TRADE MINISTER INAUGURATES NEW GEPA BOARD, ANNOUNCES PRESIDENTIAL ADVISORY COMMITTEE ON EXPORTS
The Minister for Trade,
Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, has inaugurated a new
Board of Directors for the Ghana Export Promotion Authority (GEPA), with a
charge to advance the nation’s export agenda through strategic collaboration
and innovation.
At a ceremony held in Accra, the
Minister expressed full confidence in the board’s capacity to deliver on its
mandate, citing the diverse expertise and experience of its members as critical
assets. She highlighted recent policy interventions aimed at creating a more
enabling environment for exporters, notably the Bank of Ghana’s decision to
extend the export proceeds repatriation window from 60 to 120 days.
"This adjustment provides
Ghanaian exporters with much-needed flexibility in managing foreign exchange
inflows," she stated, adding that it would ultimately support economic
stability and strengthen the cedi.
Hon. Ofosu-Adjare also
underscored the vital connection between export growth and investment
attraction.
Welcoming the CEO of the Ghana Investment Promotion Centre (GIPC),
Mr. Yaw Afriyie (a newly appointed GEPA board member), she emphasized the
importance of institutional collaboration in addressing Ghana’s trade deficit
and enhancing global competitiveness.
In a major policy announcement,
the Minister revealed the establishment of a Presidential Advisory
Committee on Exports, aimed at boosting export volumes and
strengthening national export capacity.
She noted that a stronger export sector
would drive import substitution, reduce pressure on the local currency, and
create sustainable economic value.
“The future of Ghana’s economy
lies in sustained export-led production. This is how we create jobs, stabilize
the currency, and move toward long-term resilience,” she noted.
The newly appointed Chairman of
the GEPA Board, Dr. Godfred Seidu Jasaw (MP), pledged the board’s commitment to
supporting the government’s strategic priorities, particularly the Agribusiness
Export Development Policy and the 24-Hour
Economy Program.
He assured the Minister that the board would
actively work with partners, especially the GIPC, to deliver measurable
outcomes for the export sector.
Members of the newly
constituted GEPA Board include:
·
Dr. Godfred Seidu Jasaw (MP) – Chairman
·
Mr. Seth Twum-Akwaboah
·
Mr. Peter Nuhu
·
Mr. Mark Badu-Aboagye
·
Hon. Yussif Issaka Jajah (MP)
·
Dr. Philip Abradu-Otoo
·
Mr. Simon Madjie
·
Dr. Mrs. Jessica Aku Nkansah
·
Mr. Francis Kojo Kwateng Arthur
·
Mr. Abu Osuman
·
Mrs. Joyce Boatemaa Akuamoah
The new board is expected to
provide strategic leadership to GEPA in achieving its core mandate of promoting
Ghanaian exports and diversifying the country’s export base.
