Ghana International Bank (GHIB) has pledged to work with the government to strengthen the country’s export sector, as authorities seek to expand agro-processing, support export-oriented businesses and accelerate industrialisation.
The commitment was made during a meeting between GHIB Chief Executive Officer Ian Greenstreet and Trade, Agribusiness and Industry Minister Elizabeth Ofosu-Adjare.
The discussions centered on financing export-ready businesses, expanding value addition in agriculture and supporting small and medium-sized enterprises, which the government sees as central to boosting exports and economic growth.
Ofosu-Adjare urged the London-based bank to identify companies capable of competing in international markets and provide financing to businesses with strong growth potential.
“Let us work together to support small companies that have approached us and have demonstrated resilience over time through your financial support,” she said.
The minister said backing export-oriented companies would advance Ghana’s industrialisation agenda while providing sustainable returns for the bank.
She also disclosed that the government plans to provide additional support to the Ekumfi Juice Factory to expand production capacity, increase the processing of pineapples and pawpaw, boost exports and strengthen Ghana’s brand in the U.K. market.
The minister identified cocoa, cashew and oil palm as priority sectors for investment, saying two additional cashew processing factories are expected to be established while the government will intensify its focus on oil palm production next year.
“I believe agro-processing is a good area for you to invest,” Ofosu-Adjare said.
Greenstreet said GHIB would work with the ministry and the Ghana Export-Import Bank (GEXIM) to deepen collaboration aimed at strengthening Ghana’s export sector.
He said the partnership would help expand international business opportunities for Ghanaian companies, support local enterprises and accelerate economic growth.
The engagement comes as Ghana seeks to diversify exports beyond traditional commodities by expanding value-added agricultural processing and increasing the contribution of manufacturing to the economy. The government has identified export-led industrialisation and stronger financing for SMEs as key pillars of its trade and industrial policy.
