GHANA – The World Bank Board of Executive Directors has announced that it has approved US$250 million from the International Development Association (IDA) to support the establishment of the Development Bank of Ghana (DBG). The establishment of DBG would increase access to long-term finance to boost job creation for 10,000 enterprises in key sectors including agribusinesses, manufacturing and high value services. “By offering long-term wholesale financing, credit guarantees, and other services, the Ghana Development Finance project will help increase overall lending to priority sectors and market segments,” said Pierre Laporte,…
Read MoreWorld Bank approves US$250M for the establishment of Development Bank of Ghana
