Give value addition and export competitiveness top priority – Vice President To Gexim

by Mawuli
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PR & COMMS UPDATES – MOTAI

Ghana’s Vice President, Jane Naana Opoku-Agyemang, has asked the Ghana Export-Import Bank (GEXIM) to increase support for value addition, industrial production, and MSMEs to boost Ghana’s export competitiveness.

She made this statement on Wednesday, March 25, 2026, during the GEXIM@10 International Conference in Accra, which celebrated ten years of the Bank’s activities under the subject “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”

While GEXIM has made great progress in promoting manufacturing, agriculture, and non-traditional exports, the Vice President pointed out that in order to advance Ghana up the value chain, stronger institutions, more export financing, and intentional efforts are needed due to changing global trade dynamics.

Sampson Ahi, Deputy Minister for Trade, Agribusiness, and Industry, called the conference a “working session” and emphasised the need for workable, timely solutions to issues including export readiness, compliance costs, and financing availability.

Sylvester Adinam Mensah, the CEO of GEXIM, summarised the Bank’s achievements over the previous ten years but stressed a change to a more targeted, results-driven approach based on sector prioritisation, MSME growth, and expanded trade finance instruments.

High-level interactions took place on the first day of the conference, including talks on the changing role of development finance institutions in Africa and a panel on how EXIM banks can boost national trade competitiveness.

Exchange rate stability and its effects on export competitiveness were discussed in a fireside chat with Mr. Johnson Asiamah, Governor of the Bank of Ghana, emphasising the significance of trade financing, market confidence, and policy trade-offs.

A keynote address emphasised the growing significance of digital technology and artificial intelligence in bolstering export finance, while other sessions explored strategies to unlock MSME export potential through creative collateral systems, guarantees, and risk mitigation measures.

It is anticipated that the conference would yield practical suggestions to direct GEXIM’s subsequent stage and bolster Ghana’s shift to a more robust, export-driven economy.

Source: newsthemegh.com

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