Tag Archives: Economic Watch Africa takes on govt over US$100m GEXIM credit facility

Economic Watch Africa takes on govt over US$100m GEXIM credit facility

Ghana’s export and industrialization drive is likely to experience major setbacks in the wake of the government decision to borrow US$100 million credit facility from offshore investors to support the operations of Ghana Exim bank, (GEXIM). According to the Economic Watch Africa, the government would mortgage the country’s industrialization, especially the One District, One factory if it fails to suspend ...

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