China’s Henan province’s emergency response level raised to second-highest as it’s hit by heaviest rain in 1,000 years

China’s Henan province’s emergency response level raised to second-highest as it’s hit by heaviest rain in 1,000 years

A man carries a woman in the flooded road after record downpours receded in Zhengzhou city in central China, Henan province Wednesday, July 21, 2021. © Feature China/Barcroft Media via Getty Images Chinese authorities increased the emergency status to Level II in the central province on Wednesday. The Ministry of Emergency Management dispatched 1,800 firefighters […]

Ofori-Atta outlines DBG’s four focus areas

Ofori-Atta outlines DBG’s four focus areas

Ken Ofori-Atta, Finance Minister The soon-to-be-established Development Bank Ghana (DBG) will prioritise support for agribusiness, manufacturing, Information Communication Technology (ICT) and mortgage finance, Minister of Finance Ken Ofori-Atta has said. He said these sectors represent the engines of growth and transformation for a ‘Ghana Beyond Aid’, and that the new lender’s focus will be to […]

Finance Minister dialogues with AGI; promises National Development Bank will be a game changer for industry

Finance Minister dialogues with AGI; promises National Development Bank will be a game changer for industry

Finance Minister, Ken Ofori-Atta, says the National Development Bank which will take off from the end of July will be a game changer that will transform the country’s economy through industrialization and create more job opportunities. This is because it will provide long term funding of up to 15 years repayment period to businesses, at […]

Patient capital of up to 15-yrs is coming – Ofori-Atta assures businesses

Patient capital of up to 15-yrs is coming – Ofori-Atta assures businesses

Finance Minister, Ken Ofori-Atta The long-standing problem of lack of patient capital faced by businesses, particularly manufacturers, will soon be a thing of the past when the Development Bank of Ghana (DBG) comes off this year, Finance Minister Ken Ofori-Atta has assured. Speaking to captains of large producers in Accra, Mr. Ofori-Atta said the soon […]