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GEXIM Management Discusses Collaboration With Danish Ambassador

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A team from the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah, on Wednesday February 12, 2025 met officials of the Danish Embassy in Ghana, led by the Head of Mission, His Excellency Tom Nørring at the embassy in Accra.  

The meeting afforded the management of the Bank the opportunity to provide a deeper insight into the operations and mandate of the Bank as well as explore possible areas of mutual interest for collaboration with the embassy and other key Danish public and private sector players.

Sylvester Mensah highlighted the vision of the Bank to become a strong financial institution that will be a key engine in the development of Ghana’s export trade, facilitate cross border trade and make Ghana a pillar in regional and continental trade.

 He added that the Bank is seeking to advance the policy priorities of the government in the areas of accelerated export trade, increased food production, support agribusiness and to generate growth in job opportunities.

He further emphasized a priority focus on the garment sub-sector for mass employment at a relatively short time as an area for partnership, collaboration and funding for onward lending.  

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On his part, His Excellency Nørring expressed his appreciation to the Chief Executive and his team for the opportunity to explore avenues of working with the embassy as well as Danish institutions for the benefit of Ghanaian and Danish businesses.

He expressed his optimism of a great collaboration across various sectors. Some “next steps” were agreed upon for immediate follow-up.

Other members of the GEXIM team were Mr. Moses Klu Mensah, Deputy Chief Executive Officer, responsible for Banking and Business Operations and Mr. Jonathan Christopher Koney, Manager, International Cooperation. 

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Diaspora Affairs Office hosts African diaspora delegation ahead of citizenship conferment

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The Diaspora Affairs Office at the Office of the President has hosted a delegation of African diaspora women who are in Ghana ahead of a planned Presidential Conferment of Citizenship ceremony.

The Director of Diaspora Affairs, Kofi Okyere Darko, explained in a Facebook post that the visit was a gesture of appreciation by the delegation to the Government of Ghana for its continued efforts to reconnect Africans in the diaspora with their ancestral homeland.

He indicated that the ceremony, scheduled for next Monday, will officially grant Ghanaian citizenship to members of the delegation as part of the country’s broader engagement with the African diaspora.

The delegation was led by Erica Bennett, Founder of the Diaspora Africa Forum.

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According to Mr Okyere Darko, her years of advocacy have played an important role in strengthening ties between Africa and people of African descent living abroad.

He noted that the group’s journey towards citizenship represents not only a legal process but also a cultural and spiritual return to their roots.

Also present at the meeting was Natalie Jackson, an attorney who is also expected to receive Ghanaian citizenship during the ceremony. She works closely with renowned civil rights lawyer Ben Crump.

Mr Okyere Darko emphasised that Ghana remains committed to strengthening relationships with the African diaspora and promoting unity, identity, and shared heritage among people of African descent worldwide.

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By: Jacob Aggrey

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Ghana signs debt restructuring agreement with Belgium

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Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to restore the country’s economic stability after the financial crisis that hit the nation in 2022 and 2023.

The Minister of Finance, Cassiel Ato Forson, today disclosed that he signed the agreement on behalf of the Government of Ghana.

He explained that Ghana experienced a very difficult period during the crisis, which forced the government at the time to declare a debt default.

However, he indicated that the country is now recovering and witnessing a significant economic turnaround.

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According to him, stronger systems are also being put in place to ensure that Ghana does not return to such a situation again.

Dr Forson noted that the agreement with Belgium is the eighth deal Ghana has concluded with countries under the Official Creditor Committee as part of its external debt restructuring programme.

He expressed appreciation to the Government of Belgium for its support and partnership with Ghana during the process.

The Finance Minister thanked Carole van Eyll, Ambassador of Belgium to Ghana, for her role in strengthening relations between the two countries.

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The agreement forms part of Ghana’s broader effort to restructure its external debts and stabilise the economy following the crisis.

By: Jacob Aggrey

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