Ghana EXIM Bank (GEXIM) has signed a Memorandum of understanding (MoU) with its Saudi counterpart to drive economic growth for both countries.
This was contained a statement issued by the CEO of GEXIM, Mr. Sylvester Mensah and shared on his Facebook wall.
In pursuit of our mission to drive Ghana’s economic transformation through international trade and export development, I am pleased to announce that Ghana EXIM Bank (GEXIM) has signed a Memorandum of Understanding (MoU) with the Saudi EXIM Bank.
The signing ceremony took place on Monday, 26th May 2025, in Côte d’Ivoire on the sidelines of the 2025 African Development Bank (AfDB) Annual Meetings. I had the honour of signing on behalf of GEXIM, alongside His Excellency Saad Alkhalb, CEO of Saudi EXIM Bank.
This strategic agreement lays the foundation for deepened cooperation between our two institutions — spanning export promotion, Knowledge sharing, capacity building, project financing, credit lines for Saudi equipment imports, and transactional guarantees.
At GEXIM, our strategic focus over the next four years will prioritise increased food production, strengthened agro processing, and investments for job creation — especially in agriculture and the garment and apparel sub-sector. This aligns with President John Mahama’s broader vision to build a resilient, export-led economy and job creation.
We welcome this new chapter of collaboration and look forward to unlocking opportunities for Ghanaian and Saudi businesses alike.
