Accra: Dr Agnes Naa Momo Lartey, Member of Parliament for Nungua and Minister-designate for Women, Children and Social Protection, announced plans to establish the Women Development Bank in collaboration with the Ministry of Finance. This initiative aims to provide credit to traders and businesswomen at low interest rates and with flexible terms.
According to Ghana News Agency, the announcement was made during Dr Lartey's appearance before the Appointments Committee on Wednesday, January 22, 2025. The proposed bank is expected to support women entrepreneurs by easing their access to financial resources, thereby fostering economic growth and empowerment among women in the business sector.
