Development Bank Ghana marks five years of catalysing private sector growth 

By Edward Dankwah

Accra, June 18, GNA – Development Bank Ghana (DBG) has marked its fifth anniversary with a renewed commitment to expanding access to long-term financing, deepening partnerships and supporting Ghana’s economic transformation. 

The Bank is commemorating the milestone with a two-day celebration scheduled for November 16 and 17, 2026, under a strategic focus to deepen its reach, strengthen partnerships and scale up its impact in priority sectors of the economy. 

Professor Randolph Nsor-Ambala, Chief Executive Officer of DBG, speaking at the anniversary media launch, said the Bank’s work remained anchored on promoting sustainable and inclusive growth. 

The celebration will highlight DBG’s journey of impact over the past five years and reaffirm its commitment to supporting the growth and competitiveness of Ghana’s private sector. 

Since its establishment in November 2021, DBG has played a key role in addressing long-standing financing gaps by providing long-term funding to Partner Financial Institutions (PFIs), enabling them to increase lending to critical sectors of the economy. 

He said the Bank had supported businesses operating in sectors such as agriculture, manufacturing and services, contributing to job creation, improved productivity, and economic resilience. 

As part of the anniversary celebrations, DBG shared stories of entrepreneurs whose businesses and livelihoods had been positively transformed through its financing initiatives. 

“At DBG, we are focused on enabling businesses to grow, scale and contribute meaningfully to Ghana’s economic transformation. Our journey over the past five years reflects a strong commitment to impact and partnership,” he said. 

Prof. Nsor-Ambala noted that access to long-term finance remained critical to unlocking the full potential of businesses, especially small and medium-sized enterprises, which form the backbone of Ghana’s economy. 

He said the Bank would continue to work closely with financial institutions and development partners to expand access to credit, particularly for underserved segments of the market. 

Currently, DBG has onboarded 21 financial institutions and five partner agencies across the country to facilitate the delivery of its mandate. 

He said these partnerships had helped strengthen Ghana’s financial ecosystem and improve access to finance for businesses seeking to expand operations and create jobs. 

DBG reiterated its commitment to promoting sustainable economic growth by supporting businesses through innovative financing solutions and capacity-building initiatives. 

The Bank expressed optimism that with stronger partnerships and increased investment, it would continue to play a leading role in accelerating Ghana’s economic development and private sector growth. 

DBG is a development finance institution focused on increasing access to long-term financing for businesses through partner financial institutions, with the aim of supporting sustainable economic growth. 

GNA 

Edited by Linda Asante Agyei