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Ghana Exim Bank CEO hosts US Embassy team
L-R; Jonathan Christopher Koney, Laurie Kelleher, Dean Matlack, Rosemary Beryl Archer, Lawrence Agyinsam, Hon. Michael Okyere Baafi, Victoria Afua Agbai, Paa Ekow Quansah.
The Chief Executive Officer of the Ghana Export – Import Bank (GEXIM), Lawrence Agyinsam, on Thursday, August18, 2022, hosted a team from the United States of America Embassy in Ghana, led by the Commercial Counsellor, Dean Matlack.
The meeting was held at the head office of GEXIM in Accra and afforded the Bank the opportunity to discuss areas of mutual interest for collaboration and building synergy with the United States of America Embassy.
In addition, it was a follow up to a meeting held between GEXIM and the United States of America Exim Bank (US Exim Bank) in May 2022 on the sidelines of the 2022 Spring Meeting of the International Union of Credit and Investment Insurers (Berne Union) held in Istanbul, Turkey.
Mr. Lawrence Agyinsam reiterated the Bank’s commitment to drawing a framework to operationalise an existing agreement for a USD300 million guarantee to be provided by the US Exim Bank after reviewing the existing memorandum of understanding signed by the two banks in 2019.
“In our quest to assist the Government of Ghana’s agenda to reposition the Ghanaian economy to become an export-led one and spearhead the industrialization drive, we need strategic partnerships such as the collaboration with the US Exim Bank. This is very important in helping us to carry out our mandate to help in realising the agenda to make Ghana a pillar in regional and continental trade. Currently, our team is working with officials of US Exim to finalise this and we are certain of great prospects from this partnership”, he added.
On his part, Dean Matlack expressed his appreciation for the warm reception accorded him and his team by GEXIM and said the US Embassy in Ghana is prepared to assist at all levels to ensure the success of the collaboration between the US Exim Bank and GEXIM. He further indicated the Embassy’s willingness to collaborate with GEXIM on projects aimed at ensuring healthy lives and wellbeing of people.
Other members of the GEXIM team at the meeting were Hon. Michael Okyere Baafi, the Deputy Minister of Trade and Industry, who is a Board Member of GEXIM, Rosemary Beryl Archer, Deputy Chief Executive Officer – Banking and Jonathan Christopher Koney, Assistant Manager, Corporate Affairs & International Cooperation.
Dean Matlack was accompanied by Laurie Kelleher, Commercial Officer, Victoria Afua Agbai, Commercial Specialist and Paa Ekow Quansah, Commercial Specialist.
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Manhyia would serve as Ghana’s unifying force …Otumfuo assures on commemoration of 27 years on the Golden Stool
The Asantehene, Otumfuo Osei Tutu II, last Friday celebrated his 27th enstoolment with a colourful and culture-rich ceremony at the Manhyia Palace in Kumasi, drawing a distinguished gathering of dignitaries from across Ghana and beyond.
Clad in splendid kente and adorned in rich traditional regalia, the dignitaries added colour and elegance to the occasion, as the palace grounds came alive with a vibrant display of Ghanaian culture.
Traditional drumming, dancing and symbolic rites underscored the deep-rooted heritage of the Ashanti Kingdom, captivating guests and reaffirming the value of tradition in modern society.
Speaking at a high-level Executive Gala organised by the Diaspora Affairs Office of the Office of the President in strategic partnership with the E ON 3 Group, the ‘World-Meets-in-Ghana’ gala, the Asantehene urged Ghanaians to guard against the divisive tendencies of partisan politics.
The event was to honour the Asantehene’s nearly three-decade reign under the theme ‘Advancing Peace and Sustainable Economic Development through Royal Vision’.
Otumfuo Osei Tutu II noted that such attitudes threatened the country’s long-standing values of unity, civility and brotherliness.
He assured that Manhyia would continue to serve as a unifying force for the nation.
The celebration also featured the presentation of commemorative gold coins to notable national leaders, including the President, John Dramani Mahama, former Presidents John Agyekum Kufuor and Nana Addo Dankwa Akufo-Addo as well as Dr Mahamudu Bawumia, a former Vice President in recognition of their contributions to peace and national development.
By Spectator Reporter
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Energy Minister announces full restoration of power generation units after major grid disruption
Energy Minister, John Jinapor has announced that all power generation units affected by the recent national grid disruption have been fully restored and are back in service.
According to the Minister on social media, engineers, technicians and emergency response teams worked continuously to restore electricity supply and stabilise the national grid after the incident caused major challenges within the power sector.
In a statement, the Minister praised the efforts of personnel from the Ghana Grid Company Limited, Volta River Authority and Electricity Company of Ghana for their commitment and coordination during the emergency.
“Mission accomplished. All generation units are now back in service,” the Minister stated.
He explained that despite the scale of the disruption, technical teams worked around the clock to restore power and secure stability within the system.
“Through their tireless work, discipline, and commitment to country, power has been restored and system stability secured,” he said.
The Minister further expressed appreciation to the leadership and staff of GRIDCo, VRA, ECG and other supporting agencies for their collective response to the crisis.
According to him, the successful restoration of the system demonstrates the resilience and capability of Ghanaian professionals in times of national difficulty.
“This moment shows that even under pressure, Ghana can rely on the strength and skill of its people,” he added.
The Minister offered prayers for the country’s energy sector and the engineers who led the restoration efforts.
“May God bless our engineers, our energy sector, and our nation,” he stated.
By: Jacob Aggrey
