Nana Kwame Bediako is refused to be given loan by many Banks in Ghana
Nana Kwame Bediako, also known as Cheddar or Freedom Jacob Caesar, the Founder of the New Force Movement and a Ghanaian Entrepreneur, revealed that he faced rejections from several Ghanaian banks when seeking loans for his projects and businesses.
Despite having a conglomerate of businesses, only one bank initially showed interest but later collapsed. He highlighted the World Bank as the sole supporter of part of his projects due to having a partner. Bediako expressed concern about the reluctance of local banks to provide loans, emphasizing the risk this poses to the country's economy. He also lamented the lack of trust in international financial institutions lending to Africans, pledging to offer hope to the youth if elected president.
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