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Deutsche Bank closes 3 Ghana funding deals worth €162m

Deutsche Bank has closed three transactions worth a combined 162 million euros with Ghana’s Ministry of Finance to fund projects in the West African nation, the lender said in an emailed statement.

Since 2012, Deutsche Bank has arranged more than 1.3 billion euros of financing related to infrastructure development in Ghana.

First transaction is a 92 million-euro package in which Deutsche Bank was sole arranger for the Kumasi Market development. Deal concluded between Contracta Construction U.K. and ministries of local government and rural development.

Deutsche Bank acted as sole lead arranger, agent and lender for 25 million-euro financing deal between Ellipse Projects SAS France and Ministry of Health for completion and equipping of Bekwai District Hospital.

Third transaction is for combined 45 million- euro financing for social infrastructure between Ghana’s health ministry and Contracta Costruzioni Italia for modernization and equipping of selected existing health facilities.

 

 

Source: classfmonline.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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