DBG marks five years of supporting private sector growth

Development Bank Ghana (DBG) has launched activities to commemorate its fifth anniversary, highlighting its contribution in expanding access to long-term finance and supporting private sector growth since its 2021 establishment.

The anniversary celebrations were officially launched in Accra and will culminate in a two-day event scheduled for November 16-17, 2026.

Speaking at the media launch, Chief Executive Officer-DBG Prof. Randolph Nsor-Ambala said the institution has channelled GH¢2.5billion through partner financial institutions to businesses across the country, with more than half of the financing benefitting women-led enterprises.

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

According to him, the bank was established to address persistent gaps in long-term financing and has since helped businesses in sectors such as agriculture, manufacturing and services to expand operations, create jobs and improve productivity.

Prof. Nsor-Ambala noted that all DBG’s partner institutions have fully repaid their loans over the past five years, describing the achievement as evidence of the bank’s financing model and partnerships’ strength.

He credited recent improvements in the macroeconomic environment, including declining inflation and lower interest rates, with creating more favourable conditions for business growth. He also commended finance minister Dr. Cassiel Ato Forson for initiatives aimed at improving access to affordable financing.

Looking ahead, the DBG CEO announced plans to introduce credit guarantee schemes for supporting businesses with limited collateral, deepening partnerships with financial technology firms and financial institutions and strengthening technical assistance for lending to agriculture and industry.

He said the bank will also prioritise investment in the oil palm value chain, expand support for women-owned businesses, increase its footprint across all 16 regions and support the country’s green transition through financing for climate-smart and clean energy projects.

DBG currently works with 21 financial institutions and five partner agencies nationwide as part of its mandate to increase access to long-term financing for businesses and promote sustainable economic growth.

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