By Juliet ETEFE
The Ashanti Regional Minister, Dr. Frank Amoakohene, has reaffirmed the critical role of women in economic development, describing them as the “backbone of Ghana’s local economy.”
He made this assertion in a keynote address read on his behalf at the Women in Business Dialogue Series held at the Lancaster Kumasi City Hotel.
Dr. Amoakohene applauded the resilience, creativity, and entrepreneurial spirit of women across the Ashanti Region and beyond.
He noted that from the markets of Kumasi to rising startups, women continue to drive economic activity and contribute immensely to regional growth.
“Today, we celebrate not only the entrepreneurial spirit of women in the Ashanti Region but also the boundless potential that lies within each of you. Women are the heartbeat of commerce, and their success is integral to the progress of our society,” he stated.
While commending existing achievements, Dr. Amoakohene acknowledged persistent barriers such as limited access to capital, mentorship, and support systems, which continue to affect the growth of women-owned businesses.
He emphasised that forums like the Women in Business Dialogue are essential for fostering ideas, building networks, and catalysing collective action.
The Minister also highlight the current government’s commitment to supporting women entrepreneurs through transformative policies.
He reiterated a campaign promise made by former President John Dramani Mahama—the establishment of a Women Development Bank, which he described as a “game-changer” for Ghana’s women in business.
“The Women Development Bank will provide tailored financial solutions, capacity-building support, and a safety net designed to help women-owned businesses thrive. When women succeed, the benefits are felt across families, communities, and the entire nation,” he explained.
He further stressed that while government intervention is key, it must be complemented by active participation from the private sector, civil society organisations, and the women themselves.
He urged all stakeholders to work together to create an enabling environment that nurtures innovation and empowers women to lead.
“Empowerment goes beyond providing resources—it’s about changing mindsets and creating a culture where women are free to dream and equipped to succeed,” he noted.
“Together, we can build a future where every woman has a seat at the table and every business has the opportunity to thrive,” he added.
The Women in Business Dialogue Series continues to serve as a platform for exchange, learning, and advocacy to scale job creation for women through agribusiness, entrepreneurship, and technology.
