Management of the Ghana Export – Import Bank (GEXIM) have announced a strategic collaboration with some diplomatic missions to promote and create a market for Made-In-Ghana products internationally following a successful engagement with the High Commission of Bahamas in Ghana, and the High Commission of Ghana in Malta.
The strategic collaboration was made known when a team from the High Commission of Bahamas in Ghana led by the High Commissioner, Andrew Wilson and Ghana’s High Commissioner to Malta, Barbara Akuorkor Benisa participated in the “Freedom Tuesday Market” hosted by the Bank on Tuesday March 5, 2024 in Accra.
“Freedom Tuesday Market”, held at the forecourt of Africa Trade House was a special edition of the bank’s popular Small and Medium Enterprises (SME) Fair to commemorate Ghana’s 67th independence anniversary celebration under the theme “Our Democracy, Our Pride”.
Speaking to the media, Andrew Wilson expressed his appreciation to the management of GEXIM for the strategic collaboration with the High Commission of Barbados in Ghana.
“This is very important to us because it will go a long way to deepen the bilateral relations between the two countries as well as provide the opportunity for Ghana to increase its international trade by exporting into the Caribbeanregion. This is going to be a great win for both countries and we are committed to making it happen”, he added.
On her part, Barbara Akuorkor Benisahig hlighted the tourist potential of Malta and underscored the need for the High Commission in Malta to leverage on that.
She stated that “Malta receives about three million tourists annually and these are people coming to holiday and with the spending power. There will be a lot of gains for us if we promote and sell our products in such a market with the possibility of getting them into the wider European market”.
The Deputy Chief Executive Office of GEXIM, Rosemary Beryl Archer affirmed the bank’s commitment to facilitate the transformation of Ghana’s economy into an export-led one by supporting and developing trade between Ghana and other countries, and overseas investments by Ghanaian Companies.
She added that “the bank has over the years been working with all the relevant and key stakeholders to eliminate critical market failures in the Ghanaian economy thereby making Ghana competitive in the global marketplace. The partnership with the foreign missions is very important in achieving our goal to reposition the Ghanaian economy and we are happy to see it through. By the end of the third quarter, we should have some presence and Made-In-Ghana products in the two countries”
The bank with the assistance of the High Commission of Bahamas in Ghana will create a hub for Made-In-Ghana products in Bahamas to be extensively promoted within the Caribbean. The Ghana High Commission in Malta will work with the Bank to create market access for Ghanaian products in Malta and across Europe.
Latest Stories
-
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
27 mins -
National Elections Security Taskforce meets political party heads ahead of December elections
31 mins -
Samsung’s AI-powered innovations honored by Consumer Technology Association
50 mins -
Fugitive Zambian MP arrested in Zimbabwe – minister
1 hour -
Town council in Canada at standstill over refusal to take King’s oath
1 hour -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
2 hours -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
2 hours -
Thousands of PayPal customers report brief outage
2 hours -
Gary Gensler to leave role as SEC chairman
2 hours -
Contraceptive pills recalled in South Africa after mix-up
2 hours -
Patient sues Algerian author over claims he used her in novel
2 hours -
Kenya’s president cancels major deals with Adani Group
3 hours -
COP29: Africa urged to invest in youth to lead fight against climate change
3 hours -
How Kenya’s evangelical president has fallen out with churches
3 hours -
‘Restoring forests or ravaging Ghana’s green heritage?’ – Coalition questions Akufo-Addo’s COP 29 claims
3 hours