By Emmanuel Baokye-ANSAH On July 16, 2024, the government of Ghana launched the Small and Medium Enterprises (SMEs) Growth and Opportunity Programme, aiming to enhance partnerships, mobilize diverse financial resources, and create a conducive platform for the growth of SMEs in the country. SMEs form the backbone of Ghana's economy, constituting...
The Deputy Minister of Finance, Dr Stephen Amoah, says entrepreneurship should be officially included in the country’s academic curricula as compulsory subject at the senior high school and tertiary level. According to him, the state must give entrepreneurship the needed consideration in the state budget to ensure development of the...
GCB Bank PLC has held a seminar to build the capacity of Small and Medium Enterprises (SMEs), with primary focus on the crucial role of digital tools in enhancing business operations in today’s competitive world. The seminar themed ‘Empowering Growth: Optimizing People and Resources for the Digital Era’ was also...
By Buertey Francis BORYOR The MIT Legatum Centre for Development and Entrepreneurship, in collaboration with the Ghana Enterprises Agency (GEA), Ghana Hubs Network (GHN) and She Hub Ghana, has successfully concluded a dynamic three-day bootcamp aimed at nurturing innovation-driven ventures in Accra. The event, themed 'Building scalable innovation ventures', brought together...
The official launch of Ghana SMEs and Startup Week (GSSW) 2024 marked a momentous occasion dedicated to driving entrepreneurial success and enhancing meaningful connections among businesses in Ghana. This year’s event promises to be a transformative platform offering unparalleled investment opportunities, cutting-edge business insights, and a collaborative environment addressing critical...
A striking paradox exists in Ghana: despite our people's abundant talent and wisdom, many capable individuals shy away from pursuing innovative ventures. The primary reason for this hesitation is a pervasive fear of financial inadequacy. This fear hinders the entrepreneurial spirit and stifles economic growth as potential business leaders...
By Samuel LARTEY (Prof) ([email protected]) Ghana's US$3 billion support package from the International Monetary Fund (IMF) is seen as a lifeline for the nation’s economy, especially during these challenging times. This substantial financial aid aims to stabilize the economy, ensure fiscal sustainability, and promote growth. Workers, small and medium-sized enterprises (SMEs),...
By Augustina DAN-BRAIMAH Access to finance and its related costs remains a major challenge for doing business in Africa, particularly for small businesses. This hinders the establishment of new businesses and the ability of existing businesses to upgrade or upscale. In some cases, inadequate funding ultimately leads to an abrupt end...
In a vibrant display of entrepreneurial spirit, MTN Ghana has made a significant stride in supporting Small and Medium-Sized Enterprises (SMEs) through its SME Fair initiative, connecting businesses to a wider market and boosting their growth to fuel the economic potential of the sector. It targets more than 100 businesses...
The International Trade Centre (ITC) and African Export-Import Bank have held a capacity-building exercise for some Small and Medium-sized Enterprises (SMEs) in the cocoa and coffee sector. The aim was to equip them with knowledge on leveraging the myriad of opportunities from the African Continental Free Trade Area (AfCFTA)...