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Greater Co-Operation key to safeguarding Maritime Domain – Pres Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has called for greater levels of co-operation and collaboration amongst the broad spectrum of global maritime stakeholders.
“No nation can afford to do it alone. Ghana, being cognizant of her responsibilities as a coastal state, is playing her part in collaborating with the international maritime community towards enhancing maritime security in the region and on the entire African continent,” he said.
That is why, “the African Maritime Forces Summit and Naval Infantry Leaders Symposium, thus, provide us with a unique opportunity to strengthen our partnerships, and enhance our collective capabilities.”
President Akufo-Addo said this at the opening of the second African Maritime Forces Summit and third Naval Infantry Leadership Symposium Africa in Accra on Tuesday, April 30, 2024.
Held under the theme, “Cooperation at Sea: Safeguarding African Maritime Security”, President the African Maritime Forces Summit and Naval Infantry Leaders Symposium, provide us with a unique opportunity to strengthen our partnerships, and enhance our collective capabilities through constructive dialogue, exchange of best practices, and exploring innovative solutions to the maritime security challenges facing our continent.”
Recognising the Gulf of Guinea region as a key route for international trade that connects all the major continents, from the Middle East and Asia to Europe and the Americas and the growing investments in the region, especially in offshore oil and gas infrastructures, he said the coastal trading and maritime traffic are bound to increase and with this growing wealth and geo-strategic relevance, the region has to cope with both traditional and emerging maritime security threats.
Whilst recognising that these transnational crimes do not only threaten national and regional peace and stability, but also come at a great cost to the economies of both coastal and non-coastal states, he was happy to note that, “piracy and armed robbery at sea, which are the most visible symptoms of insecurity in the Gulf of Guinea, have, as a result of the co-ordination of efforts of the Nigerian and Ghanaian navies, been appreciably suppressed” and though they still remain important threats to national and regional maritime activities.
It is in lieu of this, he continued, that is why it is “imperative that we foster greater co-operation and collaboration amongst African maritime forces. By working together, sharing intelligence, and coordinating our efforts, we can address effectively maritime security threats, and safeguard our maritime domain.”
He noted that, to this end, several collaborative efforts have been advanced by African countries which included regional collaborations between neighbouring countries to improve the approach to dealing with maritime crimes such as the operationalisation of the Yaoundé Code of Conduct to deal with maritime crimes and the revision of the Gulf of Guinea Commission, which had been moribund for some time, to contribute to securing the peace and stability of the Gulf of Guinea.
On the part of Ghana, he pointed out government’s commitment towards the retooling of the Ghana Navy and the Ghana Armed Forces, amply demonstrated in the commissioning of some twenty vessels for the Navy with the process of acquiring two Offshore Patrol Vessels for the Navy also far advanced as well as the building of a new Naval Base in the Western Region which is also nearly completed.
“These investments would help safeguard the security of our maritime space, and lead to an accelerated growth of our blue economy. Other African countries have shown similar commitments, and collaboration with our key partners have ensured the significant improvement in the security of Africa’s maritime domain,” he said.
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its sixth (6th) Exchange Programme, hosted by the Ghana Export – Import Bank (GEXIM) Bank in Accra from March 22 to 23 March.
The event brought together member institutions, partner organisations and Ghanaian public entities to advance dialogue on South-South trade, investment and development finance, while also creating opportunities for knowledge-sharing and institutional cooperation.
Organised as a capacity-building and networking platform, the 2026 edition of the G-NEXID Exchange focused on GEXIM’s experience in developing innovative solutions to promote intra-African and extra-African trade.
It also highlighted trade and investment opportunities in Ghana, particularly in the context of the African Continental Free Trade Area (AfCFTA) and broader national development initiatives.
The Exchange Programme forms part of G-NEXID’s mandate to foster cooperation among export-import banks and development finance institutions in support of South-South trade and investment.
This 6th edition follows earlier successful programmes hosted by India Exim Bank (2016), BNDES (2017), Indonesia Eximbank (2018), Afreximbank (2019) and Saudi EXIM Bank (2025).
On the first day, participants were presented with G-NEXID institutional information and received an update on the Network’s 2026 work programme.
