{"id":53747,"date":"2023-09-10T06:54:07","date_gmt":"2023-09-10T06:54:07","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=53747"},"modified":"2023-09-10T06:28:31","modified_gmt":"2023-09-10T06:28:31","slug":"gepa-partners-access-bank-to-support-exporters-rescale-businesses","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses","title":{"rendered":"GEPA partners Access Bank to\u00a0support exporters rescale businesses"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The Ghana Export Promotion Authority (GEPA) is collaborating with Access Bank Ghana to support exporters to maximize opportunities in the export ecosystem to scale up their businesses.<\/b><\/p>\n

The financial assistance would include a well-structured export business plan and capacity building in financial intelligence.<\/p>\n

This was announced at the 80th National Exporters Forum organised by GEPA and Access Bank Ghana under the theme: \u201cGrowing Ghana\u2019s Export Capacity \u2013 Catalyst for Economic Growth.\u201d<\/p>\n

The goal of the Forum was also to discuss key issues with stakeholders and urge them to take advantage of the opportunities the AfCFTA market presents to about 1.4 billion people with a combined GDP of US$ 3.4 trillion.<\/p>\n

Dr Afua Asabea Asare, Chief Executive Officer, GEPA, said that the Authority had been championing the growth and diversification of Ghana\u2019s exports with a mission of reaching global markets with products proudly displaying the label \u201cMade in Ghana.\u201d<\/p>\n

She said the nation\u2019s economic destiny was inextricably tied to its ability to increase its exports. With the AfCFTA in place, the GEPA established Ghana\u2019s Trade House in Kenya to enhance trade ties between Ghana, Kenya, and the wider East African region, and to serve as a gateway for Ghanaian businesses to access the Kenyan market and to promote cultural exchanges and diplomatic relations.<\/p>\n

\u201cFor the Non-Traditional Export sector\u2019s growth, GEPA has collaborated with key stakeholders such as the Ghana Standards Authority, the Food and Drugs Authority, Ghana Eximbank, AGI, the Plant Protection and Regulatory Services Department of the Ministry of Food and Agriculture, as well as research institutions, private sector entities, government organizations, and foreign missions,\u201d Dr Asare said.<\/p>\n

According to Dr Asare, Ghana earned USD 3.5 billion from non-traditional exports in 2022, with the manufactured and semi-manufactured products sector contributing the most.<\/p>\n

She stated that interventions were being implemented in line with Ghana\u2019s National Export Development Strategy, which aims to generate USD 25.3 billion in income by 2029.<\/p>\n

Mr. K.T. Hammond, Minister for Trade, stated that while the partnership would provide financial assistance to exporters, it should also serve as a platform to reflect and measure the country\u2019s export capacity and potential, as well as its ability to compete at the global level.<\/p>\n

\u201cThe World Bank estimated that AfCFTA would increase Africa\u2019s income by $ 450 billion by 2035 and increase intra-Africa exports by more than 81 per cent. According to the United Nations Economic Commission for Africa, the single market trade African agreement would enable the African economy to reach $ 29 trillion by the year 2050.\u201d<\/p>\n

The Minister admonished the stakeholders in the export sector to develop new and beneficial export-oriented ideas and policies and work together for growth and development.<\/p>\n

Mr. Olumide Olatunji, Managing Director, Access Bank Ghana, said the financial institution had the capacity to help the exporters drive their businesses., given its operation experience in 17 African countries.<\/p>\n

\u201cWe are to ensure that you get your payments to expend, distribute to your out growers and at the same time protect your trade and income. We as a bank need to bring our financial muscle but most importantly our advisory techniques and competence,\u201d he said.<\/p>\n

Mr Olatunji said the Bank would be interested in how exporters manage their trade, payments, and value chain systems.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The Ghana Export Promotion Authority (GEPA) is collaborating with Access Bank Ghana to support exporters to maximize opportunities in the export ecosystem to scale up their businesses. The financial assistance would include a well-structured export business plan and capacity building in financial intelligence. This was announced at the 80th National Exporters Forum […]<\/p>\n","protected":false},"author":84,"featured_media":53746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-53747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nGEPA partners Access Bank to\u00a0support exporters rescale businesses - Ghana<\/title>\n<meta name=\"description\" content=\"The Ghana Export Promotion Authority (GEPA) is collaborating with Access Bank Ghana to support exporters to maximize ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GEPA partners Access Bank to\u00a0support exporters rescale businesses\" \/>\n<meta property=\"og:description\" content=\"The Ghana Export Promotion Authority (GEPA) is collaborating with Access Bank Ghana to support exporters to maximize ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-10T06:54:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/09\/sm_1694314618.894053.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"GEPA partners Access Bank to\u00a0support exporters rescale businesses\",\"datePublished\":\"2023-09-10T06:54:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses\"},\"wordCount\":553,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/09\/sm_1694314618.894053.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/gepa-partners-access-bank-to-support-exporters-rescale-businesses\",\"name\":\"GEPA partners Access Bank to\u00a0support exporters rescale businesses - 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