Building partnerships to drive Ghana’s Industrial and Energy future

As part of ongoing efforts to deepen partnerships within Ghana’s industrial and energy sectors, the Managing Director of the National Investment Bank PLC (NIB), Chief Dr. Doliwura Zakaria, recently engaged Ing. Kow Eduakwa Sam, CEO of the Bui Power Authority, and his leadership.

Dr. Zakaria shared the Bank’s renewed mandate to drive Ghana’s industrialisation and manufacturing agenda, an initiative inspired by H.E. John Dramani Mahama, which is realigning NIB PLC toward national development and deepening the Bank’s role as a key player in Ghana’s economic progres. Dr. Zakaria informed his counterpart that 70 per cent of the Bank’s expenditure currently supports state institutions.

He highlighted NIB’s strategic shift from being solely deposit-focused to becoming an active financial and advisory partner. The Bank is already working with major firms like Nexans Kabelmetal and Nestlé Ghana, offering not just financing but also support in governance and business strategy.

In his proposal, Dr. Zakaria invited Bui Power Authority to open an account with the National Investment Bank (NIB) PLC, outlining value-added benefits such as, Staff loan packages backed by provident fund contributions; Competitive interest rates under new security regulations, and Opportunities for mutual growth and national value retention through local fund circulation.

He stressed that keeping funds with NIB ensures that profits stay within the country, directly supporting Ghanaian development, adding, “If your money is with NIB, it is with Ghanaians”.

Ing. Kow Eduakwa Sam acknowledged the Bank’s proposal and assured that both institutions would explore the opportunity in the spirit of national collaboration, and acknowledged NIB’s commitment to providing innovative, partnership-driven financial solutions for Ghana’s strategic institutions.