Sylvester A. Mensah, CEO of the Ghana Export-Import Bank (EximBank), announced that the bank is prepared to back the government’s Akoko Nkintikiti initiative by offering low-interest loans to farmers involved in the program.
He says the bank envisions a future where chicken imports are greatly reduced, and people prioritize eating locally produced poultry.
He mentioned that EximBank has taken the necessary steps to back the initiative, aiming to boost the country’s poultry sector and strengthen local production.
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“We’re looking at EximBank offering low-interest funding, and at the possibility of commercial banks partnering with EximBank to combine financing, so that the high interest rates from commercial banks can be balanced out by EximBank’s lower rates.”
We at EximBank have gone ahead to visit some countries that have excelled in poultry, particularly in the Ivory Coast. In the Ivory Coast today, they don’t import frozen chicken. The poultry industry is at its peak, and they produce 100 per cent poultry and chicken that they produce, Ghana wants to get to that stage,” he told journalists, responding to a question on how the bank is supporting the initiative, after the press launch of the bank’s 10th anniversary on Wednesday, January 14.
“We have gone there (Ivory Coast) as EximBank to look at the policy framework, to look at government support for their poultry industry, and what has enabled the Ivory Coast to be able to be independent of frozen chicken,” he said.
“We believe that from the experience that we have and from the knowledge that we have acquired from many other countries, we will be able to move faster in ensuring that we achieve at least sufficiency in poultry sooner than later,” he added.
The bank’s 10th anniversary international conference will take place on 25–26 March 2026 in Accra, under the theme “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.” As part of the celebrations, the focus will be on rice, garments and apparel, poultry, and export facilitation.
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Samuel Kwame Boadu is a Ghanaian entrepreneur, writer, and digital consultant passionate about creating impactful stories and business solutions. He is the Founder & CEO of SamBoad Business Group Ltd, a dynamic company with subsidiaries in digital marketing, logistics, publishing, and risk management.
