…The story behind Somuyie Enterprise In every sphere of life, giving up in challenging situations is always tempting but just as American writer, Elbert Hubbard remarked,“a little more persistence, a little more effort, and what seemed hopeless or failure may turn into a glorious success.” This expression perfectly describes...
Small businesses are currently experiencing low sales, cash flow problems, employment freezes and sometimes, redundancies. Starting a small business is hard work in any environment, but it's even more challenging in a tough economy. This is due to the high cost of living, high interest rates and even the ability...
A pioneer and renowned food blogger, Zubaida Abdel-Rahman, also known as the ‘Profession Foodie,’ has urged young entrepreneurs to take advantage of social media to create wealth. According to her, trends all around indicate a transition into an era when digital marketing seems to have become more popular than traditional...
…the story behind ‘Your Kitchen’ A renowned writer and theologian, Henri Nouwen, once said: “University has become a place that prepares you for the fights in the world”. One of the many people whose story resonates with this is Patrick Emery Sevor, the founder of ‘Your Kitchen’, a catering services...
some 3,195 jobs sustained by 311 firms In light of the country’s current disturbing economic challenges, the Ghana Enterprises Agency (GEA) believes a vibrant Small and Medium Enterprises (SMEs) sector will be critical to the restoration of macroeconomic stability - resulting in the disbursement of over Gh¢65million to...
As the year 2022 came to a turbulent end globally, 2023 started on the same or an even higher note - and the International Monetary Fund (IMF) has warned of a global recession hitting more than one-third of the world’s economy in 2023 amid tougher economic times. In Ghana, the...
as GEA launches SME High Growth programme earmarks US$20m to build capacities of 200 SMEs to take advantage of AfCFTA The Ghana Enterprises Agency (GEA) has launched the Small Medium Enterprise (SME) High Growth programme to provide the training and capacity building necessary for SMEs’ operational efficiency,...
In line with Ashesi University's mission to educate ethical entrepreneurial leaders in Africa, its Entrepreneurship Centre through the Ashesi Venture Incubator (AVI) X Grant Programme has awarded alumni business ventures grants amounting to US$65,000. Having been active under the AVI since 2020, the grant has supported many Ashesi alumni business...
The African Guarantee Fund Group (AGF), through its subsidiary AGF West Africa, and the Orabank Group have concluded a portfolio guarantee agreement for a total amount of 60 billion FCFA (100 million USD), aimed at increasing the financing capacity of the Orabank Group in favor of SMEs through its...
The Ghana Enterprises Agency (GEA) has disbursed about GH¢10million to 103 Micro, Small and Medium Enterprises (MSMEs) that applied for a portion of the Ghana Economic Transformation Project (GETP) grant. The beneficiaries were selected after meeting the rigorous criteria designed by the GEA, the World Bank and other development partners...