The management of the India Export-Import Bank (India EXIM), led by the Managing Director, Ms. Harsha Bhupendra Bangari, has met with the Deputy Chief Executive Officer of the Ghana Export-Import Bank (GEXIM), Mrs. Nana Akyaa Obeng-Adiyiah, on behalf of the Chief Executive Officer, Mr. Lawrence Agyinsam.
The meeting was conducted on June 14, 2023, as part of the 18th CII-EXIM Bank Colloquium on India-Africa Growth Partnership, which was held from June 14 to 16 2023 at the Taj Palace in New Delhi, India.
The 18th CII-EXIM Bank Conference attracted approximately 200 international and Indian participants from export agencies, multilateral organisations, commercial credit insurers, governments, diplomats, and many more.
The purpose of the meeting was to strengthen the already cordial relationship between the two Banks, give them a chance to find methods to work together more effectively in existing and new areas of interest, and share knowledge about how their different operating systems operate.
In addition to expressing her excitement about the advancements Ghana has made over the years thanks to GEXIM initiatives, Ms Bangari also expressed the interest of India EXIM Bank in working with GEXIM and the Government of Ghana to play a strategic role in the development of several industries throughout the nation in line with Ghana’s industrialization agenda.
“We have been monitoring the situation in Ghana and the negotiations with the International Monetary Fund (IMF) since last year. We are hopeful Ghana will come out of its current economic challenges stronger and its economy will bounce back. As indicated, we are keenly interested in partnering with Ghana Exim Bank and the Government of Ghana in the One District One Factory initiative which is similar to one of the India EXIM Bank’s developmental projects dubbed, One District, One Product”, she added.
On her part, Mrs. Obeng-Adiyiah reiterated GEXIM’s mandate in championing the transformation of Ghana’s economy into an export-led one and the elimination of critical market failures in the Ghanaian economy to make Ghana competitive in the global marketplace.
“We are grateful to the Management of India EXIM Bank, especially the Managing Director, Ms. Bangari, for making time to host us, it shows the importance you attach to the relationship between us. We are excited about the great engagement today and very optimistic about the positive outcomes to help in stabilizing the Ghanaian economy. We look forward to the collaboration with India EXIM Bank on the One District One Factory flagship programme of the Ghanaian Government and resumption of the exchange programme between the two Banks to build the capacity of staff members”, she emphasized.
Other members of the GEXIM team at the meeting were Mr. Emmanuel Kofi Atubra, Senior Manager, Procurement, and Mr. Jonathan Christopher Koney, Assistant Manager, Corporate Affairs & International Cooperation.
