Ghana charts a bold path for export-led growth at GEXIM@10 conference

Ghana has reaffirmed its commitment to building a resilient and export-driven economy, as leaders gathered to mark the 10th anniversary of the Ghana Export-Import Bank at the GEXIM@10 International Conference.

Speaking at the event, Jane Naana Opoku-Agyemang highlighted the urgent need for Ghana to transition from an import-dependent economy to one driven by value addition and competitive exports.

According to her, sustainable prosperity will depend on how effectively the country strengthens its production base and positions itself within the global market.

The conference brought together key stakeholders, including development finance institutions, export credit agencies, industry leaders, and government officials. The event was hosted by the Ghana Export-Import Bank, under the leadership of Sylvester Adinam Mensah.

Established in 2016 under the administration of John Dramani Mahama, the Ghana Export-Import Bank was created to finance production, support industrialization, and promote the export of finished goods rather than raw materials. A decade later, the institution stands as a key pillar in Ghana’s push for export-led growth.

In her address, Prof. Opoku-Agyemang stressed that Ghana must strengthen its financial systems to better support industries, particularly in a rapidly changing global environment marked by trade tensions, shifting supply chains, and climate pressures. She noted that economic diversification is no longer a choice but a necessity.

She also pointed to the opportunities presented by the African Continental Free Trade Area, urging businesses and policymakers to take full advantage of the expanded market access across the continent.

Improving access to finance,especially for small and medium-sized enterprises,was identified as critical to unlocking Ghana’s industrial potential.

Looking ahead, the next phase of GEXIM’s journey will focus on expanding export financing, strengthening industrial capacity, embracing innovation, and fostering collaboration between government, the private sector, and development partners.

The anniversary, she noted, is not just a celebration of progress but a call to action. Ghana must move decisively to build a more competitive, diversified, and inclusive economy.