A management team from the Ghana Export-Import Bank (GEXIM), led by the bank’s acting chief executive, Sylvester Mensah, met with the leadership of the Export-Import Bank of the United States (US Exim) on Wednesday (23 April) in Washington, DC in the United States of America.
The acting president and chairman of US Exim, James C Cruse and vice-president for international relations, Isabel Galdiz, received the GEXIM delegation, which included the deputy CEO for banking, Moses Klu Mensah, and head of international co-operation, Jonathan Christopher Koney, at the headquarters of US Exim.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, John Dramani Mahama, for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
James C Cruse expressed US Exim’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new co-operative framework agreement following the expiration of a memorandum of understanding signed in 2019 to utilise US Exim’s medium-term loan guarantees to procure machinery by GEXIM for qualified Ghanaian small and medium-sized enterprises (SMEs).
Sylvester Mensah thanked the acting president and chairman of US Exim for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for the economic transformation of Ghana, with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US Exim annual conference on 29 and 30 April 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
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