The Ghana Export Marketing Authority (GEPA) states it has set essential techniques in position to enhance its market share on the export market place.
The transfer is predicted to bring in a lot more forex into the state which would shore up the central bank’s reserves and also strengthen the country’s stability of payment.
The strategy incorporates restructuring GEPA’s guidelines to make its operations transparent, primarily in the space of procurement.
It also consists of strengthening GEPA’s open up-doorway and marketplace orientation insurance policies, as properly as its global engagement.
So far, the new generate has assisted to lead to the growth of its operations for some time now.
GEPA is at this time supporting non-classic commodities this kind of as cashew, pineapple, okra, mango, vegetable Shea butter, chilli pepper, yam and common agric create for export.
Proceeds from the non-classic export had been around$2.53 billion above the past couple of years even though the likely for substantial increases in the figures do exist.
By now, the GEPA has commenced the procedures of formulating a 10-year Countrywide Export Enhancement System (NEDS) from 2019 to 2028 aimed at enhancing Ghana’s productive participation in the multilateral trading technique.
It is also to enable the place to just take maximum benefit of marketplace options in the small, medium and extended terms.
In a nutshell, the strategies are in line with the government’s determination to rework Ghana’s financial state from a uncooked substance exporting 1 to a higher worth-additional industrialised financial state through its industrial transformation agenda anchored on the 1D1F and other closely-similar programmes.
GEPA has also outlined a range of programmes for this year and outside of to greatly enhance trade with the relaxation of the environment.
These pursuits involve the growth of one exportable product in all districts of Ghana to provide the needed raw and semi-processed elements to feed the factories which are staying established up in each individual district of the nation.
Plans are also highly developed to implement a few important programmes: the Revolutionary Design Week which will determine, create and showcase new patterns from export-oriented companies to stress the value of superior packaging and labelling the Innovative Mentorship Export Oriented Programme, which will be implemented with institutions these as the NBSSI and the Universities and the Girls in Export Road Exhibits which aims at empowering gals entrepreneurs to develop their export enterprises by way of strategic interventions in their companies.
The GEPA is also making powerful competitiveness to make improvements to the performance and development of picked priority value chains and similar providers by stimulating their contribution to the market, regional trade, exports and occupation development.
The Trade for Sustainable Growth (T4SD) hub, which was released in Accra and Kumasi was to improve SME’s competitiveness by way of the implementation of green enterprise techniques.
GEPA would also intensify its support to fish processors to enhance the high quality of processed fish for export.
This is to improve international trade profits for the state.
Now, discussions are ongoing with the Ministry of Fisheries and Aquaculture to procure and distribute 3,000 “Ahotor Ovens” to fishmongers together the coastal Areas.
GEPA has produced a thought doc to bring in additional youth, specially tertiary faculty graduates into agriculture to improve employment and boost output for export. It is collaborating with the Youth Work Company for the execution of this task.
The Authority is also creating the architectural layout for the institution of GEPA Impression Hub. This is to offer a 1-prevent- shop facility to exporters to entry trade details each on the internet and physically with desks provided for essential export facilitation agencies these as GSA, Fda, PPRSD etc inside of the Export Trade Dwelling making.
This year, the Authority is supporting Joekopan, a big vegetable exporter with refundable help of GHs157,000 to increased production through the development of a dam for irrigation and also prepare for a take a look at of the governing administration of The Netherlands, just one of the major export places.
On top of that, by Srighan Farms, GEPA is supporting in excess of 1,000 out-growers with an quantity of GHs726, 000 to boost production to satisfy the expanding needs.
It is also providing above 9 million easy cayenne suckers to Ekumfi Fruits Factory, Ohu Farms, Golden Riverside, Myroc Farms, Wonderful farms, Premier Food items and Vegetable and so on.
The Authority has supported the Yam Improvement Council with about GHs 350, 000 for the progress and coaching on creation of an enhanced Yam Seed at Dabala in the Volta Area.
About 250,000 enhanced seedlings have been designed and provided to farmers for this planting period.
To increase the export base of the state, the GEPA has supported more than 250 clients with export advisory expert services on many goods cashew, pineapple, okra, Mango, vegetable Shea butter, chili pepper, yam and common Agric deliver.
Very last year, about 50 goods of 20 Ghanaian businesses have been assisted to get acceptance for duty-free and quota-totally free accessibility to the West Africa industry less than the ECOWAS Trade Liberalization Plan (ETLS).
It also assisted about 42 providers to get hold of ETLS with the perspective to rising accessibility to the ECOWAS industry.
The GEPA embarked on a regional sensitization in all the countrywide borders to teach GIFF on the need to have to be certain correct seize of Export Knowledge. This is to track exports and the envisioned suitable amount of Forex trading inflows.
In 2018, about 5.3 million smooth cayenne pineapple suckers generated and distributed to the 17 out grower farmer teams of Bomart Farms, HPW Restricted, Ekumfi Fruits and Juice and so on. Also, 220,000 grafted cashew seedlings developed at10 nurseries beneath the Nationwide Cashew Advancement Initiative with Cashew Market Association of Ghana (CIAG).
From October to November last year, centered on the obtaining of the pilot, cashew plantations in all 31 cashew districts — which was about 30,000 acres of plantation — have been sprayed which is envisioned to translate into a increased yield this year.
The GEPA is enterprise a range of venture in handicraft sector these types of as the completion of frequent-use shed and provision of equipment to the Abompe Beads Producers Affiliation, establish and furnish 3 Model Innovation, Layout & Incubation Centres in Aburi, Kpetoe and Bolgatanga. Processing the Rehabilitation and completion of Abrafo Craft Centre in conjunction with CEDECOM and remodelling of the Aburi-craft village to a contemporary fairgrounds for international exhibitions in Arts and Crafts.
In the space of support and manufacturing, final year, the GEPA contacted 230 1D1F corporations to evaluate and assist them with their Export readiness. It worked with UNIDO marketing consultant to provide the Sector Hub, the award-successful importers and exporters market position, which profiled about 120 Ghanaian Companies on to the market Hub.
It is crucial to take note that GEPA’s CEO has been appointed as a member of the Intercontinental Trade Centre (ITC) Advisory board of Trade and Financial commitment Aid Institution (TISI).
The Authority has received the ideal to host the Globe Trade Advertising Organisation (WTPO) Conference in 2020 at the past WTPO Meeting 2018 in Paris. It also gained the WPTO 2018 Awards for Finest Use of Info Technological innovation at the WTPO Conference 2018 in Paris.
It gained the proper to host ITC Trade for Sustainable Progress (T4SD) Hub. The Hub will consolidate T4SD’s instruments and providers by performing as a 1-quit shop providing built-in sustainability solutions for SMEs.
The T4SD Hub will supply the required technological assistance for SMEs to establish the being familiar with and capability to put into practice environmentally friendly small business procedures as a result of its companies focusing on the crucial elements these kinds of as sustainability benchmarks, local weather resilience and resource effectiveness.