There were a series of substantive presentations, including an overview of the Ghanaian economy by the Ministry of Finance, with particular attention to debt-related challenges; a presentation by the Ghana Investment Promotion Centre (GIPC), on investment opportunities in the country; and institutional presentations by GEXIM and Development Bank Ghana (DBG) on their respective mandates, initiatives, products and services.
Discussions during the sessions underscored strong interest in sector-focused webinars and business dialogues, particularly in agribusiness value chains such as poultry and rice.
Participants also emphasized the importance of continued information exchange and the sharing of best practices, especially in the area of guarantees.
The second day opened with a presentation on the 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy launched by President John Dramani Mahama in July 2025.
The initiative aims to enhance economic productivity through continuous industrial activity, accelerated export development and strategic import substitution.
As the programme is expected to mobilise both private and development capital, it presents concrete opportunities for G-NEXID members in areas such as co-financing, guarantees, trade finance and technical cooperation.
The programme also featured institutional presentations by guest organisations, namely the African Guarantee and Economic Cooperation Fund (FAGACE) and the West African Development Bank (BOAD), which shared their mandates, initiatives, products and services.
Following these exchanges, the G-NEXID Secretariat held bilateral discussions with both institutions as part of the Network’s ongoing membership drive.
Participants further benefited from a presentation by the Eastern and Southern African Trade and Development Bank (TDB), as well as a showcase of GEXIM’s key pipeline projects.
On the margins of the Exchange Programme, G-NEXID members also held their 20th Annual General Assembly Meeting to review progress and discuss strategic priorities.
Following the event, participants joined the GEXIM@10 International Conference, held from March 24-25, 2026 under the theme, “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”
The conference provided an important platform for exploring how Ghana can strengthen its transition from a primary commodity exporter to a more competitive player in value-added trade and industrial development.
Source – G-NEXID
President John Dramani Mahama on Tuesday, March 31, 2026, signed five bills including three amendment bills passed by Parliament into law.
They are: Security and Intelligence Agencies Bill, 2025; University of Engineering and Agricultural Sciences Bill, 2025; Ghana Deposit Protection (Amendment) Bill, 2025; Growth and Sustainability Levy (Amendment) Bill, 2026; and Education Regulatory Bodies (Amendment) Bill, 2026.
In a brief remark after assenting to the bills, President Mahama explained that the Security and Intelligence Agencies Act, 2026, scraps the Office of Minister of National Security and frees the President’s to appoint any Minister to supervise the security agencies.
He said it also reverses the name of the office of National Intelligence Bureau (NIB), to the original name, Bureau of National Intelligence, (BNI).
This the President said, addresses the confusion between that security agency and a well-known Ghanaian financial institution, the National Investment Bank.
President Mahama also noted that the University of Engineering and Agricultural Sciences Act, 2026, establishes another University in the Eastern Region, at Bonsu, with three campuses – the main campus at Bonsu in the Eastern Region, with the second campus to be cited at Ohawu in the Oti Region.
The third, the Presdient assed will be located at Acherensua in the Ahafo Region.
Touching on the Amendment to the Growth and Sustainability Levy Act, the President said, “As you’re aware, the act was amended to increase it from 1% to 3%, and so this act reduces it again. That is the levy on mining companies. It reduces it again to 1%, because of the introduction of the sliding scale of royalties.”
He also spoke to the passage of the Government Education Regulatory Bodies Amendment Act, emphasising that amends Act 1023 to grant greater flexibility to private tertiary institutions and the option to Charter.
The Ghana Deposit Protection Amendment Act, the President concluded, is an amendment to an original act that was supposed to guarantee deposits held in commercial banks or financial institutions.
It basically expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.
The signing ceremony, was witnessed by the Clerk of Parliament, Mr. Ebenezer Ahumah Djietror, Secretary to the President, Dr Callistus Mahama, the Minister of Justice and Attorney General, Dr Dominic Akrutinga Ayine, Chief of Staff, Julius Debrah, Joyce Bawa Mogtari, a Senior Presidential Advisor and a Special Aide to the President, Finance Minister, Dr Cassiel Ato Baah Forson, and the Vice President, Professor Jane Naana Opoku Agyemang.
