Export oriented development has been the cornerstone of the economic policy of the Government of Ghana. The main thrust of Government's foreign trade policy has consequently been the promotion of Private Sector led export development. It is considered that the policy would offer the country substantial increase in foreign exchange receipts and appreciable opportunity for growth.

The Export Development and Investment Fund (EDIF) was established by Act 582 on the 4th October 2000 to provide financial resources for the development and promotion of the export trade of Ghana .Operation of the fund however started in July 2001 with the appointment of a Chief Executive, the inauguration of a 13 member Board and the establishment of a Secretariat to manage the fund.