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Wednesday, March 12, 2025

DBG commits to empowering women-led businesses

Development Bank Ghana (DBG) has reaffirmed its commitment to supporting women-led businesses with the necessary financial backing and skills development to enhance their growth and sustainability.

This commitment was highlighted during an engagement with female students of the Design and Technology Institute (DTI) as part of activities marking International Women’s Day 2025.

Speaking to the media on the sidelines of the event, Deputy Chief Executive Officer of Development Bank Ghana, Michael Mensah-Baah, stressed the bank’s strategic focus on fostering female entrepreneurship and equipping women with the tools needed to succeed in today’s competitive business environment.

“We believe that to be able to change the discourse of a country, we need to ensure that part of our efforts in supporting the private sector is focused on how we can support women-led businesses. Women-led businesses have specific challenges that, if you use the traditional way of supporting them, will not necessarily yield the benefit.

“One of them is the financial literacy part of it. Coming into DIT where it is an institution that is focused on developing women in certain skill set that are traditionally male dominated is actually in line with what we believe in

“A lot of the women coming from this Institute will one day be looking to setup their own businesses. Right from the beginning, we are going to be part of this journey with these women who are here who will one day work with DBG or partner with DBG when they come to the need of looking for funding and also providing technical assistance for their businesses,” he added.

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