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British High Commissioner unwraps climate-inspired Queen’s birthday present to Ghana

Three years since the British High Commission to Ghana held a party to mark Majesty Queen Elizabeth’s birthday and Platinum Jubilee.

Guests included Minister for Tourism, Dr Ibrahim Mohammed Awal, Sir Tony Blair, chiefs, representatives from political parties, and members of the diplomatic corps as well as colleagues, friends, artists, performers, and leaders in business and industry.

On February 6, her Majesty became the first British Monarch to celebrate a Platinum Jubilee, marking seventy years of service to the people of the United Kingdom, the Realms and the Commonwealth.

Her extraordinary reign has seen her travel more widely than any other monarch, undertaking more than 260 official visits overseas, and two of those visits have been to Ghana.

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Held in person for the first time since 2019 and hosted by the first female High Commissioner to Ghana, Harriet Thompson, and her husband Nick Thompson at their home in Accra, guests saw some of the newest and most vibrant British-Ghanaian innovations including a Kofa e-mobility motorbike.

During her speech, British High Commissioner to Ghana, Harriet Thompson announced £1 million of funding, matched by UK charity Shell Foundation, over the next four years to turbocharge Ghana’s e-mobility, battery, solar and charging sector.

The announcement honours the global commitments made at COP26 by leaders from around the world including his Excellency President Nana Akofo-Addo. Hosted by the UK and Italy in Scotland last year, COP26 marked a decisive shift in the world’s approach to tackling carbon emissions and setting a clear roadmap to limiting the rise in global temperatures to 1.5 degrees.

British High Commissioner to Ghana, Harriet Thompson said, “Hosting this very special event after three long years is a tremendous honour and a pleasure for my family and me.

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“Tonight we celebrate Her Majesty the Queen’s 96th birthday, her unprecedented achievement of reaching 70 years on the throne and the deep, broad and growing UK-Ghana partnership.

“The Queen’s Birthday is the biggest event in the British High Commissioner’s calendar, and it is the perfect moment to announce that the UK, matched by UK charity Shell Foundation, is investing almost ¢10 million of funding, over the next four years, in Ghana’s e-mobility, battery, solar and charging sector, bringing technological innovation and climate action together.”

Representatives from British e-mobility business Kofa based in Accra attended the party bringing along their e-mobility motorbike. Guests had a chance to sit on the motorbike and understand more about how the new battery technology works.

The company has been able to create its new motorbike thanks to the support from the UK charity Shell Foundation and the UK government.

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Jaguar Landrover has also displayed the new model Landrover Defender, which later this year, will be available as a hybrid vehicle for the first time in Ghana.

Shell Foundation Regional Manager, West Africa, Kwaku Owusu-Achaw said, “Shell Foundation’s partnership with the UK government, as part of the Transforming Energy Access programme, has already improved the lives of 12.5m people and reduced 1.8m m/t of carbon emissions through improved access to energy and transport technologies and business solutions across Africa.”

“We’re excited to see this new commitment support innovative, game-changing solutions such as Kofa. With Kofa’s battery technology viable for multiple household and business applications, it is a great example of how entrepreneurial talent can Ghana to transform income, health and education through access to renewable energy.

Guests enjoyed music from the amazing Kelvyn Boy and Gyakie and had a chance to watch archive footage from Her Majesty the Queen’s Coronation. Speeches and highlights from the birthday party were live-streamed around the world on Instagram.

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Source: Myjoyonline

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 GEXIM deepens relations with US EXIM Bank

A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.   

The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.

The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.

Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).  

Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.

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The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.

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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama

President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.

Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.

He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.

“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.

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President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.

He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.

He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.

“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.

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Source: Myjoyonline.com

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