Ghana Export-Import Bank

The Ghana EXIM Bank evolved as a result of a merger of 3 Government agencies namely: 1. EXPORT TRADE, AGRICULTURAL AND INDUSTRIAL DEVELOPMENT FUND (EDAIF) Established in 2002 under Act 582, EDIF was set up to provide financial resource to export oriented activities especially non-traditional products. It was amended in 2011 to Act 823 as EDAIF to provide financial resources for the development and promotion of Agriculture relating to agro-processing and agro-processing industry to give the agricultural sector an additional attention and support. In 2013, Act 823 was replaced with Act 872 which added to EDAIFs mandate, the provision of resources for industrial development. 2. EXPORT FINANCE COMPANY (EFC) Established in 1989 as a Special Purpose Vehicle (SPV) to provide financial and other related support to the Non-Traditional Export Sector (NTEs) of the Ghanaian economy. 3.EXIMGUARANTY COMPANY LIMITED Established in 1994 to provide credit guarantees and general financial risk ...