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GEXIM supports SMEs through capacity building programme
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The Ghana EXIM Bank (GEXIM), has announced a support package for Small and Medium Enterprises(SMEs) through its capacity programme.
This falls under the SME Growth and Opportunity programme launched by the Ministry of Finance which offers a comprehensive package of financial and technical support, including capacity-building sessions, to address the critical funding constraints faced by SMEs.
Speaking at the Ghana EXIM Bank Stakeholder Session with SMEs on Thursday September 26, at the Trade Fair House in Accra, Rosemary Beryl Archer, Deputy Chief Executive Officer of Ghana Exim Bank, said, the government’s 10 points industrialization agenda has SME development at heart.
She said, on Tuesday July 16, 2024, the President of the Republic, His Excellency Nana Addo Dankwa Akufo-Addo launched the SME Growth and Opportunities Programme in Accra.
According to her, it is a ground-breaking initiative which seeks to assist Ghanaian SMEs to scale up and build their capacity to make them sustainable and compete favourably in the international marketplace. The Bank is a strategic partner.
She further noted that “Today, we want to share with you our plan for Micro and SMEs on our special initiative under the SME GO Programme to strategically position your businesses and take you to the next level. We want to share ideas and identify ways of supporting your businesses to grow. We are here for you, so please feel free to engage with us.”
She added that they want to develop them to grow into the international market, adding that if they contribute 70 percent of the GDP, then there is the need for them to be supported.
According to her, the mandate of the Bank is to support and develop trade between Ghana and other countries, overseas investments by Ghanaian Companies and eliminate critical market failures in the Ghanaian economy thereby making Ghana competitive in the global marketplace.
The deputy CEO of GEXIM Bank noted that financing from the Ghana EXIM Bank aims at key benchmarks derived from development instead of commercial objectives. These are employment creation, value addition through production, efficiency and foreign exchange revenue potential.
The Head of SME Banking at GEXIM, Bright Darko said as part of the programme some funds have been set aside under Capacity Building for some micro and small businesses who will need grants to support their operations.
He said it was why they met those businesses to try and explain to them what the programme was all about as well as how they could apply in line with the requirements.
He said as a department, they have seen access to finance as the main challenge of the SMEs because the commercial banks shy away from them.
Against this backdrop, Mr.Darko said, this facility has specially been put together to assist SMEs struggling to get funding from the commercial banks, adding that they are critical to the economy.
Additionally, he said, they would put in place monitoring systems to ensure that the grants are put to good use.
He also announced that the bank is on course of setting up a processing facility by June, 2025
After the meeting an application form was made available for them to start applying.
The application will run from now till the end of October, and within a period of 30 days of application, one is expected to get the fund.
The participants expressed appreciation to the government and the bank for coming to their aid to enhance their capacity.
They promised to put the support to good use,
By Edem Mensah-Tsotorme
Egypt will host Africa’s new flagship business summit this October, as leaders from across the continent converge in the newly built smart city of New Alamein for the inaugural Alamein Africa Forum.
The forum is scheduled for October 2-4, 2026 in New Alamein, Egypt’s fourth-generation coastal megacity.
The city combines advanced infrastructure, modern residential districts, international universities, cultural landmarks, and major tourism and investment projects under one master plan.
Dubbed “the continent’s premier gathering where political power meets entrepreneurial prowess,” the forum is expected to bring together over 20 African Heads of State and Government, senior leaders from leading international and regional financial institutions, and key players driving transformation across Africa’s most critical sectors.
Co-organised by the Government of Egypt, African Export-Import Bank, and AUDA-NEPAD, the Alamein Africa Forum is designed as a permanent biennial platform to advance strategic partnerships and unlock investment across Africa and global markets.[Afreximbank]
The agenda will focus on sectors defining Africa’s future: infrastructure, energy, digital transformation, manufacturing, critical minerals, health markets, and intra-African trade*.
The programme will feature high-level plenary sessions, sector-focused panels, closed-door roundtables, and structured B2B and B2G meetings aimed at facilitating concrete deals and long-term partnerships.
Special sessions will also highlight Egypt’s role as a regional hub and gateway to African markets.
The inaugural forum will be held in parallel with the 2026 African Union Mid-Year Coordination Meeting and the 33rd Annual Meetings of Afreximbank.
Organizers say the forum will serve as a launchpad to translate the African Union’s 50-year strategic master plan, Agenda 2063, into concrete projects, policies and partnerships that will define Africa’s economic trajectory for the next decade.
“In an era of shifting alliances and rising volatility, Africa can no longer afford to be a bystander in decisions that shape its own economic future,” organizers stated.
The forum aims to place the private-sector agenda at the heart of AU decision-making, lower investment risk, unlock capital, and build cross-border partnerships to strengthen Africa’s resilience to external shocks.
Located on Egypt’s Mediterranean coast, New Alamein represents Egypt’s vision for smart, sustainable urban development. Hosting the forum there is expected to showcase the city as both a symbol of African modernization and a hub for investment and innovation.
By bringing public and private sector leadership into one alliance, the Alamein Africa Forum is positioned to become Africa’s go-to space for turning commitments into implementation.
By Chris KONEY, for Egyptian Embassy, ACCRA.
Tourism, Culture and Creative Arts Minister, Abla Dzifa Gomashie, has called on stakeholders in the Bono Region to raise the bar on professionalism and patriotism if the region is to unlock its full tourism potential.
Speaking during a familiarisation tour of the region, the Minister met with staff of the Centre for National Culture (CNC) and Metropolitan, Municipal and District Chief Executives (MMDCs).
The engagement focused on how to position Bono as a leading cultural and tourism destination in Ghana.
Gomashie challenged public institutions to take a cue from the private sector by improving service delivery and embracing efficiency.
“Our institutions must be intentional about the way we serve the public,” she said, adding that “We need stronger collaboration and public-private partnerships to attract the right investment and build the tourism infrastructure that will make Bono competitive.”
The Minister urged MMDCs to work hand-in-hand with the Ministry and its agencies to identify, develop and promote key tourist attractions in their districts.
She also stressed the importance of preserving cultural heritage while creating an enabling environment for investors in tourism, culture and the creative arts.
The Minister added that “Tourism is not just about beautiful sites. It is about stories, about our heritage, and about the opportunities we create for our people.”
“This work we do today is not for ourselves alone. It is for Ghana and for generations yet unborn,” she noted.
Dzifa Gomashie further called on all stakeholders to build on the foundation inherited from previous leaders and leave behind a stronger, more vibrant sector.
The tour forms part of the Ministry’s efforts to decentralize tourism development and ensure every region benefits from Ghana’s growing creative economy.
By Edem Mensah-Tsotorme
