On Wednesday 21st June 2023, a team from the India Export–Import Bank (India EXIM) led by the Deputy Managing Director, Mr. Tarun Sharma paid a courtesy call on the Ghana Export–Import Bank (GEXIM) at GEXIM’s headquarters, located at the Africa Trade House, in Accra.
GEXIM’s Deputy Chief Executive Officer, responsible for Banking, Ms. Rosemary Beryl Archer, on behalf of the Chief Executive Officer, Mr. Lawrence Agyinsam, received the India EXIM team. The courtesy call follows a meeting between the two banks on Wednesday 14th June 2023 on the sidelines of the 18th CII – EXIM Bank Conclave on India Africa Growth Partnership in New Delhi, India.
Ms. Archer underscored the important role India EXIM together with US EXIM, USAID, and Afreximbank played as strategic partners in the nurturing and development of GEXIM when it was established in 2016. Management of GEXIM at the time adopted the operational model of India EXIM.
“We are happy to be hosting the India EXIM team today following the very successful meeting they had with our team led by the Deputy CEO responsible for Finance and Administration, Mrs. Nana Akyaa Obeng-Adiyiah in New Delhi, India a week ago. We are grateful for the collaboration over the years, especially the Institutional Capacity Building programme in 2017 to equip GEXIM to facilitate the development of the Small and Medium Enterprise (SME) sector and Non-Tradition Exports (NTE) in Ghana. We are hopeful of greater prospects ahead in our cordial relation to benefit the two Banks”, she added.
On his part, Mr. Tarun Sharma thanked the Management of GEXIM for the warm reception and highlighted the need for deepening the collaboration between the two Banks. “It feels great to be here today and I am certain of a stronger partnership between Indian EXIM and GEXIM to help businesses both in Ghana and India to tap into opportunities available in both countries and in the global marketplace. We are open to collaborate with the Government of Ghana through GEXIM on the One District One Factory initiative”, he added.
The India EXIM team visited the GEXIM Made-In-Ghana shop (MiG Town), located at the ground floor of Africa Trade House in Accra. 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.
Together with officials of GEXIM, the team later visited two of the companies financed by GEXIM, under the One District One Factory inactively, namely; Kad Manufacturing Limited and Entrance Pharmaceuticals and Research, both located in Accra.