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ADB MD lauds GEPA, pledges stronger support for non-traditional exports

by theoverseeronline.com
April 17, 2026
in Banking, Business
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ADB MD lauds GEPA, pledges stronger support for non-traditional exports
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The Managing Director of Agricultural Development Bank, Edward Ato Sarpong, has commended the Ghana Export Promotion Authority (GEPA) for its efforts in promoting non-traditional exports, pledging stronger collaboration to boost Ghana’s economic transformation.

He made the remarks at the launch of the 2025 Non-Traditional Export Statistics Report held at GEPA’s headquarters on April 17, 2026, under the theme “Driving Economic Transformation Through Strategic Export Diversification.”

The event brought together government officials, industry players, development partners and members of the diplomatic community, highlighting the growing importance of export diversification to Ghana’s economic resilience.

Addressing participants, Mr. Sarpong described the non-traditional export (NTE) sector as a key driver of stability in the economy.

“The NTE sector has become a critical pillar of economic stability, contributing significantly to foreign exchange earnings and reducing vulnerability to external shocks,” he said.

He noted that Ghana’s progress in expanding exports beyond traditional commodities reflects deliberate policy efforts focused on value addition, industrialisation and market expansion.

Mr. Sarpong further praised GEPA’s role in strengthening export capacity and promoting Ghanaian products on the global stage, indicating that such initiatives align with the bank’s development agenda.

“These efforts align strongly with the Bank’s broader agenda of fostering inclusive growth, regional integration, and sustainable industrial development across Africa,” he stated.

He also reaffirmed the bank’s commitment to supporting the export sector through financing and technical assistance, particularly for exporters and small and medium-sized enterprises.

The ADB Managing Director expressed confidence in Ghana’s export outlook, stressing that sustained collaboration between public institutions, private sector actors and development partners would be crucial in driving long-term growth.

He added that the bank remains committed to supporting Ghana’s vision of building a diversified, resilient and export-driven economy, in line with its corporate philosophy of “Beyond Banking…”.

Tags: ADB MDGEPAGhana NewsNon-traditional exports
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