
(left to right) Rosemary Beryl Archer, GEXIM Deputy CEO –Banking, Lawrence Agyinsam GEXIM CEO, and Nana Akyaa Obeng-Adiyiah, GEXIM Deputy CEO- Finance and Administration
Management of Ghana Exim Bank (GEXIM) has received the African Union Small and Medium Scale Enterprise (AU SME) award for “The Best Market Initiative” in Africa category for its “Tuesday Market” initiative.
The award was announced at the first-ever AU SME Annual Forum organised by the African Union in collaboration with the All Africa Association for Small and Medium Enterprises (AAASME) held in Cairo, Egypt.
The award was presented to GEXIM, led by its Chief Executive Officer, Lawrence Agyinsam, at the bank’s head office in Accra by the Secretary-General of the AAASME, Dr. Ebiekure Jasper Eradiri, and Legal Advisor of AAASME, Barrister Warmate Jones Idikio.
Receiving the AAASME team, Mr Lawrence Agyinsam congratulated the African Union and AAASME for introducing the AU SME Annual Forum.
He expressed the bank’s appreciation to the organisers for the recognition of its “Tuesday Market” initiative.
“As a Development Bank of the state, Ghana Exim Bank is committed to supporting the Government of Ghana’s agenda to reposition the Ghanaian economy into an export-led one. In addition, the Bank has the vision to become a strong financial institution that will be a key driver in the development of Ghana’s export trade, facilitate cross-border trade and make Ghana a pillar in regional and continental trade,” he added.
Dominance
GEXIM Deputy Chief Executive, Business and Banking, Rosemary Beryl Archer, highlighted the importance and dominance of the SME sector in the business environment and its critical role in national development agenda as well as the economic transformation of several countries globally.
She further stated that “the significant role the SME sector plays cannot be underestimated, accounting for over 50 percent of private output. With the Tuesday Market initiative, we are promoting Ghanaian products and preparing our SMEs for export through building their capacities and adding value to their products.”
Dr. Eradiri indicated that the award was intended to spur GEXIM to do more within its mandate to impact more individual SMEs and the entire ecosystem. He further expressed AAASME’s intention to collaborate with GEXIM to replicate its award winning initiatives and successes in other countries across Africa, for the benefit of Africa’s teeming SMEs.