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Monday, May 19, 2025

Kwahu Business Forum: NIB champions market-led development

Managing Director of NIB, Dr Doliwura Zakari Managing Director of NIB, Dr Doliwura Zakari

The Managing Director of National Investment Bank PLC (NIB), Dr Doliwura Zakaria, has emphasized the bank’s renewed commitment to driving inclusive, community-led development across Ghana.

He made this known at the second Kwahu Business Forum held at the Mpraeso Social Centre in the Eastern Region where he joined a distinguished group of industry leaders, entrepreneurs, policymakers, and development partners to explore strategies for economic transformation.

The event, which served as a powerful platform for dialogue and collaboration, was themed around innovation, investment, and inclusive growth.

From engaging keynote sessions to high-level networking, the forum sparked a renewed sense of purpose in aligning public-private efforts to accelerate Ghana’s development.

Delivering an address that captivated participants, Dr Zakaria outlined NIB’s intent to replicate its equity model from the Accra Market across all 261 Metropolitan, Municipal, and District Assemblies (MMDAs) nationwide.

“We believe the time has come for local governments to take an active role as equity stakeholders in managing the markets that power their economies,” he said.

“As a bank with deep roots in Ghana’s industrial journey, NIB is ready to partner with MMDAs to make this vision a reality,” he added.

He explained that the bank’s successful investment and management involvement in the Accra market provides a tested blueprint that can be expanded to other districts.

By positioning local authorities as shareholders and decision-makers, NIB aims to enhance operational efficiency, improve infrastructure, and increase revenue streams at the grassroots level—without overburdening government budgets.

“Markets are economic nerve centres in our communities. When well-managed, they can transform livelihoods, empower SMEs, and create sustainable jobs,” Chief Dr. Zakaria noted.

“NIB is not just here to bank; we are here to build.”

The initiative aligns with NIB’s broader mission to support Ghana’s industrialisation and foster community ownership in public infrastructure.

It also reflects the bank’s ongoing transformation under new leadership, positioning it as a key financial partner in the government’s 24-hour economy agenda and broader economic reset.

NIB reaffirmed its commitment to forging bold partnerships, creating lasting impact, and being at the heart of Ghana’s development journey.

SA

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