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Ghana: Press highlights take off of National Development Bank in July, others

Ghana-Press-Review May 11, 2021 to 09:40 318 APA – Accra (Ghana) The announcement by the Finance Minister that the National Development Bank (NDB) will begin operations by end of July this year and the report that BOST has begun the re-export of refined petroleum products to some landlocked countries are some of the leading stories in the Ghanaian press on Tuesday. The Times reports that the Finance Minister, Ken Ofori-Atta has said the National Development Bank (NDB) will begin its operations by end of July this year. The Bank, according to him, would provide long term wholesale financing to the private sector through Commercial banks.

Ghana To Become Hub Of Pharmaceutical Production In SSA —Fitch Solutions

  Ghana will become the hub of pharmaceutical production in Sub Saharan Africa (SSA) on the back of COVID-19 vaccines. According to Fitch Solutions, the country continues to work towards its aim of establishing itself as a pharmaceutical hub on the continent. The creation of a pharmaceutical industrial park for pharmaceutical companies to establish large scale operations is therefore a testament “Global vaccine demand has placed countries with local manufacturing capabilities in a stronger position to guarantee access. In this respect Ghana’s local industry is limited, however, on April 19, 2021, the Pharmaceutical Association of Ghana (PMAG) appealed to the government to strengthen local vaccine production,” it said.

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