Damongo: GCB Bank PLC has committed GHC200,000 to the Gonja Traditional Council aimed at advancing educational opportunities and improving water accessibility in the Savannah Region.
According to Ghana News Agency, the donation allocates GHC100,000 to the Yagbonwura Bii-Kunuto Jewu Soale Educational Trust Fund, designed to aid high-achieving but financially challenged students in the region. Another GHC100,000 is designated for the construction of 15 boreholes in the Damongo township, addressing the area's significant water scarcity.
This contribution is part of GCB Bank's corporate social responsibility strategy, responding to an appeal by the Gonja Kingdom's Overlord, Yagbonwura Bii-Kunuto Jewu Soale I. The appeal was made during a visit by GCB Bank's Managing Director, Farihan Alhassan, marking his recent appointment.
During the cheque presentation ceremony in Damongo, GCB Bank's Board Chairman, Professor Joshua Alabi, emphasized the indispensable role of education in national progress and the necessity for collective efforts to support underprivileged students. Prof. Alabi highlighted the Gonja Kingdom's history of producing leaders across sectors and voiced optimism about nurturing future leaders with the right support.
On the borehole project, Prof. Alabi acknowledged that reliable water access is crucial for timely daily activities and reducing waterborne diseases, thus improving living conditions in Damongo.
GCB Bank's Managing Director, Farihan Alhassan, noted that this initiative aligns with the Bank's broader commitment to community support and partnership with traditional authorities. He mentioned similar initiatives are underway in other regions and confirmed that the borehole project is set to commence, with the contractor already paid.
Yagbonwura Soale expressed gratitude to GCB Bank's management, promising diligent use of the funds to prevent brilliant students from discontinuing their education due to financial issues.
