Ghana receives €170 million from EIB to establish Development Bank Ghana
The Republic of Ghana has received an amount of hundred and seventy million euros (€170 million) from the European Investment Bank (EIB) for the establishment of a new national bank, ‘Development Bank Ghana’ (DBG).
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In a statement made by President Nana Addo Dankwa Akufo-Addo on Wednesday, 19th May 2021 intercepted by by Coverghana.com.gh said, Development Bank Ghana’ (DBG) is one of the pillars of our GH¢100 billion Ghana CARES ‘Obaatampa’ Project, the programme to revitalise the Ghanaian economy, following the onset of COVID-19. It will stimulate growth in the private sector, and aid in our programme to transform the structure of the Ghanaian economy.
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According to him, the Minister for Foreign Affairs and Regional Integration, Hon. Shirley Ayorkor Botchwey, signed on behalf of Ghana, with Dr. Werner Hoyer, President of EIB, signing on behalf of the Bank.
SOURCE: Coverghana.com.gh
