Access Bank Teams Up with Mantrac Ghana to Power Infrastructure Growth

Access Bank (Ghana) Plc has formed a strategic financing partnership with Mantrac Ghana, Caterpillar's authorised dealer in the country. The goal is to provide capital for contractors and mining companies.

The agreement brings Access Bank together with four other leading local banks in a consortium financing arrangement designed to help businesses acquire heavy equipment and execute projects at scale.

Under the partnership, eligible contractors and mining firms will gain access to tailored financing solutions, including working capital and equipment financing, structured to help them acquire world-class Caterpillar machinery without constraints.

'Access to capital is one of the biggest barriers preventing contractors from scaling their operations,' said Nana Kwabena Afoom, Executive Director, Wholesale Banking at Access Bank.

Frank Amegbeji, Group Head of Corporate Banking at Access Bank Ghana, described the partnership as a timely intervention that aligns with Ghana's infrastructure development agenda and the government's ongoing investment in major construction projects.