Claim: Image showing Takoradi branch of Women’s Development Bank
Source: X
Verdict: AI-generated
Researched by Gifty Danso
An X user shared an image purporting to show the Takoradi branch of the Women’s Development Bank.
The post made on June 25, 2026 was shared with a caption that said: “The NPP guys said our Vice President is only sharing sanitary pads… meanwhile,” with a photo of the supposed frontage of the bank attached.
The post had garnered 46.5K views, 96 reposts, 70 comments, 619 likes, and 11 bookmarks.
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This fact-check will verify the claim
Fact-check
The Women’s Development Bank is a flagship policy proposed by the governing National Democratic Congress (NDC) on page 19 of its 2024 manifesto. Since assuming power last year, the government allocated a total of GH¢454.1 million for setting up the bank. In the 2025 budget, GH¢51.3 million was allocated as seed fund, while another amount of GH¢401 million was allocated during the reading of the 2026 budget.
The bank’s establishment is supposed to support female entrepreneurs and promote women-owned businesses, but despite the financial allocations in two successive budgets, the bank has had no physical presence.
According to the government, it has applied for a licence for the bank pending approval from the Bank of Ghana (BoG). “I can confirm that a lot of preparatory work has been done. On January 26, 2026, the company WDB Ghana Limited was incorporated. The government has subsequently applied to the Bank of Ghana for a licence to operate the Women’s Development Bank.
“I wish to assure the House and Honourable Members that the Minister for Finance will provide a full update on this intervention as part of the Mid-Year Fiscal Policy Review scheduled for next month, July,” Deputy Finance Minister, Thomas Nyarko Ampem on Wednesday June 24 said during an update to Parliament.
This means the said bank has not yet been fully established to warrant the opening of branches.
AI-generated image
GhanaFact also passed the image through AI-detection tools – Hive moderation and WasitAI, both confirmed that the image was created with AI.
Verdict:
The claim that the image showed the frontage of the Takoradi branch of the Women’s Development Bank is false, and the image is AI-generated.
