Vice President Professor Jane Naana Opoku-Agyemang has disclosed that preparations for the rollout of the Women’s Development Bank are far advanced.
According to her, a two-day workshop has been convened to finalise key implementation strategies for the initiative.
She stated this while speaking at the 65th End-of-Year Gathering and General Meeting of the Greater Accra Markets Association (GAMA).
“Women are not lazy; it is help that we need. Every major policy needs appropriate preparation and consultation so it thrives,” she said.
She indicated that the Women’s Development Bank is expected to provide targeted financial support for women, particularly those in trading and small-scale enterprises.
The Vice President then appealed to market leaders and traders to support efforts to keep market centres clean.
She noted that good sanitation is the only way to reduce flooding, especially during the rainy season.
The Government of Ghana has allocated GH¢401 million to the Women’s Development Bank in the 2026 budget presented on November 13, 2025, with the objective of providing affordable financing to women-owned micro, small, and medium enterprises (MSMEs) and bridging the financial inclusion gap for women in the informal sector.
The GH¢401 million is in addition to a GH¢51.3 million seed capital allocated in the 2025 budget.
The funds will enable the bank to meet the Bank of Ghana’s minimum capital requirement and provide low-interest loans and flexible financial solutions to market women, traders, and small-scale businesses.
By: Rainbowradioonline.com/Ghana
