Management of the Development Bank Ghana (DBG) says their participation in the 2nd Edition of the Kwahu Business Forum is a testament to reassure the business community of the commitment of this government to letting the private sector lead the next stage of Ghana’s economic transformation agenda.
According to management DBG is poised to capitalize on this economic transformation agenda to provide a complete bouquet of products and services to the private sector to help them achieve their vision.
The Chief Executive Officer DBG, Dr Randolph Nsor-Ambala who spoke to Channel One Business News noted that the role of the international development partners in the economic transformation agenda cannot be overemphasized.
“I reassure the business community of the commitment of this government to let the private sector lead the next stage of Ghana’s economic transformation agenda. The second aspect of participating in this is to be able to capitalise on the transformation by providing a complete bouquet of services and products to the private sector to help them to be able to achieve that vision. The development partners are critical first to our journey and the ability to scale.
First of all we rely on their global experience to be able to develop accurate value prepositions that are fit for purpose and also to be able to build credibility to be able to expand our reach but the solutions that we implement are evidence based driven by a local content bridging that global experience and footprint to be able to drive local transformation,” he said.
Dr. Randolph Nsor-Ambala emphasized that DBG will provide the needed funding to support start-ups ready to venture in areas such as resilience in food security, building the robustness and scale needed in the manufacturing ecosystem to drive the agenda of import substitution and export led growth and start ups in the digital space to scale up.
This year’s forum, held under the theme “The Future of Business: The Role of the Financial Sector,” focused on fostering entrepreneurship and supporting the growth of small and medium enterprises (SMEs) in Ghana.
The Kwahu Business Forum aligns closely with the government’s broader objective of nurturing Ghanaian-owned SMEs to lead in export and manufacturing.