A team from the India Export-Import Bank (India EXIM) led by its 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, Rosemary Beryl Archer – on behalf of Chief Executive Officer Lawrence Agyinsam, received the India EXIM team. The courtesy call follows a meeting between the two banks on Wednesday, June 14, 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 that equipped GEXIM to facilitate 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 relations 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 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 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 on 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; namely; Kad Manufacturing Limited and Entrance Pharmaceuticals and Research, both located in Accra.