In the agribusiness sector, the bank signed agreements with Nadkansco Company Limited and Freshsaco Foods Exports Company Limited to promote value addition, support farmers and expand non-traditional exports through agro-processing and improved market access.
The bank is further supporting SPEG with financing to acquire heavy-duty machinery for pineapple processing, a move expected to scale up production, create jobs and enhance export competitiveness.
Similarly, GEXIM’s collaboration with Buntaa Farms Limited is aimed at boosting local poultry production, reducing import dependence and strengthening food security through increased domestic capacity.
On the industrial front, GEXIM signed an MoU with Arise Integrated Industrial Platforms Limited (Arise IIP) to support the development of an industrial zone, with the company providing feasibility studies and technical expertise for the project.
Additionally, the bank is working with the Biotechnology and Nuclear Agriculture Research Institute (BNARI) to upgrade its tissue culture laboratory into a centre of excellence to support large-scale production of planting materials for the pineapple industry.
GEXIM stated that the partnerships reflect a broader strategy to catalyse investment, strengthen local industries and position Ghana as a competitive player in regional and global trade.
Credit: CITI NEWSROOM
