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Development Bank Ghana disburses GH¢2.5bn to businesses
Development Bank Ghana (DBG) has disbursed over GH¢2.5 billion since its inception, with a significant portion directed toward underserved sectors and demographics. According to CEO Prof Randolph Nsor-Ambala, more than 60 percent of these funds have been allocated to women-led or women-owned enterprises.
The bank is focusing heavily on agribusiness and manufacturing, sectors that often face structural market failures and limited access to private commercial credit. More than half of all disbursements have targeted agriculture and manufacturing value chains, including maize, rice, cassava, sorghum, and poultry, to bolster food security and job creation.
In the manufacturing sector, DBG is prioritizing textiles, pharmaceuticals, and energy transition. The bank has identified five textile projects to present to financial institutions and has signed a three-year memorandum of understanding with the Association of Ghana Industries to support market development and capacity building. Additionally, approximately 40 percent of DBG's investments are directed toward micro, small, and medium enterprises (MSMEs) and regions outside the Greater Accra area.
Entities
Association of Ghana Industries · Development Bank Ghana · Randolph Nsor-Ambala