Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare
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The Minister for Trade and Industry, Elizabeth Ofosu-Asjare, has reported that the Ghana Export-Import (EXIM) Bank disbursed a total of GHS 304 million in 2025, recovering GH¢ 107 million while continuing efforts to retrieve legacy loans. She made these disclosures during her appearance at the Government Accountability Series.

According to Minister Ofosu-Asjare, the Bank is actively pursuing the recovery of non-performing loans from earlier disbursements, a process aimed at strengthening its financial base and ensuring funds are available for productive investments.

“Recovery of legacy loans remains a top priority for EXIM Bank to protect public resources and support sustainable development,” she said.

Looking ahead, the Minister indicated that plans are in place to raise up to USD 200 million from the capital markets.

This funding is intended to complete stalled projects and safeguard existing investments, particularly in critical sectors that contribute to national economic growth.

Minister Ofosu-Asjare also highlighted ongoing efforts to revitalise Ghana’s defunct state-owned enterprises (SOEs).

Transaction advisors are being recruited to assess the viability of these entities, while interim management teams have already begun technical evaluations, including work at the Komenda Sugar Factory.

She emphasised that these initiatives reflect the government’s commitment to using EXIM Bank as a strategic tool to support industrialisation, protect investments, and ensure that Ghana’s public funds are efficiently deployed for economic transformation.

“Our goal is to unlock the potential of stalled projects, strengthen SOEs, and safeguard public resources for long-term national development,” she added.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.