By Juliet Aguiar DUGBARTEY, Takoradi
The Western Regional Minister, Joseph Nelson, has urged the Sekondi-Takoradi branch of Ghana National Chamber of Commerce and Industry (GNCCI) to strengthen efforts in empowering and preparing small and medium enterprises (SMEs) for the global market.
“This also means encouraging partnerships. We need to connect our local entrepreneurs with international counterparts, donor agencies and trade facilitators who can open doors to global supply chains,” he asserted.
Mr. Nelson stated that the region is committed to creating a business-friendly environment through policies that reduce bureaucracy, enhance market access and promote innovation.
He made these remarks at the trade and business exhibition fair 4th edition dubbed ‘Chamber Bazaar’ and held in Takoradi.
The Chamber Bazaar, which ran from Monday 7th April to Sunday 10th April 2025, featured SMEs showcasing their products and services, networking and forming partnerships.
Speaking on the theme ‘Empowering and Preparing SMEs for Global Markets’, the Regional Minister stressed that in this era of cross-border trade driven by technology, businesses must be well-positioned to tap into global opportunities.
“It is only through international commerce – guided by the principles of fair trade and mutual interest – that businesses can grow and realise their full potential,” he added.
Mr. Nelson assured the business community that Western Regional Coordinating Council (RCC) in collaboration with the Chamber of Commerce will continue to promote business development in the region.
“We have the potential to make a difference – first due to our strategic location and secondly because of our resource endowment. We must encourage increased investment in the region and explore partnerships both locally and internationally to drive business growth,” he stated.
He acknowledged that SMEs face several challenges, particularly in accessing global markets. These, he noted, include limited access to finance and modern equipment, inadequate capacity and knowledge of international trade practices, difficulties in meeting international standards and regulations and a lack of reliable data on emerging global market trends.
To address these issues, he called for the adoption of forward-looking, inclusive and multi-faceted strategies.
Mr. Nelson appealed for all stakeholders – government, development partners, financial institutions and individual – to support SMEs and ensure the sustainability and expansion of their businesses.
Also speaking at the event, Alexander Bogney Bewong, 2nd Vice-President-GNCCI noted: “As we position SMEs for the global market, it’s important to address challenges such as the recent 10% tariff imposed by the United States of America on Ghanaian exports”.
He emphasised that while this poses a significant challenge, it also presents an opportunity for Ghana to diversify and strengthen its export base. “GNCCI is committed to guiding businesses through these changes to maintain their competitiveness,” he said.
He concluded by reaffirming the Chamber’s commitment to supporting SMEs for global success. “We see not only the challenges but also the tremendous opportunities ahead. By working together, building networks and enhancing capacities, we will ensure Ghanaian businesses are ready to lead on the global stage,” he added.
