News
Ghana Exim Bank commits USD10 Million to yam export
• Mr. Lawrence Agyinsam, CEO of Ghana Exim
The Ghana Export-Import Bank (GEXIM) has announced a package of 10 million dollars (USD10 million) to support yam export as part of the Bank’s effort to develop the sector and ensure Ghana remains the world’s largest exporter of yam.
The announcement was made by the Chief Executive Officer of GEXIM, Lawrence Agyinsam, at a Stakeholder Consultative Forum on Yam Export organised by the Bank on Tuesday, July 26, 2022, in Accra.
It was under the theme: “Facilitating International Trade; The Role Of Ghana Exim Bank in Yam Exports”.
According to Mr. Agyinsam, the Bank, as part of its mandate is to support and develop directly or indirectly trade between Ghana and other countries and build Ghana’s capacity and competitiveness in the international market place and approved by its Board, is ready to extend this financial support to this sector.
“The Ghana Export – Import Bank Act, 2016 (Act 911) mandates us to plan, promote, develop and finance export-oriented concerns as well as provide support for Small and Medium Enterprises engaged in agro-processing and export trade. In 2020, export of yam tubers reached a record-high of US$48 million according to data from the Ghana Export Promotion Authority (GEPA), making the country the world’s largest exporter of yam. With this financial package, we are optimistic to improve on the figures and also entrench our position as global leader when it comes to yam export”, he added.
The GEXIM CEO further highlighted the Bank’s support for the sector at various levels over the years to enhance their productivity as well as build their capacity through technical assistance to boost international trade.
Mr. Agyinsam urged all stakeholders within the yam value chain to be abreast with global trends in the production and export of yam and ensure they conform to the required processes and meet the globally defined standards and certification for yam export.
The Executive Secretary of Ghana Root Crops and Tubers Exporters Union (GROCTEU), Mr. Robert Taylor, called for more support from state agencies and regulators to enable their members to scale up in their operations and increase their productivity.
He further urged yam exporters to strategically position themselves to take advantage of GEXIM’s financial package to increase their exports.
Representatives from other organisations were given the opportunity to make a presentation on their contribution in the value chain. They included the Ghana Standard Authority, Council for Scientific and Industrial Research (Food Research Institute) CSIR, Ministry of Food and Agriculture, Ghana Shippers’ Council and Ghana Export Promotion Authority (GEPA).
The 30th Ghana Journalists Association (GJA) Media Awards has celebrated three decades of recognising excellence and contributions to journalism and national development, while highlighting the media’s role in Ghana’s democracy.
Marking the milestone, Philip Osei Bonsu of the Multimedia Group emerged as the GJA/P.A.V. Ansah Journalist of the Year.
The Ghanaian Times’ Benedicta Gyimah Foley won the Best Feature Reporting, Print category, alongside other journalists recognised across various media platforms.
Other winners included Nathaniel Attoh, Best in Sports Reporting; and Godwin Asediba of Media General, Best in TV Documentary; Doreen Ampofo of GBC, Best in Radio Documentary; and freelance journalist Nii Adjei Mensahfio, Best in Online Documentary.
Daniel Kwabena Mantey was adjudged Best in TV Feature, while Clinton Yeboah of Luv FM won Best in Radio Feature, with Gilbert Azeem Tiroog of GNA taking Best in Online Features.
For news reporting, Mohammed Fugu of the Daily Graphic won Best in Print News Reporting, Nabil Ahmed Rufai, a freelance journalist, Best in TV News Reporting; Ridwan Karim Dini-Osman of EIB Network, Best in Radio News Reporting; and Timothy Ngnenbe of the Daily Graphic, Best in Online News.
The ceremony, held in Accra last Saturday on the theme, “Celebrating Excellence, Advancing Media Freedom and Combating Hate Speech in the Digital Age”, was attended by President John Dramani Mahama as the special guest of honour.
Also in attendance were the Ga Mantse, King Tackie Teiko Tsuru II, and the Inspector-General of Police, Mr Christian Tetteh Yohuno, among others.
In his address, President Mahama announced a GH₵10 million allocation in the 2027 national budget as seed capital for the reactivated Media Development Fund to support journalists’ welfare, professional development, investigative reporting and safety training, with additional corporate contributions expected.
Mr Mahama, also urged media practitioners to uphold professionalism and accuracy by avoiding sensationalism, unsubstantiated allegations and the deliberate pursuit of scandals, while promptly correcting inaccurate reports and apologising when necessary to maintain public trust and professional standards.
On journalists’ safety, he assured that the government would continue to act against attacks on them.
By Stephanie Birikorang
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Today, I focus on the theme of Ghanaian/African migrants in Finland and economic empowerment, a move away from the topic of personalities or groups and their accomplishments within the Ghanaian community in Finland that I have been writing on.
In recent times, African migrant associations and Finnish institutions are organising meetings or forums and help people seeking employment to meet employers or build professional networks to achieve economic empowerment.
Such forums are usually open to their members and anyone of African descent.to get into the Finnish job market.
Competences
Researchers and experts say entrepreneurship or self-employment has great potential to offer a route for migrants, including highly-educated ones, to participate in and contribute to the local economy.
Competences, including knowledge and knowhow, opportunities, and social capital such as family support, language, etc., are necessary to boost the entrepreneurship endeavour.
Competence in the official Finnish or Swedish languages is undoubtedly a key quality to improve employment prospects, especially for migrants since the overall unemployment among migrants could be higher than in the mainstream Finnish population.
There could also be particular privileges which may be the provision of the right information for potential entrepreneurs or job seekers.
Barriers and stress factors
Although language has a huge potential to contribute positively to entrepreneurship possibilities, studies have shown that some of the major stress factors are language problems, finances or economic capital among African migrants.
Other barriers or challenges may be how to grow the business venture or its sustainability.
Thus, migrant communities can generally be highly vulnerable to language barrier, lack of information, the nature of the work of migrants in professions where working from home is not possible.
Migrant associations, social networks, and information
By their activities, migrant associations are doing much to educate and create awareness as well as enhance economic empowerment through migrants’ entrepreneurship or self-employment and enhance opportunities.
Such associations and institutions become networks that create an important social capital as well as outlets for sharing and gaining information or knowledge. Also, it will all be for societal good if such activities are able to help reduce stress and anxiety in the migrants’ entrepreneurship endeavours.
As I keep pointing out, Finland is committed to the integration of migrants into the Finnish society. A number of research studies from surveys and other in-depth enquiries have shown a trend of increasing efforts to integrate African and other migrants into the Finnish society.
Public agencies, migrant associations and other non-governmental organisations (NGOs) in Finland have been publishing information to help educate people, which is also good for their wellbeing.
Generally, migrant associations formally create awareness among their members and other migrants usually in collaboration with some Finnish institutions, and are thus an important tool for several migrants to be positively active and to get their interests and claims heard.
As I wrote previously, the role of migrant associations acting as bridge-builders for the integration and inclusion of migrants through participation in the decision making process and by acting as a representative voice is highly appreciated in Finland. Thank you!
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