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.
28 August 2026 · 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.
28 August 2026 · Joy Online →
The GEXIM CEO has praised the commissioned Northshore Apparel Hub in Savelugu as a showcase of Ghanaian enterprise and development finance supporting industrialisation and job creation. The wholly Ghanaian-owned facility is expected to create 3,000 jobs in its first phase, with employment projected to reach 10,000 at full capacity.
28 August 2026 · 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.
28 August 2026 · 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.
28 August 2026 · 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.
28 August 2026 · 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.
28 August 2026 · Joy Online →