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Prof. Kwesi Botchwey goes home
Ghana’s longest-serving Finance Minister, Professor Kwesi Botchwey, has been laid to rest.
A state funeral service was held for the late National Democratic Congress stalwart at the State House on Thursday, December 22, 2022, after which a private burial service was organised for him.
Several dignitaries including President Nana Addo Dankwa Akufo-Addo, Vice President Dr. Mahamudu Bawumia, former President John Dramani Mahama, former Speaker of Parliament, Prof. Aaron Mike Oquaye, National Chairman of the NDC, Johnson Asiedu Nketiah, a host of other NDC officials among others.
Prof. Botchwey died on November 19, 2022, at the Korle-Bu Teaching Hospital, where he was seeking medical care.
He passed on a month after celebrating his 80th birthday.
Reading a tribute on behalf of the NDC at the funeral service, NDC Chairman, Asiedu Nketiah said in spite of Prof. Botchwey’s many achievements and accomplishments, he remained humble, affable, gentle, patient to a fault and an arbiter at all levels for his Party, the NDC.
“We treasure the legacy he left behind, notwithstanding the grief and pains his family, friends and political colleagues are going through. We mourn our late brother, friend and comrade-in-arms, for he meant a lot to the umbrella family.
“Prof Kwesi Botchwey’s loyalty, selfless commitment, devotion to duty and unparalleled hard work will always remain a beacon for us to cherish and to aspire to. We take consolation in the fact that our late comrade had a purposeful and fulfilled life on earth.”
Also reading a tribute at the funeral service, Senior Presidential Advisor, Yaw Osafo-Maafo, said the late Finance Minister contributed immensely to the growth of Ghana’s economy.
“As someone with in-depth knowledge of economics, he contributed immensely to Ghana’s economy. The late Prof. Kwesi Botchwey’s dedication to his work gained him international recognition, and he served in many international organizations. Prof. Kwesi Botchwey was a blessing to the nation Ghana, to Africa, and to the world at large, he played a major role in enhancing the economy of Ghana and Africa. His death is a very big loss to us,” he added.
Professor Kwesi Botchwey was born on September 13, 1942, in Tamale in the Northern Region.
He was appointed by the late Jerry John Rawlings to assist in stabilising Ghana’s collapsed economy from 1982 to 1993.
He continued as Finance Minister from January 7, 1993, when Ghana returned to democratic governance and served till 1995 before his then deputy, Kwame Peprah took over from him.
The former government official was a Professor of Practice in Development Economics at The Fletcher School of Law and Diplomacy of Tufts University.
He received his secondary school education at the Presbyterian Boys’ Senior High School in Ghana.
Prof Botchwey held an LL.B. from the University of Ghana, LL.M from Yale Law School, and a doctorate from the University of Michigan Law School.
He taught at the University of Zambia, the University of Dar es Salaam (Tanzania) and the University of Ghana.
He was on September 3, 1944, and was a member of the Council of Elders of the opposition National Democratic Congress (NDC).
Source: Citi Newsroom
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its sixth (6th) Exchange Programme, hosted by the Ghana Export – Import Bank (GEXIM) Bank in Accra from March 22 to 23 March.
The event brought together member institutions, partner organisations and Ghanaian public entities to advance dialogue on South-South trade, investment and development finance, while also creating opportunities for knowledge-sharing and institutional cooperation.
Organised as a capacity-building and networking platform, the 2026 edition of the G-NEXID Exchange focused on GEXIM’s experience in developing innovative solutions to promote intra-African and extra-African trade.
It also highlighted trade and investment opportunities in Ghana, particularly in the context of the African Continental Free Trade Area (AfCFTA) and broader national development initiatives.
The Exchange Programme forms part of G-NEXID’s mandate to foster cooperation among export-import banks and development finance institutions in support of South-South trade and investment.
This 6th edition follows earlier successful programmes hosted by India Exim Bank (2016), BNDES (2017), Indonesia Eximbank (2018), Afreximbank (2019) and Saudi EXIM Bank (2025).
On the first day, participants were presented with G-NEXID institutional information and received an update on the Network’s 2026 work programme.
