Government Nears Completion of Women’s Development Bank
President Mahama has announced that the establishment of the Women’s Development Bank is in its final phase.
Speaking at the 69th Independence Day celebration of the country, he explained that the project which is being spearheaded by Ghana’s first female president, Prof .Jane Naana Opoku-Agyemang aims at providing accessible financing, mentorship, and business development support tailored specifically to women-led enterprises.
According to the President, women entrepreneurs have historically been the backbone of Ghana’s informal economy, yet many of them continue to face significant barriers in accessing affordable credit to expand their businesses.
“ I’m also pleased to announce that we’re in the final stages of setting up the women’s development bank.This work has been under the leadership of our hardworking vice president Jane Naana Opoku-Agyemang.Our women entrepreneurs have historically been the backbone of Ghana’s informal economy and yet too many of them face barriers to affordable credit.This women’s development bank will provide accessible financing, mentorship and business support that is tailored to women led enterprises.”
President Mahama also noted that empowering women economically will not only strengthen families but also contribute to national development.
“When women succeed,families thrive and nation improves . Women of Ghana we are committed to investing so that you realize your full potential.”
He reaffirmed the government’s commitment to investing in Ghanaian women and ensuring they have the necessary resources to realize their full potential.
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