Access Bank Partners Mantrac Ghana on Infrastructure Financing
Access Bank Ghana has formed a financing partnership with Mantrac Ghana to provide capital for construction and mining companies in the country.
The deal brings together Access Bank with four other leading local banks, creating a consortium financing arrangement that aims to make it easier for businesses in Ghana's infrastructure ecosystem to acquire heavy equipment and execute projects at scale.
Under the partnership, eligible contractors and mining firms will have access to tailored financing solutions, including working capital and equipment financing, which can help them purchase world-class Caterpillar machinery without constraints.
Nana Kwabena Afoom, Executive Director of Wholesale Banking at Access Bank Ghana, noted that access to capital is a major barrier preventing contractors from scaling their operations.