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GNCCI Strengthens Ties with Ghana Exim Bank to Enhance Private Sector Growth

Accra: The Ghana National Chamber of Commerce and Industry (GNCCI) has reinforced its commitment to fostering private sector growth by deepening collaboration with the Ghana Export-Import Bank (GEXIM).

According to Ghana News Agency, a delegation from the Chamber, led by Dr. Mrs. Emelia Assiakwa, the First Vice President, paid a visit to the Chief Executive Officer of GEXIM, Mr. Sylvester Adinam Mensah, and Mr. Klu Mensah, the Deputy CEO. The engagement focused on strengthening support for businesses, improving access to international markets, and promoting Ghana's export sector.

Dr. Assiakwa provided an overview of the Chamber's role as the leading voice of the private sector, highlighting the key services it offers to businesses across various industries. She emphasized that its mission aligned with the government's broader agenda of enhancing private sector-led economic growth. She expressed gratitude on behalf of the delegation to GEXIM for its efforts in supporting Ghanaian businesses, particularly in facilitating access to new markets across the globe.

The discussions underscored the critical role of GEXIM in Ghana's economic development, with a particular focus on boosting export capacity. GNCCI reaffirmed its commitment to working closely with GEXIM to ensure that businesses could leverage these opportunities to scale up production and add value to their products before exporting. The Chamber emphasized the importance of structured partnerships, advocating for policies that encouraged business sustainability, innovation, and international competitiveness.

Both institutions acknowledged that continuous dialogue and technical collaboration are necessary to drive meaningful changes in the export sector. GNCCI proposed further engagements between the Chamber and GEXIM, including the formation of a technical team to oversee collaborative projects. Both parties pledged to work together to implement initiatives that will create more opportunities for Ghanaian businesses and ensure their success in global markets.

Mr. Mensah outlined GEXIM's core mandate of handling both export and import financing, stressing the importance of a well-defined strategy in driving economic transformation. The bank's strategic initiatives aim to encourage the manufacturing sector, promote the development of the agriculture sector, and support research and development across key areas of the value chain. He said the bank continued to invest in pharmaceutical development, enhance food production, and value addition to locally manufactured goods to make them more competitive in international markets.

Additionally, GEXIM remains committed to import substitution, ensuring that Ghanaian businesses have the necessary resources to reduce reliance on imports while strengthening local industries.