There were a series of substantive presentations, including an overview of the Ghanaian economy by the Ministry of Finance, with particular attention to debt-related challenges; a presentation by the Ghana Investment Promotion Centre (GIPC), on investment opportunities in the country; and institutional presentations by GEXIM and Development Bank Ghana (DBG) on their respective mandates, initiatives, products and services.
Discussions during the sessions underscored strong interest in sector-focused webinars and business dialogues, particularly in agribusiness value chains such as poultry and rice.
Participants also emphasized the importance of continued information exchange and the sharing of best practices, especially in the area of guarantees.
The second day opened with a presentation on the 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy launched by President John Dramani Mahama in July 2025.
The initiative aims to enhance economic productivity through continuous industrial activity, accelerated export development and strategic import substitution.
As the programme is expected to mobilise both private and development capital, it presents concrete opportunities for G-NEXID members in areas such as co-financing, guarantees, trade finance and technical cooperation.
The programme also featured institutional presentations by guest organisations, namely the African Guarantee and Economic Cooperation Fund (FAGACE) and the West African Development Bank (BOAD), which shared their mandates, initiatives, products and services.
Following these exchanges, the G-NEXID Secretariat held bilateral discussions with both institutions as part of the Network’s ongoing membership drive.
Participants further benefited from a presentation by the Eastern and Southern African Trade and Development Bank (TDB), as well as a showcase of GEXIM’s key pipeline projects.
On the margins of the Exchange Programme, G-NEXID members also held their 20th Annual General Assembly Meeting to review progress and discuss strategic priorities.
Following the event, participants joined the GEXIM@10 International Conference, held from March 24-25, 2026 under the theme, “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”
The conference provided an important platform for exploring how Ghana can strengthen its transition from a primary commodity exporter to a more competitive player in value-added trade and industrial development.
Source – G-NEXID
President John Dramani Mahama on Tuesday, March 31, 2026, signed five bills including three amendment bills passed by Parliament into law.
They are: Security and Intelligence Agencies Bill, 2025; University of Engineering and Agricultural Sciences Bill, 2025; Ghana Deposit Protection (Amendment) Bill, 2025; Growth and Sustainability Levy (Amendment) Bill, 2026; and Education Regulatory Bodies (Amendment) Bill, 2026.
In a brief remark after assenting to the bills, President Mahama explained that the Security and Intelligence Agencies Act, 2026, scraps the Office of Minister of National Security and frees the President’s to appoint any Minister to supervise the security agencies.
He said it also reverses the name of the office of National Intelligence Bureau (NIB), to the original name, Bureau of National Intelligence, (BNI).
This the President said, addresses the confusion between that security agency and a well-known Ghanaian financial institution, the National Investment Bank.
President Mahama also noted that the University of Engineering and Agricultural Sciences Act, 2026, establishes another University in the Eastern Region, at Bonsu, with three campuses – the main campus at Bonsu in the Eastern Region, with the second campus to be cited at Ohawu in the Oti Region.
The third, the Presdient assed will be located at Acherensua in the Ahafo Region.
Touching on the Amendment to the Growth and Sustainability Levy Act, the President said, “As you’re aware, the act was amended to increase it from 1% to 3%, and so this act reduces it again. That is the levy on mining companies. It reduces it again to 1%, because of the introduction of the sliding scale of royalties.”
He also spoke to the passage of the Government Education Regulatory Bodies Amendment Act, emphasising that amends Act 1023 to grant greater flexibility to private tertiary institutions and the option to Charter.
The Ghana Deposit Protection Amendment Act, the President concluded, is an amendment to an original act that was supposed to guarantee deposits held in commercial banks or financial institutions.
It basically expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.
The signing ceremony, was witnessed by the Clerk of Parliament, Mr. Ebenezer Ahumah Djietror, Secretary to the President, Dr Callistus Mahama, the Minister of Justice and Attorney General, Dr Dominic Akrutinga Ayine, Chief of Staff, Julius Debrah, Joyce Bawa Mogtari, a Senior Presidential Advisor and a Special Aide to the President, Finance Minister, Dr Cassiel Ato Baah Forson, and the Vice President, Professor Jane Naana Opoku Agyemang.
