As the shift toward greener and more sustainable economies deepens globally, young entrepreneurs in the green business space in the country are being encouraged to build and leverage synergies to thrive. According to the Lead Person on Green Entrepreneurs at Strategic Youth Network for Development (SYND), Maxwell Beganim, a key...
Experts from finance and the private sector have emphasised the crucial role that banks can play in providing funding for both start-ups and established small and medium-sized enterprises (SMEs). This comes on the back of limited access to bank credit by SMEs, which has been further exacerbated by the Domestic...
The Ghana Enterprises Agency-ENI Ghana Economic Diversification Building Project has provided entrepreneurship, financial literacy and technical training to some 765 micro-, small- and medium-scale enterprises (MSMEs) in the Ellembele district of the Western Region. The two-year integrated development intervention is targetted at MSMEs from 10 coastal communities: Sanzule, Krisan, Eikwe,...
I. BRIEF OVERVIEW OF MICRO-CREDENTIALS In today's fast-paced and ever-evolving job market, the demand for a skilled workforce has surged, paving the way for inventive educational solutions. One such innovation gaining traction is the world of micro-credentials: focused, bite-sized learning experiences that empower individuals with the relevant skills they need...
Board Chair of the Ghana Venture Capital and Private Equity Association, Matthew Boadu Adjei, says Private equity (PE) and venture capital (VC) funds are set to invest at least US$30million in small and medium-scale enterprises (SMEs). Private equity and venture capital funds are investment vehicles that offer financing to companies...
Private equity (PE) and venture capital (VC) funds are set to invest at least US$30million in small and medium-scale enterprises (SMEs) during 2023, according to Board Chair of the Ghana Venture Capital and Private Equity Association, Matthew Boadu Adjei. Private equity and venture capital funds are investment vehicles that offer...
British International Investment (BII), the UK's development finance institution and impact investor, has unveiled a new technical assistance programme aimed at supporting small and medium-sized enterprises (SMEs) in Ghana. The Ghana Investment Support Programme (GISP) seeks to enhance SMEs' access to finance and technical support and promote inclusive growth by...
Improving women's access to credit and loans for sustainable livelihoods and increasing agricultural productivity remain a challenge in Ghana and Africa as a whole. In northern Ghana, a majority of the population (mostly women) involved in subsistence agriculture - who have the zeal to engage in either farming or petty...
The Executive Director at the Centre for Financial Literacy Education (CFLE) Africa, Peter Kwadwo Asare Nyarko, has underscored the need for enterprises to acquire financial literacy skills to increase their access for finance. One of the common challenges faced by the small and medium-sized enterprises (SMEs) in Ghana is access...
While it is generally acknowledged that 70% of Ghana’s economy is the informal sector (GSS, 2017), it is also the sector in which SMEs are found. SMEs in Ghana contribute about 70% to GDP and provide about 85% of manufacturing employment. However, in spite of its potential contribution to alleviating...