On June 17, 2026, in Abidjan, Côte d’Ivoire, Ghana International Bank Plc (“GHIB”) is pleased to announce the signing of a confirmatory banking agreement with the African Development Bank (AfDB) Group under the Transaction Guarantee Instrument. This agreement marks a significant step in the Bank’s strategy to expand support for African trade, investment, and economic development.

Facilitating Access to International Markets for Businesses

The facility will strengthen GHIB’s capacity to support importers, exporters, and financial institutions engaged in cross-border trade across Africa and beyond. It further reinforces the Bank’s commitment to providing trade finance solutions that enable businesses to access international markets, strengthen supply chains, and contribute to sustainable economic growth.

GHIB joins a select group of financial institutions approved based on the African Development Bank’s eligibility criteria. This further strengthens its position as a trusted partner in facilitating cross-border trade and finance across the continent. The partnership reflects the shared commitment of both institutions to promoting intra-African trade, supporting private sector development, and helping to bridge the significant trade finance gap that continues to constrain economic growth across Africa.

Unanimously shared reactions and opinions

Commenting on the agreement, Ian Greenstreet, Managing Director of Ghana International Bank, said:

This agreement with the African Development Bank represents a significant milestone for Ghana International Bank and our clients. It strengthens our capacity to support businesses engaged in international trade and reinforces our commitment to facilitating economic growth and investment across Africa.

As a UK-regulated bank with deep roots in Africa and strong international links, GHIB is uniquely positioned to bridge African markets and global capital. We are delighted to partner with the African Development Bank to support increased trade, investment, and economic opportunity across the continent.

Mr. Solomon Quaynor, Vice President, Private Sector, Infrastructure & Industrialization of the African Development Bank Group, said:

The AfDB is delighted to partner with GHIB to support trade across Africa, particularly in low-income and transition economies such as Sierra Leone, The Gambia, Guinea, and Liberia, among others. GHIB’s strength in providing confirmatory banking support to local banks in these and other African countries is perfectly aligned with the AfDB’s mandate to promote regional integration.

With the increasing implementation of the African Continental Free Trade Area (AfCFTA), the AfDB has a strategic objective of closing Africa’s trade finance gap by strengthening the confirmatory banking capacity of African financial institutions such as GHIB so they can play an even greater role in promoting intra-African trade. We look forward to building a broader and stronger partnership with GHIB.

Strengthening GHIB’s Role as a Trusted Banking Partner

The agreement is expected to expand access to trade finance, increase support for cross-border transactions, and further strengthen GHIB’s role as a trusted banking partner for businesses operating across Africa and international markets.

Ghana International Bank has a long history of supporting trade, investment, and financial flows between Africa, the UK, and the wider international community.

The Bank continues to invest in its capabilities, strategic partnerships, and customer proposition as it pursues its vision of becoming the leading banking partner for businesses operating across the Africa-international markets corridor.

The agreement is expected to expand access to trade finance, increase support for cross-border transactions, and further strengthen GHIB’s role as a trusted banking partner for businesses operating across Africa and international markets.

Ghana International Bank has a long history of supporting trade, investment, and financial flows between Africa, the United Kingdom and the entire international community.

The Bank continues to invest in its capabilities, its strategic partnerships and its customer proposition as it pursues its vision of becoming the leading banking partner for companies operating across the Africa-international markets corridor.