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GEXIM deepens relations with US EXIM Bank
A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.
The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).
Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
Photos from the High-Level Event on Reparatory Justice for the trafficking of enslaved Africans and the racialised chattel enslavement of African people, convened at the United Nations Headquarters, New York.
Delivering a powerful address, President John Dramani Mahama underscored the moral urgency of confronting historical injustices and advancing a global commitment to reparatory justice.
“The entire transatlantic slave trade was designed to deny African people their humanity,” the President stated.
Highlighting the significance of ongoing international efforts, he added:“This resolution allows us, as a global community, to collectively bear witness to the plight of the 18 million men, women, and children whose homes, communities, names, families, hopes, dreams, futures, and lives were stolen from them over the course of four centuries.”
In reaffirming the enduring truth of justice, President Mahama noted:
“Just because everybody is doing something doesn’t make it right. Slavery is wrong now, and it was wrong then. For as long as Africans have been trafficked and enslaved, there have been abolitionists who have spoken up against it.”
He further called for a deeper reflection on identity and dignity:
“We must also remember to reclaim our own humanity… when we absorb too much of the language of violence and erasure, our minds become enslaved.”
A member of the New Patriotic Party (NPP), Beatrice Siaw, has expressed mixed views about Ghana’s current leadership, saying she admires President John Dramani Mahama but is not fully satisfied with how the country is being governed.
Speaking in an interview on Metro TV on Tuesday, she said although she belongs to the NPP, she finds it difficult to criticise the President personally.
“I admire President Mahama, so it’s hard to speak against him. But I do love my party. I am impressed with the President, not necessarily impressed with how things are going” she said.
She acknowledged that the NDC has made efforts in managing the economy and improving some key indicators. She noted that the party appears determined to prove critics wrong after previously being voted out of office.
“They are trying to do a lot of things that Ghanaians thought they couldn’t do when they were in power,” she said.
However, she was quick to add that these efforts may not necessarily translate into electoral success in the next election cycle.
When asked whether the NDC’s performance could pose a strong challenge in 2028, she said she does not believe so, although she admitted there have been some improvements in certain areas.
“In some aspects, yes,” she said when asked if she had been impressed by the government’s performance.
By: Jacob Aggrey
