Also known as: KfW Development Bank of Germany
German development finance institution that financed the Northshore Apparel Hub in Savelugu through a blended financing arrangement.
Verbatim sentences from the source article.
Joy Online
… It is owned by 24 African states and institutional investors, including African financial firms and Germany’s KfW Development Bank, which joined in April. …
AfDB to become top shareholder in Africa guarantee platform to boost derisking pushThe government plans to develop a 150-acre air cargo hub at Tamale International Airport to facilitate the export of vegetables, fruits and other high-value agricultural produce from northern Ghana to international markets, as part of its broader strategy to establish an integrated production and export system connecting agriculture, manufacturing, energy and logistics.
30 August 2026 · Joy Online →
The government plans to develop a 150-acre air cargo hub at Tamale International Airport to facilitate the export of vegetables, fruits and other high-value agricultural produce from northern Ghana to international markets, as part of its broader strategy to establish an integrated production and export system connecting agriculture, manufacturing, energy and logistics.
30 August 2026 · Joy Online →
Northshore Apparel CEO Nurideen Mohammed has appealed to the government to award part of its uniform procurement contracts for security services and public institutions to local manufacturers, arguing that Ghana currently spends foreign exchange importing uniforms that could be produced domestically.
28 August 2026 · Joy Online →
The CEO of Northshore Apparel Ghana Limited, speaking at the commissioning of the company's industrial park in Savelugu, argues that sustainable employment and industrialisation offer more lasting solutions to insecurity in Northern Ghana than armed security responses, and that dignified work can prevent youth recruitment by those fomenting conflict.
28 August 2026 · Joy Online →
Northshore Apparel Ghana Limited has announced a three-phase expansion plan for its industrial park in Savelugu that will establish a fabric mill and cotton outgrower scheme across northern Ghana and neighbouring countries, aiming to create an integrated textile value chain enabling Ghana to export finished clothing instead of raw cotton.
28 August 2026 · Joy Online →
President Mahama has assured the CEO of Ghana Export-Import Bank of his continued support in recovering funds from loan defaulters, saying the bank needs resources to finance viable businesses. Mahama claimed that after his previous administration left office, politically connected individuals dominated access to Exim Bank financing with no intention of repaying loans.
28 August 2026 · Joy Online →
Major buyers in the United States and South Africa expressed interest in purchasing garments from Northshore Apparel Ghana before production began at its newly commissioned factory in Savelugu, according to GEXIM CEO Sylvester Adinam Mensah. The early buyer interest demonstrates the factory's export potential and capacity to compete in the global apparel market.
28 August 2026 · Joy Online →
The newly commissioned Northshore Apparel Ghana factory in Savelugu has created 3,000 immediate jobs and is expected to employ 10,000 people at full operational capacity, according to GEXIM's CEO. The facility includes 50 sewing lines, cutting and design centre, warehouses, and solar power, with more than 2,000 prospective operators already trained.
28 August 2026 · Joy Online →
Ghana Export-Import Bank CEO Sylvester Adinam Mensah said the bank has redefined its lending framework to prioritise commercially viable projects with significant economic impact, guided by development outcomes rather than sentiment. The bank's financing decisions aim to allocate scarce resources to projects that create jobs, expand production, and strengthen Ghana's export capacity.
28 August 2026 · Joy Online →
The CEO of Ghana's Export-Import Bank says the newly commissioned Northshore Apparel Hub in Savelugu will generate direct jobs on the production floor and additional opportunities in transportation, food services, accommodation, and logistics, with wages supporting households and local businesses.
28 August 2026 · Joy Online →
The Northshore Apparel Hub, commissioned in Savelugu in the Northern Region, will strengthen Ghana's position in the global garment and apparel market through expanded domestic production and export competitiveness, according to GEXIM CEO Sylvester Adinam Mensah. The facility was financed through a blended arrangement involving GEXIM, Germany's KfW Development Bank, and equity contributions from project promoters.
28 August 2026 · Joy Online →
The African Development Bank will inject $125 million into the African Trade and Investment Development Insurance agency to become its largest shareholder, aiming to increase annual guarantees to $10 billion and unlock private capital for African development as official development aid declines.
2 June 2026 · Joy Online →