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Home » Blog » EXIM Bank CEO Discusses Support for SMEs Ahead of 2025 African Development Bank Meetings
Economy

EXIM Bank CEO Discusses Support for SMEs Ahead of 2025 African Development Bank Meetings

Edzorna Francis Mensah
Last updated: May 31, 2025 11:39 am
Edzorna Francis Mensah
Published May 31, 2025
2 Min Read
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On the sidelines of the upcoming 2025 Annual Meetings of the African Development Bank (AfDB), the CEO of Ghana’s Export-Import Bank (EXIM Bank) Sylvester Adinam Mensah has engaged in a strategic discussion with key stakeholders to explore avenues of financial support aimed at empowering small and medium-sized enterprises (SMEs) in Ghana.

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The meeting, held in Abidjan, brought together representatives from the Ghana Infrastructure Investment Fund, the 24-Hour Economy Secretariat, and Solomon Quaynor, AfDB’s Vice-President for Private Sector, Infrastructure, and Industrialization. The discussions centered on how the AfDB can support Ghana’s broader economic transformation through targeted interventions.

 

Key areas highlighted included infrastructure development, the provision of credit lines to bolster SMEs, and initiatives to increase food production and enhance agro-processing industries. These efforts are aligned with Ghana’s ambitious 24-Hour Economic Policy, championed by President John Mahama, which aims to maximize the country’s productive capacity by promoting shift-based employment, industrial expansion, and a dynamic SME sector operating around the clock.

 

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The representatives expressed optimism about deepening collaboration with the AfDB to foster inclusive and sustainable growth in Ghana. They emphasized that strategic support in these sectors is vital for unlocking the nation’s economic potential and for advancing development objectives across the country.

 

As the 2025 AfDB Annual Meetings approach, stakeholders are committed to forging stronger partnerships to accelerate Ghana’s economic progress and create a resilient, diversified economy.

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