Small and medium-sized enterprises (SMEs) have long been the backbone of the global economy. They are the engine that drives innovation, job creation, and economic growth. However, SMEs are facing new challenges in the wake of the Fourth Industrial Revolution, which is marked by the emergence of artificial intelligence...
The Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, has called on more female-owned businesses to get listed on the Ghana Alternative Market (GAX) so as to raise capital for expansion. Although established in 2013, GAX has only six companies listed since its inception as a plethora of...
Nine Small and Medium Enterprises (SMEs) in the Western Region have graduated under SNV GrEEn Incubation project ‘cohort three and four’ at Duapa Werkspace, ‘a training hub’ in Takoradi. The GrEEn project focuses on addressing the root cause of irregular migration by supporting sustainable and climate resilient businesses as well...
…the story behind Abukay Cuisine The COVID-19 pandemic's shock has had a significant effect on businesses, compelling many to employ strategies, including having to decrease staff hours, wages, and in some cases, laying off employees. But as they saying goes ‘in every situation, even the worst of them, something positive...
In a bid to promote investment and strengthen SMEs in northern Ghana, a two-day seminar is underway in Tamale to harness the vast potential of the region for economic growth. The Northern Trade, Industry and Investment Summit, which started on March 14 and is slated to end on March 18,...
The United Nations Industrial Development Organization (UNIDO) and the Ghana Enterprises Agency (GEA) has launched a call for applications for its program aimed at scaling up national initiatives on Micro, Small and Medium Enterprises (MSMEs) promotion. The call for proposal under the joint implementation of UNIDO and the GEA is...
Undoubtedly, SMEs and small-scale industries continue to play a vital role in boosting socio-economic growth and more women are at the forefront of it. In Ghana and the rest of Africa, there is a growing number of women who have become critical drivers in accelerating sustainable socio-economic development. Over the...
Most Start-up founders use multiple avenues to raise funding for their businesses. These sources of funding are generally classified either as equity or debt financing. Equity financing involves raising funding through a share of ownership from new or existing shareholders (owners). On the other hand, debt financing occurs when...
…the story behind Maku Foods Among other factors, we eat three or more times a day in order to survive. However, given how crucial it is to maintain a healthy diet and keep track of what you put into the body, Maku Foods - a food business that sprouted during...
Impact Investing Ghana (IIGh) has begun the operational set-up of its innovative Ci-Gaba Fund of Funds that seeks to unlock US$75million in local and international funding. The fund seeks to support local capital firms with focus on investing in small and medium-sized enterprises (SMEs) to advance the Sustainable Development Goals...

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