The University of Ghana Business School in conjunction with the Development Bank of Ghana has held its maiden Development Dialogue Series.
The initiative between the two organizations is to deepen collaboration between industry and academia in bringing pragmatic solutions to issues affecting the business climate in Ghana .
Speaking at the event , the Deputy Chief Executive Officer of the Development Bank of Ghana, Mr Michael Baah Mensah indicated that the core mandate of the Bank is to develop partnerships with academia and stakeholders in the business environment to facilitate development and encourage young businesses to get cheaper credit to create value for the economy and reduce unemployment in the country.
” As a development oriented bank, we seek to build stronger partnerships between industry and academia to use evidence based research to provide sustainable funding into the productive sectors of the economy to reduce youth unemployment in the long term and create value for society.
The Development Bank of Ghana is currently partnering with the University of Ghana through high quality research as funds have been committed into the the cultivation of rice ,soyabean, maize and poultry to identify the shortfalls which have bedeviled the commercial production of such staple commodities in the agricultural value chain”.
Also, the Chief Executive Officer of the Consolidated Bank of Ghana , Mr Daniel Wilson Addo
reiterated the resolve of his outfit to partner with the Development Bank and its partners to create sustainable funding for innovative business ideas and also advocating for gender parity in steps to bridging development finance gaps to reduce poverty and equality.
” As part of our key objectives as a commercial bank, the CBG is delighted that it is joining both the Development Bank and the University of Ghana to create innovative business solutions and soft funding into areas like green financing and technology to guide business startups by young people to grow into strong corporate entities that can contribute significant revenue for the Ghanaian economy and create wealth for all stakeholders in the value chain”.