Ghana’s 24-hour economy needs a new kind of bank
Opinions

Ghana’s 24-hour economy needs a new kind of bank

Private sector proposes Value Chain Industries Bank to provide long term financing from raw materials to the consumer

Elikem Desewu
Published August 13, 20264 min read

Ghana’s ambition to build a productive 24-Hour Economy could face a major financing constraint unless the country changes how it funds agriculture and industry, with private-sector players proposing a Value Chain Industries Bank (VCIB) to provide long-term capital from raw-material production through manufacturing to the final market.

Published by Juliet Etefe
2 views

Comment guidelines

Please keep comments respectful. Use plain English for our global readership and avoid using phrasing that could be misinterpreted as offensive. By commenting, you agree to abide by our community guidelines and these terms and conditions. We encourage you to report inappropriate comments.

All Comments0

No comments yet. Be the first to share your thoughts.

Related Coverage: Opinions

Real trade deficit widens to GH¢6.2bn — GSS
Trade

Real trade deficit widens to GH¢6.2bn — GSS

The country recorded a GH¢6.2 billion trade deficit in real terms in the first quarter of 2026, in contrast to the GH¢46.1 billion nominal surplus, as export volumes contracted while imports expanded, according to the Ghana Statistical Service (GSS).

GoldBod turns gold into US$2.7bn FX buffer
Gold

GoldBod turns gold into US$2.7bn FX buffer

Ghana’s foreign exchange market is set to receive support from an estimated US$2.7 billion generated through the Ghana Gold Board’s (GoldBod) collaborative financing model over August and September,