President John Dramani Mahama has said preparations for the Women’s Development Bank are nearly finished. This bank aims to provide financial support to businesses led by women.
The president described the bank's setup as being in its final stages. He mentioned this during a recent public address.
He stressed the importance of this financial institution. Access to capital has been a challenge for many women-owned businesses.
The Women’s Development Bank is expected to offer loans and other financial services tailored to these needs.
Details on the bank's operational start date were not immediately available from a named official.
This initiative is part of efforts to boost economic participation and growth for women across the country.