President John Mahama has said that his government’s flagship Women’s Development Bank is in the final stages.
According to John Mahama, the Women’s Development Bank had been under the leadership of Vice President Jane Naana Opoku-Agyemang.
He highlighted that when women succeed, families thrive, and nations prosper.
Speaking in his address on Ghana’s 69th Independence Day Anniversary Celebration National Parade at the Forecourt of the Presidency in Accra, John Mahama stated, “Our women entrepreneurs have historically been the backbone of Ghana’s informal economy, and yet too many of them face barriers to affordable credit”.
“This Women’s Development Bank will provide accessible financing, mentorship, and business support that is tailored to women-led enterprises.”
“Women of Ghana are committed to investing so that you realise your full potential. Ghana’s destiny is inseparable from Africa’s destiny.”
In related news, 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 the 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.