Development Bank Ghana and National Investment Bank Forge Strategic Path Toward Development-Focused Partnership

The National Investment Bank PLC (NIB) and Development Bank Ghana (DBG) are set to embark on a transformative partnership aimed at accelerating Ghana’s industrialization and developmental agenda. This followed a strategic meeting between the leadership of both institutions to explore collaborative opportunities in key sectors including manufacturing, agriculture, infrastructure, and rural development.

At the heart of the discussions was a shared vision to champion inclusive growth by supporting deprived communities, empowering women, and building the capacity of local businesses through innovative financing solutions.

During the meeting, DBG congratulated NIB on its recent recapitalization.  This milestone marks a new chapter for NIB, positioning the bank to meaningfully contribute to national development efforts. Both institutions acknowledged that their combined strengths could serve as a powerful engine to boost private sector growth and deliver sustainable development outcomes.

The collaboration between NIB and DBG will focus on several strategic areas designed to drive national development. Both institutions are committed to co-developing a robust framework that supports manufacturing, agriculture, and infrastructure development. A significant emphasis will also be placed on advancing women empowerment, with DBG having already dedicated 50% of its portfolio to female-led initiatives. In addition, the partnership seeks to drive rural development through inclusive financial strategies and targeted outreach aimed at transforming underserved communities. As part of their shared Corporate Social Responsibility (CSR) agenda, the two banks also intend to implement projects such as the provision of concessionary loans to uplift vulnerable populations and promote equitable growth.

To bring this vision to life, technical teams from both banks will convene to lay the foundation for a structured framework that guides the partnership. This will be followed by a joint review and an implementation plan to be rolled out in the coming months, marking the beginning of focused business collaborations between the two institutions.

Both DBG and NIB expressed a strong commitment to this partnership and the long-term impact it could create for Ghana’s economic and social development. DBG reiterated its willingness to support NIB in achieving shared goals through technical, strategic, and financial collaboration.

“This partnership marks a defining moment in our collective effort to drive Ghana’s development agenda,” said Chief Dr. Doliwura Zakaria, Managing Director of NIB. “We are excited about the possibilities and look forward to delivering meaningful outcomes for communities across the country.”