• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 5, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Leverage Sustainable Financing to Grow Your Business – MD, GCB Bank

October 24, 2021
Stephen M.Cby Stephen M.C
in Finance
0
Leverage Sustainable Financing to Grow Your Business – MD, GCB Bank

Mr. Kofi Adomakoh - Managing Director, GCB Bank

Mr. Kofi Adomakoh, the Managing Director of GCB Bank, has called on entrepreneurs to leverage on locally available sustainable financing mechanisms to grow and develop their businesses.

According to Mr. Adomakoh, although these funding vehicles are long term inclined, he admonished businesses to get their project operations right.

GCB Bank’s Managing Director stated that sustainability did not mean businesses sacrificing their projects or putting their successes on hold. “Instead, it has become a crucial element to any organisation’s success strategy”.

RelatedPosts

BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut

NIC Launches Bold Insurance Plan to Protect Ghana’s Informal Sector

Don’t Expect Cheaper Loans Despite BoG’s Rate Cut- Economist Dampens Hopes

“Companies operating in Ghana can take advantage of the sustainable financing opportunities immediately.”

Mr. Kofi Adomakoh

Mr. Adomakoh made this statement during the 4th Standford Seed Transformation Network’s (STN), Ghana conference on business transformation that was held in Accra under the theme, ‘Transformation Continuum’.

Iterating some disbursement of capital to businesses, GCB Bank’s Managing Director stated that Green Climate Funds, in collaboration with local banks, has channelled about US$ 82.4 million so far to businesses.

Also, Mr. Adomakoh disclosed that some US$ 115 million in relation to the Climate Investment Fund has been disbursed with a mix of programmes focusing on the agriculture and energy sectors.

“We are looking forward to working with businesses to make sure we build climate friendly and sustainable projects.”

Mr. Kofi Adomakoh
Mr. Kofi Adomakoh Managing Director GCB Bank.
The 4th Standford Seed Transformation Network’s (STN), Ghana conference

Bridging technology development ideas

Speaking on the need to merge technology development ideas, Madam Stephanie Sullivan, United States (US) Ambassador to Ghana, said innovation can possibly mean combining pre-existing ideas and technologies in novel ways.

Ms Sullivan said, “as we plan our own personal and business transformations, it’s also important to look at the big picture: the business environment in Ghana and globally”.

Touching briefly of infrastructural development in the country, the US Ambassador stated that a robust infrastructure can be able to transform a local provider into a global supplier.

“We all know the importance of infrastructure to support inclusive economic development and, more broadly, human development.”

Stephanie Sullivan

Ms. Sullivan revealed that private sector leadership in climate, health and health security, digital technology, and gender equity and equality is the key to success, both globally and in Ghana.

The US’s Ambassador to Ghana urged the participants at the event to leverage the power of the Network and channel their energies towards developing Ghana’s economy considering these four focus areas.

Madam Sullivan stating the viability of the event, said “a network is only as good as the connections that hold it together”.

Challenges facing businesses

Laying bare the difficulties faced by businesses in the country, Mrs. Linda Yaa Ampah, President of STN, outlined lack of funding, and “rising cost of doing business as result of high taxes, high interest rates, high cost of energy” among others, as the major challenges businesses encounter.

Also, amidst the numerous challenges businesses continue to face, Mrs. Ampah disclosed that, there exist various opportunities that continue to emerge from these challenges.

“We are grateful to God that we are all here to continue to pursue initiatives and activities that would contribute to developing Ghana’s economy.”

Mrs. Linda Yaa Ampah

Mrs Ampah further highlighted the various business opportunities that the African Continental Free Trade Area (AfCFTA) presents to help attain an economically integrated Africa.

In the meantime, Mrs. Ampah, the President for Standford Seed Transformation Network (STN), Ghana Chapter said the conference was purposed to empower businesses to scale up their operations.

READ ALSO: Ensure Strict Adherence of Pensions Regulations – Asantehene to NPRA

Tags: GCB BankMr. Kofi AdomakohMrs. Linda Yaa AmpahStandford Seed Transformation NetworkStephanie Sullivan
Please login to join discussion
Previous Post

I won’t blame Alec Baldwin for my daughter’s death- Father of shot cinematographer

Next Post

Environment not conducive enough for youth with entrepreneurial ideas- Mr Korle

[mc4wp_form id="1264"]

Related Posts

EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation
Entertainment

EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation

August 5, 2025
BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut
Banking

BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut

August 5, 2025
Dr. Ransford Annetey Abbey, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD)
Agribusiness

COCOBOD CEO Reveals Hidden Cocoa Contract Rollovers Worth Millions

August 5, 2025
Dr. Rashid Pelpuo, Commission, Public
General News

New FWSC Board Tasked to Lead Labour Peace, Wage Reform

August 5, 2025
Cocoa farmers shortchanged?
General News

Cocoa Farmers Shortchanged, Gov’t Criticised Over Pricing

August 5, 2025
Fuse ODG Focuses Beyond Afrobeats Recognition
Entertainment

Fuse ODG Focuses Beyond Afrobeats Recognition

August 5, 2025
EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation
Entertainment

EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation

by Esther Korantemaa OffeiAugust 5, 2025
BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut
Banking

BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut

by Stephen M.CAugust 5, 2025
Dr. Ransford Annetey Abbey, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD)
Agribusiness

COCOBOD CEO Reveals Hidden Cocoa Contract Rollovers Worth Millions

by Evans Junior OwuAugust 5, 2025
Dr. Rashid Pelpuo, Commission, Public
General News

New FWSC Board Tasked to Lead Labour Peace, Wage Reform

by Silas Kafui AssemAugust 5, 2025
Cocoa farmers shortchanged?
General News

Cocoa Farmers Shortchanged, Gov’t Criticised Over Pricing

by Lilian AhedorAugust 5, 2025
Fuse ODG Focuses Beyond Afrobeats Recognition
Entertainment

Fuse ODG Focuses Beyond Afrobeats Recognition

by Esther Korantemaa OffeiAugust 5, 2025
EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation
BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut
Dr. Ransford Annetey Abbey, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD)
Dr. Rashid Pelpuo, Commission, Public
Cocoa farmers shortchanged?
Fuse ODG Focuses Beyond Afrobeats Recognition
[/vc_row_inner]

Recent News

  • EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation
  • BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut
  • COCOBOD CEO Reveals Hidden Cocoa Contract Rollovers Worth Millions
  • New FWSC Board Tasked to Lead Labour Peace, Wage Reform
  • Cocoa Farmers Shortchanged, Gov’t Criticised Over Pricing
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.