DBG Announces Exclusive Lending Programme for Women Entrepreneurs

Kumasi: Development Bank Ghana (DBG) has unveiled a flagship women's lending programme, aimed at eliminating barriers that have long constrained women entrepreneurs across Ghana and, in turn, accelerate credit support to women to grow their businesses. DBG, a long-term capital institution committed to catalysing business expansion, innovation, and economic transformation, made the announcement during an event in Kumasi to mark its fifth anniversary with customer appreciation and a business dialogue for entrepreneurs.

According to Ghana News Agency, the programme featured compelling testimonies from end-borrowers, alongside targeted discussions on the financing ecosystem in Ghana. Entrepreneurs drawn from diverse sectors shared first-hand experiences of how DBG-backed financing-accessed through Participating Financial Institutions (PFIs)-helped them navigate challenges and scale their businesses.

The dialogue created a platform for frank engagement among business owners, financial institutions, and DBG leadership on what is working, the persistent obstacles confronting entrepreneurs, and practical ways to strengthen support for underserved sectors. Professor Randolph Nsor-Ambala, Chief Executive Officer (CEO) of the bank, noted that since its establishment in 2021, DBG had continued to narrow financial disparities.

He stated that the bank was founded five years ago to close the financing gap and enable Ghana's most productive businesses to realise their full potential.