Western Regional Minister commends GEXIM

Western Regional Minister commends GEXIM

The Western Regional Minister and Member of Parliament for Takoradi, Kwabena Okyere Darko–Mensah has commended the management of the Ghana Export – Import Bank (GEXIM) for organizing a special edition of its popular Small and Medium Enterprises (SME) Fair dubbed, Tuesday Market, in the Western Region.

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Dubbed the “Western Weekend Market”, the fair took place at the Takoradi Mall, from May 17 to 19 at the Takoradi Mall, between 8am and 10pm daily.

The fair provided a platform for Ghanaian entrepreneurs across the Western and neighbouring regions to showcase their various top-quality and uniquely packaged Made-In-Ghana products.

Mr Okyere Darko – Mensah participated in the fair on May 18, 2024. Supported by the Deputy Chief Executive Officer of GEXIM, responsible for Banking, Rosemary Beryl Archer, the Minister inspected the Made-In-Ghana products being exhibited and took time to engage the vendors to get an insight into their business operations and products.

He congratulated GEXIM for the initiative to support SMEs to scale up and harness their export potential.

Very impressed with the unique and amazing products being exhibited, he urged the bank to continue organizing more fairs in the region to benefit the growing entrepreneurs in the Western region.

“It is exciting and refreshing to be seeing these uniquely packaged products here today and most importantly, knowing there were products by Ghanaians and most of them produced in the Western region.

I am very impressed with the work that has gone into organizing this amazing fair and I wish to commend the Ghana Export – Import Bank for this great initiative in addition to all the great things the Bank is doing for and with Ghanaian entrepreneurs across the country,” he said.

“I must say it is the way to go as it contributes towards economic development and the creation of jobs for Ghanaians. With this initiative and others, we are on our way to achieving the Government of Ghana’s industrialization agenda. We will urge GEXIM to continue with the fair in the Western region and the SME Clinic to help build the capacity of SMEs in the region and beyond,” he added.

For her part, Ms Archer expressed the bank’s appreciation to the Minister and all stakeholders who made the event a success.

She further highlighted the significance of developing the Ghanaian SME sector and the important contribution entrepreneurs can make to economic development when they are empowered and supported to become more efficient.

“I am happy we have all these SMEs here today and they are being promoted both locally and internationally to be patronized.

We cannot belittle the crucial role of SMEs in the national development agenda, witnessing the sector’s important contribution to the economic transformation of several countries globally, where it accounts for over 50% of private output,” she said.

Training

On the sidelines of the “Western Weekend Market”, the bank organized a training programme for the SMEs, dubbed “SME Clinic”, on Saturday May 18, 2024 also at the Takoradi Mall.

The "Western SME Clinic” is aimed at building the capacity of entrepreneurs, exploring solutions to challenges faced by Ghanaian businesses as well as identifying pragmatic approaches to assist SMEs to scale up and become more efficient in their operations.

Under the theme “Growing Your Business and Export Financing”, the participants were taken through important elements of business development and growth as well as the export value chain. They were further enlightened on the concept of governance, risk and compliance in business management.

Nana Ekua Kodu II, the queen mother of the Esikado Traditional Area and multiple award-winning Ghanaian musician, Kofi Kinaata were part of the dignitaries that participated in the “Western Weekend Market.”

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