BoG Governor calls for policies to boost Africa-Caribbean trade

Ghanas Central Bank Governor signs MoU to end monetary financing
Dr Ernest Addison

Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), has emphasized the need for policies that boost economic resilience and foster trade between Africa and the Caribbean.

He made these remarks at the 30th Annual Meetings of Afreximbank shareholders in Accra, Ghana. He said that the two regions have a common history, untapped markets and immense potential that make them ideal partners for strategic cooperation.

He also stressed the importance of policies that “enhance resource mobilization, increase savings for development and growth, and develop domestic financial markets”, noting that such policies are crucial in tackling the twin challenges of poverty and unemployment that affect both regions.

See also  Newmont Africa pays GH¢843.72 million to Ghana government in Q1 2023

Afreximbank is a pan-African supranational multilateral financial institution that was created in 1993 to finance and promote intra- and extra-African trade.

Related Articles

Ghana Government to borrow GH¢3.33 billion from treasury market to refinance maturities
  • Business

May 10, 2023

Ghana Government to borrow GH¢3.33 billion from treasury market to refinance maturities

Fitch Solutions predicts Ghana Cedi will stabilize against US dollar
  • Business

May 10, 2023

Fitch Solutions predicts Ghana Cedi will stabilize against US dollar

SEC promises prompt payment for Gold Coast Fund Management customers
  • Business

May 5, 2023

SEC promises prompt payment for Gold Coast Fund Management customers

Leave the first comment