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...
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...
Five women-owned startups in the Technical and Vocational Education and Training (TVET) space have been awarded seed capital of GH₵150,000 to scale-up.
The five startups were selected as winners among 12 finalists from three regions - Greater Accra, Ashanti and Western - as part of the ‘Invest in Her’ TVET...
In recent years, social media has become a powerful tool for businesses of all sizes, including small and medium-sized enterprises (SMEs) in Ghana. With over 6.60 million active social media users in Ghana and over 23.05 million internet users, it's no surprise that SMEs are increasingly using social media...
Absa Bank has implored small and medium-scale enterprises (SMEs) to adjust their operations and prioritise liquidity to survive the current economic challenges.
The country has made good progress in restructuring its domestic debts under an exchange programme that was concluded earlier this month. Negotiations for an IMF bailout programme are...
On January 30, the African Development Bank (AfDB) announced the approval of a dual-currency trade Finance Line of Credit for the ECOWAS Bank for Investment and Development (EBID). The three-and-a-half-year facility, which comprises of US$50million and €50million, and additional co-financing of US$30million from the People’s Bank of China (PBOC),...
Owing to the growth prospects of tech-focused start-ups, they will increasingly remain an investment bright spot, Vice President responsible for Legal and Strategy at the Ghana Fintech and Payments Association, Richard Nunekpeku, has observed.
Despite estimates by management consultant Mckinsey and Company that Ghanaian fintech revenues could reach US$18.6-billion by...