Also known as: KfW Development Bank of Germany
German development finance institution that co-financed the Northshore Apparel Hub in Savelugu through blended financing.
Verbatim sentences from the source article.
Joy Online
… GEXIM supported the establishment and operationalisation of the factory through a blended financing model involving the Investing for Employment facility of Germany’s KfW Development Bank and equity from the project promoters. …
Give us a share of state security’s uniform contracts – Northshore Apparel CEO tells gov’tJoy Online
… GEXIM supported the establishment and operationalisation of the factory through a blended financing model involving the Investing for Employment facility of Germany’s KfW Development Bank and equity from the project promoters. …
Jobs, not guns, are the most durable answer to insecurity in Northern Ghana — Northshore CEOJoy Online
… GEXIM supported the establishment and operationalisation of the factory through a blended financing model involving the Investing for Employment facility of Germany’s KfW Development Bank and equity from the project promoters. …
Northshore Apparel plans fabric mill, cotton outgrower scheme as part of expansion – CEOJoy Online
… Speaking at the commissioning of the Northshore Apparel on August 28, funded by Exim Bank and Germany’s KfW Development Bank, President Mahama said the institution was established to provide financing for projects that promote value addition, exports, employment and sustainable d …
I’ll support Exim Bank Ghana to pursue loan defaulters – Mahama assuresJoy Online
… GEXIM supported the establishment and operationalisation of the factory through a blended financing model involving the Investing for Employment facility of Germany’s KfW Development Bank and equity from the project promoters. …
US, South African buyers expressed interest in Northshore Apparel before production began — GEXIM CEOJoy Online
… The worker also pays taxes, contributes to social security and helps produce garments that can earn foreign exchange for Ghana.” GEXIM partnered with the Investing for Employment facility of Germany’s KfW Development Bank and the project’s promoters to finance and operationalise …
Northshore Apparel factory creates 3,000 jobs, targets 10,000 at full capacityJoy Online
… The Northshore Apparel Hub was supported through a blended financing arrangement involving GEXIM, the Investing for Employment facility of Germany’s KfW Development Bank and equity contributions from the project promoters. …
GEXIM shifts lending focus to high-impact businesses – CEOJoy Online
… The project was financed through a blended financing model involving GEXIM, the Investing for Employment facility of Germany’s KfW Development Bank and equity contributions from the project promoters. …
Northshore Apparel Hub positions Ghana for global garment market – GEXIM CEOJoy Online
… Mr Mensah said the project was supported through a blended financing arrangement involving GEXIM, the Investing for Employment facility of Germany’s KfW Development Bank and equity contributions from the project promoters. …
Northshore Apparel Hub to strengthen Ghana’s garment and apparel exports – GEXIM CEOJoy Online
… It is owned by 24 African states and institutional investors, including African financial firms and Germany’s KfW Development Bank, which joined in April. …
AfDB to become top shareholder in Africa guarantee platform to boost derisking pushNorthshore Apparel CEO Nurideen Mohammed has appealed to the government to award part of its uniform procurement contracts for security services and public institutions to local manufacturers, arguing that Ghana currently spends foreign exchange importing uniforms that could be produced domestically.
14 hours ago · Joy Online →
Northshore Apparel CEO Nurideen Mohammed has appealed to the government to award part of its uniform procurement contracts for security services and public institutions to local manufacturers, arguing that Ghana currently spends foreign exchange importing uniforms that could be produced domestically.
14 hours ago · Joy Online →
The CEO of Northshore Apparel Ghana Limited, speaking at the commissioning of the company's industrial park in Savelugu, argues that sustainable employment and industrialisation offer more lasting solutions to insecurity in Northern Ghana than armed security responses, and that dignified work can prevent youth recruitment by those fomenting conflict.
14 hours ago · Joy Online →
Northshore Apparel Ghana Limited has announced a three-phase expansion plan for its industrial park in Savelugu that will establish a fabric mill and cotton outgrower scheme across northern Ghana and neighbouring countries, aiming to create an integrated textile value chain enabling Ghana to export finished clothing instead of raw cotton.
14 hours ago · Joy Online →
President Mahama has assured the CEO of Ghana Export-Import Bank of his continued support in recovering funds from loan defaulters, saying the bank needs resources to finance viable businesses. Mahama claimed that after his previous administration left office, politically connected individuals dominated access to Exim Bank financing with no intention of repaying loans.
16 hours ago · Joy Online →
Major buyers in the United States and South Africa expressed interest in purchasing garments from Northshore Apparel Ghana before production began at its newly commissioned factory in Savelugu, according to GEXIM CEO Sylvester Adinam Mensah. The early buyer interest demonstrates the factory's export potential and capacity to compete in the global apparel market.
16 hours ago · Joy Online →
The newly commissioned Northshore Apparel Ghana factory in Savelugu has created 3,000 immediate jobs and is expected to employ 10,000 people at full operational capacity, according to GEXIM's CEO. The facility includes 50 sewing lines, cutting and design centre, warehouses, and solar power, with more than 2,000 prospective operators already trained.
18 hours ago · Joy Online →
Ghana Export-Import Bank CEO Sylvester Adinam Mensah said the bank has redefined its lending framework to prioritise commercially viable projects with significant economic impact, guided by development outcomes rather than sentiment. The bank's financing decisions aim to allocate scarce resources to projects that create jobs, expand production, and strengthen Ghana's export capacity.
18 hours ago · Joy Online →
The CEO of Ghana's Export-Import Bank says the newly commissioned Northshore Apparel Hub in Savelugu will generate direct jobs on the production floor and additional opportunities in transportation, food services, accommodation, and logistics, with wages supporting households and local businesses.
18 hours ago · Joy Online →
The Northshore Apparel Hub, commissioned in Savelugu in the Northern Region, will strengthen Ghana's position in the global garment and apparel market through expanded domestic production and export competitiveness, according to GEXIM CEO Sylvester Adinam Mensah. The facility was financed through a blended arrangement involving GEXIM, Germany's KfW Development Bank, and equity contributions from project promoters.
18 hours ago · Joy Online →
The African Development Bank will inject $125 million into the African Trade and Investment Development Insurance agency to become its largest shareholder, aiming to increase annual guarantees to $10 billion and unlock private capital for African development as official development aid declines.
2 June 2026 · Joy Online →