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Ghana Exim Bank CEO hosts US Embassy team
L-R; Jonathan Christopher Koney, Laurie Kelleher, Dean Matlack, Rosemary Beryl Archer, Lawrence Agyinsam, Hon. Michael Okyere Baafi, Victoria Afua Agbai, Paa Ekow Quansah.
The Chief Executive Officer of the Ghana Export – Import Bank (GEXIM), Lawrence Agyinsam, on Thursday, August18, 2022, hosted a team from the United States of America Embassy in Ghana, led by the Commercial Counsellor, Dean Matlack.
The meeting was held at the head office of GEXIM in Accra and afforded the Bank the opportunity to discuss areas of mutual interest for collaboration and building synergy with the United States of America Embassy.
In addition, it was a follow up to a meeting held between GEXIM and the United States of America Exim Bank (US Exim Bank) in May 2022 on the sidelines of the 2022 Spring Meeting of the International Union of Credit and Investment Insurers (Berne Union) held in Istanbul, Turkey.
Mr. Lawrence Agyinsam reiterated the Bank’s commitment to drawing a framework to operationalise an existing agreement for a USD300 million guarantee to be provided by the US Exim Bank after reviewing the existing memorandum of understanding signed by the two banks in 2019.
“In our quest to assist the Government of Ghana’s agenda to reposition the Ghanaian economy to become an export-led one and spearhead the industrialization drive, we need strategic partnerships such as the collaboration with the US Exim Bank. This is very important in helping us to carry out our mandate to help in realising the agenda to make Ghana a pillar in regional and continental trade. Currently, our team is working with officials of US Exim to finalise this and we are certain of great prospects from this partnership”, he added.
On his part, Dean Matlack expressed his appreciation for the warm reception accorded him and his team by GEXIM and said the US Embassy in Ghana is prepared to assist at all levels to ensure the success of the collaboration between the US Exim Bank and GEXIM. He further indicated the Embassy’s willingness to collaborate with GEXIM on projects aimed at ensuring healthy lives and wellbeing of people.
Other members of the GEXIM team at the meeting were Hon. Michael Okyere Baafi, the Deputy Minister of Trade and Industry, who is a Board Member of GEXIM, Rosemary Beryl Archer, Deputy Chief Executive Officer – Banking and Jonathan Christopher Koney, Assistant Manager, Corporate Affairs & International Cooperation.
Dean Matlack was accompanied by Laurie Kelleher, Commercial Officer, Victoria Afua Agbai, Commercial Specialist and Paa Ekow Quansah, Commercial Specialist.
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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.
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.
Source: Myjoyonline.com
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Prophet Courage Heavens set to launch ‘Predestination’ book on March 23
Prophet Courage A. Heavens is set to launch the much-awaited book titled ‘Predestination’ on Sunday, March 23, 2025 at 5:00PM.
The launch, which is expected to impact lives, will take place at Crossgates Ministries, Flattop, off N1 Highway, opposite Angel Hauz.
The book is aimed at addressing the way people struggle to understand how free will and destiny align.
It is also aimed at providing clarity on God’s sovereignty and one’s place in His divine plan.
The various chapters of the book address various issues through scriptures and personal stories.
Committed to impacting society, part of the proceeds from the book will go into Courage Heavens Education Legacy (CHEL), an educational foundation transforming lives.
CHEL is dedicated to providing financial support and mentorship to brilliant but needy students, ensuring they have access to quality education and opportunities for a better future.
Prophet Courage Heavens is a prolific writer and previously authored Eli Eli Lama Sabachthani, a powerful book that encourages unwavering faith in times of trials.
In addition, he has written seven more prophetic and life-changing books that are yet to be published.
He is dedicated to raising the next generation for impactful ministry. As the leader of Crossgates Ministries, he nurtures believers in faith and purpose.
