Eximguaranty Co Gh Ltd: A Guarantee for Every Credit
Eximguaranty Co Gh Ltd is a leading financial institution in Ghana that specializes in providing credit guarantees for export-oriented activities. With a focus on the agricultural sector, Eximguaranty plays a crucial role in supporting Ghana’s quest for a sustainable export-led economy.
As part of its mandate, Eximguaranty Co Gh Ltd provides financial resources to businesses engaged in export trade, particularly those involved in agriculture-related activities. By offering credit guarantees, Eximguaranty ensures that exporters have access to the necessary financial support to expand their operations and explore new markets.
Products & Services
Eximguaranty Co Gh Ltd offers a range of products and services to meet the diverse needs of its clients. These include:
- Credit Guarantee Cover: Eximguaranty provides credit guarantees to exporters, enabling them to secure financing from banks and other financial institutions.
- Credit Syndication Guarantee: This service helps exporters in accessing syndicated loans for their business activities.
- Bid Bonds: Eximguaranty issues bid bonds to exporters, ensuring that they can participate in government tenders and contracts.
- Advance Mobilization Guarantee: This guarantee allows exporters to receive advance payments from buyers, providing them with the necessary working capital.
- Machinery Credit Guarantee: Eximguaranty offers guarantees for the purchase of machinery and equipment, supporting the growth of the agro-processing industry.
- Seed Fund Guarantee: This service assists startups and small businesses in accessing seed funding for their operations.
With its comprehensive range of products and services, Eximguaranty Co Gh Ltd plays a vital role in facilitating the growth and development of Ghana’s export trade.
Supporting Ghana’s Industrial Development
Eximguaranty Co Gh Ltd is fully committed to supporting Ghana’s industrial development and the government’s efforts to promote a sustainable and diversified economy. By providing financial resources and credit guarantees, Eximguaranty enables businesses to invest in the agro-processing industry and other sectors of the economy.
The agro-processing industry, in particular, has received additional attention and support from Eximguaranty. The company recognizes the potential of this sector to create jobs, add value to agricultural products, and contribute to the overall growth of the Ghanaian economy.
Through its collaboration with government agencies such as the Ghana Exim Bank and the Export Development and Agricultural Investment Fund (EDAIF), Eximguaranty Co Gh Ltd has successfully completed numerous projects that have helped to develop a fully integrated and sustainable agro-processing industry in Ghana.
The Role of Government
The government of Ghana has played a significant role in supporting Eximguaranty Co Gh Ltd and its mission to provide financial resources and credit guarantees. Several acts and regulations have been put in place to ensure the smooth functioning of the company and its operations.
One such act is Act 582 (EDIF Act), which established the Export Development and Investment Fund (EDIF) to provide financial support to businesses engaged in export trade. This act has been amended over the years to strengthen the mandate of EDIF and enhance its effectiveness in supporting Ghana’s export-oriented activities.
In 2013, Act 823 was passed, which led to the merger of EDIF and the Ghana Export Promotion Authority (GEPA) to form the Ghana Exim Bank. This merger aimed to create a more streamlined and efficient institution that could provide comprehensive support to exporters and promote Ghana’s export trade.
Act 872, also known as the Ghana Exim Bank Act, further solidified the role of the Ghana Exim Bank in providing financial resources and credit guarantees to businesses involved in export trade and industrial development.
Contact Information
Contact No: 2333027687634
Email: Send Enquiry
Location: 27 Noi Fetreke Steet, Roman Ridge Ambassadorial Estates Extension, P.O. Box 18543, Accra
Website: http://www.eximguarantyghana.com