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Ghana: The AfDB grants more than FCfa 20 billion to the African Development Fund

18/11/2021
Categories: Sectors

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As part of its capitalization, the Development Bank of Ghana received a grant of more than 20 billion FCfa from the African Development Bank (AfDB).

The Board of Directors of the African Development Bank Group has approved a grant of more than 20 billion CFA francs to the African Development Fund to the Republic of Ghana to further capitalize The Development bank of Ghana (Dbg), a new institution of financing for development in Ghana. This institution is designed to provide finance to micro, small and medium enterprises as well as small businesses in agribusiness, manufacturing and information and communication technology (ICT).

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