Women’s Development Bank gets new operational timeline

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Women’s Development Bank

Presidential staffer, Rosemond Obeng, has assured Ghanaians that the proposed Women’s Development Bank will begin operations next year.

In a post shared by GHOne TV, Rosemond Obeng expressed confidence that the initiative would be rolled out as planned, assuring the public that preparations were underway to make the bank operational.

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“I assure all Ghanaians that the Women’s Development Bank will be operational next year…,” she stated.

The proposed Women’s Development Bank is expected to provide women with improved access to financial services and funding opportunities to support their businesses and entrepreneurial activities.

Meanwhile, Vice President Professor Jane Naana Opoku-Agyemang has announced that the government’s flagship Women’s Development Bank will be rolled out soon.

According to Professor Jane Naana Opoku-Agyemang,  a two-day workshop has been assembled to finalise key implementation strategies for the initiative.

Speaking at the 65th End-of-Year Gathering and General Meeting of the Greater Accra Markets Association (GAMA), the vice president stated, “Our aim is not speed for its own sake, but sustainability and impact. We are determined to build progressively and deliver on a mandate that genuinely benefits those who have long been left in the gaps of our economic system. The women in our markets deserve nothing less”.

Women are not lazy; it is help that we need. Every major policy needs appropriate preparation and consultation, so it thrives,” she said.

The vice president, in a subsequent post on social media, further detailed government is taking deliberate steps to ensure the Women’s Development Bank is structured to serve its intended purpose.

She wrote, “Later today, I attended the Greater Accra Markets Association (GAMA) End of Year Gathering and General Meeting 2026. It was an honour to be with hardworking market women whose daily efforts keep our local economies thriving. Our markets depend on the strength of the women who work in them. Peace, stability, and community resilience often start with women, and their role in sustaining families and the nation cannot be overstated.

I acknowledged the difficult conditions under which many market women operate. Our market women deserve to work with dignity, safety, and peace. Addressing these concerns has led to accelerated infrastructure development, including market revitalization projects.

I also commended the Association for adopting a theme that promotes healthy living, reflecting an understanding that economic empowerment must go hand in hand with well-being.

I reaffirmed Government’s commitment to establishing the Women’s Development Bank. Extensive stakeholder engagement is ongoing, and we are taking deliberate steps to ensure the Bank is structured to serve its intended purpose. Our aim is not speed for its own sake, but sustainability and impact. We are determined to build progressively and deliver on a mandate that genuinely benefits those who have long been left in the gaps of our economic system. The women in our markets deserve nothing less”, her post concluded.

See the post below:

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