Development Bank Ghana

The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have empowered women. Additionally, its interventions have generated substantial foreign exchange revenue exceeding US$40million over the years. As explained by the CEO, “DBG’s focus extends beyond immediate financial inputs to emphasise the outputs that our collaborations yield. We are committed to forging long-term, bankable deals that…

Deputy CEO of Development Bank Ghana, Michael Mensah Baah, says the bank will invest half a billion cedis in four key commodities by the end of 2023. This brings the total investment since its launch to about GH¢800million. He made this known in a keynote address at the DBG-University of Ghana Business School (UGBS) Development Finance Series MoU Signing and Roundtable Meeting held at the university. During his address, Mr. Baah disclosed some of the bank’s achievements since its launch in June last year. According to Mr. Baah, DBG has given out loans of up to GH¢300million, providing technical assistance…