.

Welcoming Maharaj, Obeng-Adiyiah emphasised on the mandate of the Bank; supporting the Government of Ghana’s quest for a feasible and sustainable export-led economy.

Obeng-Adiyiah further highlighted the bank’s support to Ghanaian businesses across several industries, from the Pharmaceutical sector, Agribusiness and Processing, Manufacturing, SMEs, and Exports, to Handicrafts.

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Obeng-Adiyiah, moreover, advocated for closer collaboration between the Bank and CARIBEXPORT for mutual benefit.

“Knowing the strategic role CARIBEXPORT plays in building a resilient and viable private sector in the Caribbean, we are excited about this meeting to explore the possibility of collaboration in areas of mutual interest.

“As we harness the export potential of our clients and other Ghanaian businesses, we are happy to explore opportunities for our clients and other Ghanaian businesses to get access to the Caribbean market.”

Obeng-Adiyiah

Appreciation to the Executive Management of GEXIM

On his part, Deodat Maharaj expressed his appreciation to the executive management of GEXIM for receiving him and sharing with him a deeper insight into the Bank’s operations.

Deodat Maharaj is optimistic about a great collaboration between Ghanaian companies and CARIBEXPORT following their meetings with Ghanaian Ministers, Industry Captains, and relevant state agencies and stakeholders.

“As a regional trade and investment promotion agency focused on cutting-edge and high-impact support to the private sector, we have immensely contributed towards the creation of jobs, a transformation of our economies, and support the Caribbean to achieve the Sustainable Development Goals.

“We are happy to collaborate with Ghana Exim Bank and we could start by focussing on Renewable energy, Agriculture and Agriculture Technology, Information Communications Technology, and Financial Technology.”

Deodat Maharaj

Maharaj later visited the GEXIM Made-In-Ghana shop (MiG Town), located on the ground floor of Africa Trade House in Accra. 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.

The Ghana Export-Import Bank (GEXIM) was established by the Ghana Export-Import Bank Act 2016 (Act 911) to support the Government of Ghana’s quest for a feasible and sustainable export led economy.

It facilitates the transformation of Ghana’s economy into an export one by supporting and developing trade between Ghana and other countries, overseas investments by Ghanaian Companies and eliminate critical market failures in the Ghanaian economy thereby making Ghana competitive in the global marketplace.

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