Exim Bank commits US$10m to yam export in Ghana

The Ghana Export-Import Bank (GEXIM) has announced a package of US$10 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 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 marketplace; 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 ...