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Tuesday, April 29, 2025

Citi FM/Channel One TV management pays courtesy call on Eximbank Acting CEO

A delegation from Citi FM and Channel One TV has paid a courtesy call on the Acting Chief Executive Officer of the Ghana Export-Import Bank (Ghana EXIMBANK), Sylvester Mensah.

The delegation, led by the Managing Director of Citi FM and Channel One TV, Samuel Attah-Mensah, included General Manager Bernard Avle, Head of News Vivian Kai Lokko, Business Development Manager Omane Mensah-Bonsu, Head of Events and Partnerships Frema Adunyame, and Sales Manager of Citi FM, Miriam Ivy Oduro.

The visit was aimed at strengthening the existing relationship between the media house and the bank, and to foster closer collaboration under the institution’s new leadership.

Speaking during the meeting, Samuel Attah-Mensah congratulated Sylvester Mensah on his appointment as Acting CEO of Ghana EXIMBANK.

He acknowledged the fruitful relationship that already exists between the two organizations and expressed optimism about deepening the partnership going forward.

“We are here as a team from Channel One TV and Citi FM first of all to congratulate the new leadership of the Ghana Eximbank led by your good self Sylvester Mensah, and also to familiarize ourselves with the new management, as we believe it’s our duty.

“We have had a longstanding relationship with Eximbank, and we think that this is a good opportunity for us to bridge the gaps that have existed, and if you like strengthen the relationship and I am sure that with time, we will find common grounds to work together to promote the very essence of your being. Thank you once again for admitting us into your space and we hope that we have a fruitful conversation,” Mr Attah-Mensah remarked.

The delegation from Citi FM and Channel One TV was received by the Acting CEO of EXIMBANK, Sylvester A. Mensah, along with the Deputy CEO (Banking), Moses Klu Mensah, and the Head of International Cooperation, Chris Koney.

Welcoming the delegation, Sylvester Mensah shared the Bank’s strategic direction for the next four years.

He emphasized that EXIMBANK will prioritize initiatives aimed at import substitution, with a particular focus on supporting crops that can significantly reduce the country’s dependence on foreign currency for food imports.

He further noted that the Bank will channel investments into enhancing domestic food production, in alignment with the government’s broader economic development agenda, while also focusing on its core mandate.

“For the next four years, Eximbank’s focus is largely on investing for employment. We are looking at investments that have a significant employment impact. We are also looking at increasing food production so we are also going to direct our efforts and our financial support for expanding food production.

“We are also looking at import substitution as a way of addressing the large amounts of hard currency that go into imports and so we are looking at supporting import substitution crops that will reduce the burden on our hard currency.

“We are looking at focusing on agro processing within the chain of agribusiness…the entire spectrum, we are looking at agro processing. That has been one of the key areas President John Dramani Mahama has hammered on over the years.

“Beyond that, we are looking at the garment or apparel sub-sector. This is an area that has a short gestation period with a very high employment generation impact,” Sylvester Mensah said.

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